Want to be in the loop?
subscribe to
our notification
Business News
VIETNAM’S NEW E-VISA POLICY DRAWS ATTENTION OF FOREIGN TOURISTS
The policy of renewing the e-visa with its duration to 90 days for tourists coming to Vietnam is gradually approaching its effective date of August 15, 2023, attracting the attention of the tourism industry both at home and abroad.
According to the online travel platform Agoda, the number of searches about this new policy increased by 33 per cent within two weeks after its approval by the Vietnamese National Assembly.
Among them, the highest increase in the number of accommodation searches came from tourists from France, with a 72 per cent hike compared to the two weeks earlier. Other countries such as the Netherlands, New Zealand, Germany, and the US also recorded a rise in interest in travelling to Vietnam, ranging from 38 per cent -45 per cent.
According to the Agoda, their data analysis focuses on long-haul travelers from North America, the EU, Australia, New Zealand, etc., who face stricter visa policies compared to entry into other Southeast Asian countries and the wider Asia-Pacific region. They often have to take more expensive and longer round-trip flights, making them inclined to plan for longer vacations compared to visitors from nearby regions. Therefore, the increased flexibility and ease of the visa issuance process, along with promotional efforts and more flight services, have contributed to realising the goal of attracting more foreign tourists to Vietnam.
The survey data also indicated positive signs towards achieving Vietnam's target of attracting 8 million foreign visitors by the end of this year. Since the beginning of this year, Vietnam has welcomed about 5.57 million foreign tourists.
Following the visa policy change, India rose from the 8th place to become the second largest international market for hotel bookings in Vietnam, only behind the Republic of Korea.
Director of the Ho Chi Minh City Tourism Department Nguyen Thi Anh Hoa said the department will partner with relevant departments and agencies to jointly fine-tune the MICE (Meetings, Incentives, Conferences and Exhibitions) tourism development policies in the city.
In the first half of this year, foreign tourist arrivals in the city surpassed 1.9 million, up 306 per cent annually and equivalent to 38.8 per cent of the 2023 plan. Meanwhile, the number of domestic visitors exceeded 16.4 million, up 48 per cent year-on-year and reaching 46.9 per cent of the yearly plan.
Source: VIR
Related News
VIETNAM EXPANDS INLAND CONTAINER DEPOT NETWORK TO 19
The two newly added ICDs are Cai Mep in HCMC and Tan Cang-Moc Bai (phase one) in Tay Ninh Province. Cai Mep ICD, located in Cai Mep Industrial Park in Tan Phuoc Ward, HCMC and developed by Cai Mep International Logistics JSC, covers 9.15 hectares and has an annual handling capacity of about 133,000 TEUs, according to the Government news site (baochinhphu.vn).
HCMC CREDIT UP 1.5% IN Q1
Outstanding loans in the city reached an estimated VND5.28 quadrillion, up 0.77% from the previous month and 16.25% year-on-year, data from the State Bank of Vietnam’s Regional Branch 2 showed. Vietnam dong loans accounted for 96.1% of total credit and rose 1.46% from the end of 2025. Medium- and long-term lending made up 55% of total outstanding loans and increased 3.22%.
HCMC TO ESTABLISH CULTURAL INDUSTRY DEVELOPMENT FUND
The HCMC People’s Committee has tasked relevant departments with establishing a cultural industry development fund and developing a 150-hectare film studio complex. The move follows an instruction by HCMC Party Committee Secretary Tran Luu Quang. The city’s cultural industry development fund will be structured under a venture capital model.
EMPLOYEES’ AVERAGE INCOME INCREASES
Average monthly income of workers in the first quarter reached VND9 million, up 3.8% from the previous quarter and 8.5% from a year earlier, according to the National Statistics Office. Male workers earned an average of VND10.1 million per month, compared with VND7.7 million for female workers. In urban areas, average income reached VND10.7 million per month, while in rural areas it was VND7.9 million.
HCMC KICKS OFF OVER 10 PROJECTS DURING APRIL
Work will start on major projects in transportation, urban development and logistics sectors in HCMC this month, coinciding with Vietnam’s Reunification Day, April 30. They include the N3 ramp at the An Phu interchange with an investment of VND3.4 trillion and the 1.69-hectare Tan Chanh Hiep Park. In addition to these, seven other projects are slated to break ground within the month, including the Ho Tram – Long Thanh airport urban expressway, the Nha Rong – Khanh Hoi port area and the Ho Chi Minh Museum expansion.
VIETNAM’S Q1 FOREIGN TOURIST ARRIVALS HIT RECORD HIGH
Vietnam welcomed nearly 2.1 million international visitors in March, bringing first quarter foreign tourist arrivals to 6.76 million, up 12.4% year-on-year and marking a record high for the period, the national authority for tourism said. Air travel accounted for 82.3% of international arrivals, followed by land at 15.5% and sea at 2.2%, according to the Vietnam National Authority of Tourism.
























