Want to be in the loop?
subscribe to
our notification
Business News
STIMULUS TO REVIVE TOURISM
As international routes have not been reopened, domestic tourism has become a key market for all inbound, outbound and domestic travel companies. Localities have simultaneously responded to the national stimulus program to attract domestic tourists.
Mr. Ngo Hoai Chung, Deputy General Director of the Vietnam National Administration of Tourism (VNAT), said, after being in lockdown because of the Covid-19 pandemic, Vietnam tourism has restarted. In order to restart tourism, the VNAT has cooperated with relevant agencies and businesses to organize various conferences to launch the domestic tourism stimulus program in response to the program initiated by the Ministry of Culture, Sports and Tourism. He said the program “Vietnamese people travel Vietnam, travel more, love the country more” introduced by the VNAT has strongly increased domestic tourists to 35 million in 2015 and 85 million in 2019. This confirms the very important role of the domestic tourism industry and the entire national economy. “Now, once again, domestic tourism has become a fulcrum for Vietnam tourism to recover,” he emphasized.
As international routes have not been reopened, domestic tourism has become a key market for all inbound, outbound and domestic travel companies. Localities have simultaneously responded to the national stimulus program to attract domestic tourists.
Mr. Ngo Hoai Chung, Deputy General Director of the Vietnam National Administration of Tourism (VNAT), said, after being in lockdown because of the Covid-19 pandemic, Vietnam tourism has restarted. In order to restart tourism, the VNAT has cooperated with relevant agencies and businesses to organize various conferences to launch the domestic tourism stimulus program in response to the program initiated by the Ministry of Culture, Sports and Tourism. He said the program “Vietnamese people travel Vietnam, travel more, love the country more” introduced by the VNAT has strongly increased domestic tourists to 35 million in 2015 and 85 million in 2019. This confirms the very important role of the domestic tourism industry and the entire national economy. “Now, once again, domestic tourism has become a fulcrum for Vietnam tourism to recover,” he emphasized.
Source: VCCI
Related News
POSITIVE ECONOMIC OUTLOOK FOR VIETNAM
Driven by strong recent economic performance, many foreign agencies have upgraded Vietnam's growth forecasts for 2024 and 2025. The National Assembly set a GDP growth target of 6.5-7% for 2025, aiming for 7-7.5%, while the Prime Minister set a more ambitious 8% growth target.
KEY SOLUTIONS TO DRIVE GREEN GROWTH
The Prime Minister has issued Directive 44/CT-TTg, dated December 9, 2024, outlining key tasks and solutions to accelerate the implementation of the National Strategy on Green Growth for the 2021-2030 period, with a vision to 2050.
EFFECTIVE RESTRUCTURING BODES WELL FOR LOCAL AIRLINES
Aviation businesses in Vietnam are expected to perform better in 2025, driven by effective restructuring. National flag carrier Vietnam Airlines is on the way to making consolidated revenues of around $4.37 billion in 2024, up from $3.88 billion in 2023.
PM ORDERS SWIFT RESOLUTION OF CHALLENGES FOR RENEWABLE ENERGY PROJECTS
Prime Minister Phạm Minh Chính has laid stress on the need to complete the resolution of obstacles for renewable projects by February 2025 to prevent wastefulness, contributing to ensuring electricity for development.
CLEAR LEGAL FRAMEWORK NEEDED TO UNLOCK DIGITAL ASSET POTENTIAL
The past decade has seen remarkable advancements in technology worldwide, particularly in digital assets such as blockchain, cryptocurrencies, asset tokenization and decentralized finance (DeFi). Once unfamiliar, digital assets have now become integral to the global financial system. Leading nations in this field not only to drive innovation but also establish a strategic edge in the global economy.
SPECIAL INVESTMENT PROCEDURE: A GAME CHANGER FOR HIGH-TECH PROJECTS IN VIET NAM
Viet Nam is poised for a regulatory shift with the upcoming implementation of a special investment procedure starting earlier next year. Starting from January 15, 2025, investors will be able to enroll for investment under special procedures as outlined in the Draft Decree detailing the Investment Law.