Want to be in the loop?
subscribe to
our notification
Business News
HOTELS REPURPOSED AS QUARANTINE PLACES FOR FOREIGN EXPERTS
Last month, Ho Chi Minh City People’s Committee proposed to the Immigration Department under the Ministry of Public Security to consider and support the entry of 437 foreigners from 100 agencies, organisations, and businesses to work in Ho Chi Minh City. Among them were 16 investors, 304 technical experts, 37 skilled workers, 51 business managers, and 29 relatives of the above.
Ho Chi Minh City has decided to choose eight hotels with 3- to 5-star standards in the districts 1, 3, 5, 7, and Tan Binh with a total of 1,485 rooms to function as quarantine places. The smallest hotel among these has 77 rooms and the biggest has 350 rooms.
The eight hotels are Holiday Inn Hotel, BIS Saigon Aiport Hotel, Bat Hotel, Des Arts Saigon Hotel, Le Meridien Saigon Hotel, IBIS Saigon South Hotel, De Nhat Hotel, and Norfolk Hotel.
In order to prevent any spread of the coronavirus, Ho Chi Minh City Health Department will guide the hotels according to the regulations for COVID-19 prevention, and coordinate with the relevant units to intensify the periodic and irregular inspections and supervision of the locations chosen.
Foreign workers like experts and managers entering Vietnam must be isolated at concentrated medical facilities or isolated areas. Enterprises are responsible for paying all medical expenses and other related fees to the isolation for them.
In Hanoi, some 3- to 5-star hotels, such as Sofitel Metropole Hanoi, Muong Thanh Xa La, InterContinental West Lake, Crowne Plaza, and Hoa Binh are also on the list of concentrated isolation points for foreign experts, skilled workers, and foreign diplomats to work in Hanoi. Recently, the Hanoi People’s Committee has promulgated additional regulations on the establishment of a paid isolation facility for experts at the Binh An 3 Hotel, Minh Phu commune, in Soc Son district.
In addition to the two major cities, a number of other localities have organised paid isolation areas for foreign experts. As such, Bac Ninh province has welcomed nearly 3,000 experts and foreign workers. According to the director of Bac Ninh’s Department of Health, the province has not yet to charge a separate quarantine fee for foreigners, but businesses will choose the hotel to be used as a quarantine area, with the province supporting the pandemic prevention measures.
In other localities such as Haiphong, Bac Giang, and Vinh Phuc, foreign experts will be proactively selected by the company which selects isolation locations and pays for accommodation based on the list of locations assessed by the city. Haiphong does not allow people to stay in hotels in the inner city. Meanwhile, Vinh Phuc province has just granted certificates for 146 invited foreign experts to work in the city.
In Thai Binh province, the three centralised fee-collecting locations are Dieu Linh Hotel, Thai Thuy District Political Training Centre, and Viet Village Hotel and Restaurant Complex. Foreigners previously staying at these establishments have been satisfied with the facilities.
Source: VIR
Related News
EVFTA DEEPENS VIETNAM-EU RELATIONS AFTER SIX YEARS
The EVFTA acts as a vital economic highway to boost trade between Vietnam and EU. In 2019, the Vietnam – EU two-way trade stood at $49.8 billion. This figure rose to $74 billion by the end of 2025. In the first six months of 2026, two-way trade between Vietnam and the EU totalled $41.7 billion. Vietnam's exports to the EU reached $31.8 billion, while imports from the bloc stood at $9.9 billion.
AMRO UPGRADES VIETNAM GROWTH FORECAST TO 7.5 PER CENT
AMRO released its July 2026 Quarterly Update of the ASEAN+3 Regional Economic Outlook on July 27, projecting Vietnam to grow 7.5 per cent in 2026, up from its June forecast of 7.2 per cent. AMRO also raised its growth forecast to 7.3 per cent in 2027, up from its June forecast of 7 per cent, while revising down its inflation forecasts to 4.3 per cent in 2026 and 3.9 per cent in 2027.
VIETNAM APPROVES ROADMAP FOR INT’L FINANCIAL CENTERS THROUGH 2035
Vietnam has approved a development plan through 2035 for its international financial centers, with the one in Ho Chi Minh City positioned as a comprehensive global financial hub. Deputy Prime Minister Nguyen Van Thang, chairman of the governing board of the Vietnam International Financial Center, has signed the decision approving the development plan.
REMITTANCES TO HO CHI MINH CITY TOP $4BN IN H1 2026
Remittances sent to Ho Chi Minh City topped US$4 billion in the first half of 2026, down nearly 23 percent year on year, despite a modest recovery in the second quarter. The city received more than $2.03 billion in remittances in the second quarter. Tran Thi Ngoc Lien, deputy director of State Bank of Vietnam’s region 2 branch, said the second quarter was the first quarter this year to see remittances to Ho Chi Minh City increase from the preceding quarter, although the pace of recovery remained modest.
GLOBAL BEAUTY BRANDS EYE OPPORTUNITIES IN VIETNAM
Vietnam’s fast-growing beauty and personal care market is attracting thousands of international brands, with a major industry exhibition in Ho Chi Minh City bringing together more than 3,000 brands from over 24 countries and territories. The Vietbeauty, Cosmobeauté Vietnam and Beautycare Plus 2026 exhibitions officially opened in Ho Chi Minh City on Thursday, bringing together 600 exhibitors from Japan, South Korea, the United States, France, Singapore and Vietnam, among others.
HCM CITY PRIORITISES LOGISTICS INFRASTRUCTURE TO RAISE DIRECT IMPORT-EXPORT THROUGHPUT ABOVE 80%
HCM City aims to increase the proportion of imports and exports handled directly through its seaports, airports, railway terminals and inland container depots (ICDs) to more than 80 per cent during the 2026-30 period. With measures revolving around investment in integrated logistics infrastructure, multimodal transport expansion and digital transformation acceleration, the strategy is intended to reduce logistics costs, enhance competitiveness and support sustainable growth in external trade.
























