Vietnam strives to restore tourism back to the state of 2019 before the Covid-19 pandemic broke out. Vietnam’s latest tourism planning places emphasis on the sustainable development of the industry to make it the spearhead in the country’s economy in the years to come. Overview of the conference held on August 9. Photo: MCST The issue was discussed at a conference held on August 9 which gathered domestic and foreign officials and experts to provide ideas for Tourism Planning for the period 2021-2030 and a vision for 2045. The planning has many important points, including quality, efficiency, and competitiveness of an industry that generated US$32 billion in 2019 (before the Covid-19 pandemic). It aims to restructure the tourism industry with spatial orientations and development solutions coupled with the planning of tourist sub-regions, maritime tourism, among others. Vietnam’s tourism industry needs to be oriented by a long-term vision, based on … [Read more...] about Vietnam seeks ways to boost competitiveness of tourism
Tourism projects ideas
Ho Chi Minh City mulls ‘tourism tax’ for overnight visitors
The Ho Chi Minh City tourism department is seeking feedback on a proposal to impose a small ‘tourism tax’ on visitors for each night spent in the city. Money raised from the proposed VND23,000 tax, equivalent to roughly one U.S. dollar, would be spent on improving the local tourism infrastructure, the department said in its proposition to the municipal administration. Inspiration for the tax came from revisions to the law on tourism, effective from January 2018, which will allow localities to create a fund for tourism development with revenues generated from tourists. The proposal has so far received positive feedback from local travel companies, who say the fee will be insignificant to tourists but will have huge upsides for Ho Chi Minh City’s tourism infrastructure and promotional opportunities. Tran The Dung, deputy director of The He Tre Travel, said it is a good idea to have a new source of capital, funded by tourists who enjoy services offered by the city. “The lack of … [Read more...] about Ho Chi Minh City mulls ‘tourism tax’ for overnight visitors
North-Central-South tourism connectivity enhanced
At the conference In November 2020, leaders of the People’s Committees of seven localities signed an agreement on tourism development cooperation. The program will focus on state management of the tourism industry, the development of tourism human resources and tourist products, and tourism promotion. According to a report, seven cities and provinces received a total number of visitors of 17.7 million and earned VND63, 000 billion (US$2.7 billion) in tourism revenue in 2021. In the first six months of this year, the business outcome of tourism activities saw positive signs thanks to tourism reopening policies. The total number of tourists was estimated at around 32.9 million, including one million international visitors while the revenue from tourism was VND87, 900 (US$3.76 billion). Standing Vice Chairman of the People’s Committee of Quang Ngai Province, Tran Hoang Tuan speaks at the event. Speaking at the event, Standing Vice Chairman of the People’s Committee of … [Read more...] about North-Central-South tourism connectivity enhanced
No issuance of permits to hold races because no projects completed yet
Minister of Finance Ho Duc Phoc The Ministry made the statement at the 14th session of the National Assembly (NA) Standing Committee on August 10. Referring to gambling crimes, online gambling and betting organizations have been complicated and unpredictable, deputy Pham Van Hoa from the Mekong Delta Province of Dong Thap wondered why the police force has handled many cases, but this situation has not improved. According to deputy Pham Van Hoa, it is time to allow the implementation of Decree 06/2017/ND-CP on the business of betting on horse racing, greyhound racing, and international football for stricter management as localities can collect tax from such businesses and limit online betting. This Decree has been studied for many years before it was promulgated and took effect in 2017 but has not been implemented so far. He asked why Vietnam has piloted allowing casinos to operate, but not allowed betting. Minister of Public Security To Lam said that the view of the Ministry … [Read more...] about No issuance of permits to hold races because no projects completed yet
N.A. Chairman meets members of economic, culture, tourism club
The chairman said the COVID-19 pandemic is an opportunity for Vietnam to restructure the tourism industry, turning it into a spearhead economic sector, underlining the need to accelerate restructuring in terms of infrastructure and tourism products on the ground of renewing awareness about the industry. He said that tourism development should be associated with preserving cultural and historical values to educate the tradition while promoting national cultural identity. He noted that tourism development should be linked with the implementation of the national target programs on hunger eradication and poverty reduction as well as the development of mountainous ethnic minority areas and new-style rural building. Hue said that he expects localities to coordinate with the Government, ministries and agencies in accelerating the implementation of the socio-economic development recovery programs, including those supporting businesses and workers in the tourism sector. He hoped that … [Read more...] about N.A. Chairman meets members of economic, culture, tourism club
SCG accelerating strategies to address myriad of challenges
SCG’s Q2/2022 operating results show continuous revenue growth despite energy costs’ effects on profits, maintaining robust financial standing. Roongrote Rangsiyopash, president and CEO at SCG disclosed, “Despite volatile situations with crisis upon crisis such as inflation, rising interest rates, increased energy and raw material costs, and climate change, SCG continues to adapt, resulting in strong overall business and financial performance. Innovative product and service developments are in full gear, especially eco-friendly items with SCG Green Choice labels and innovations to meet consumers’ demands for safety and convenience, catering to the tourism and service sector’s recovery as borders fully open." "Moreover, strategic investments are being prioritised, resulting in the delay of new projects that are non-urgent while still going through with quick-return projects and ones that are aligned with the company’s long-term growth plans. This includes the Long Son … [Read more...] about SCG accelerating strategies to address myriad of challenges