Vinacapital

Contact tracing procedures would also need to be established, all guests and employees might be required to download a geo-tracking app on their mobile phones and carry it at all times and the standard social distancing measures would also have to be maintained. … [Read more...] about How to revive Viet Nam’s tourism industry?

Contact tracing procedures would also need to be established, all guests and employees might be required to download a geo-tracking app on their mobile phones and carry it at all times and the standard social distancing measures would also have to be maintained. … [Read more...] about How to revive Việt Nam’s tourism industry?

Pushing the idea of ‘safe haven’ tourism by marketing the country’s successful control of COVID-19 could be a game changer for Vietnamese tourism, according to Don Lam, co-founder and CEO of VinaCapital, a Ho Chi Minh City-based investment management and real estate development firm. … [Read more...] about Vietnam tourism should push ‘safe haven’ branding in revival plans: expert

VinaCapital Group Ltd. and other investors will be in charge of developing these two projects, which contributes to decreasing the financial pressure on state-run Electricity of Vientam (EVN) to develop new electricity sources. With the average construction of 30-36 months per project, the construction will be much faster than a coal-fired power plant. … [Read more...] about Long An 1 and 2 thermal power plants to switch to LNG model

HCM City (VNS/VNA) - “Safe haven tourism” is one way for Vietnam to maximise tourism revenues while minimising risks posed by COVID-19 pandemic, according to investment fund VinaCapital. Don Lam, its co-founder and CEO, said the tourism industry contributed 10-15 percent to the country’s economy and employed 1.3 million people, but had come to a standstill like elsewhere in the globe due to COVID-19. “We estimate that tourist arrivals to Vietnam could fall by at least 60 percent in 2020 after falling nearly 40 percent in the first four months of this year.” It would probably take two years for the global tourism industry to recover. One idea to reboot the industry was “safe haven tourism” by creating confidence in both visitors and destinations that health and safety issues were fully addressed. “We encourage a low-risk/high-return strategy be applied where Vietnam specifically targets higher spending tourists from countries with low … [Read more...] about “Safe haven” status could revive tourism industry