Foreign investors have showed their interest in Vietnam’s tourism sector as well as the Government’s policies to promote the sector during the Hospitality Investment Conference Vietnam 2016.
Tourists visit Hue ancient citadel in Thua Thien-Hue (Photo: VNA)
HCM City (VNA) ꩲ– Foreign investors have showed their interest in Vietnam’s tourism as well as the Government’s policies to promote the sector during the Hospitality Investment Conference Vietnam 2016 that opened in Ho Chi Minh City on July 12.
According to Chua Wee Phong, Executive Vice President of Circulation at Singapore Press Holdings Limited, Vietnam’s tourism sector is attractive to investors thanks to the country’s numerous natural beauty spots and stable political conditions.
Alonside this, the Government’s attractive support policies to lure investors to the sector also make the most of foreign investors be confident and willing to pour their money, he said.
Meanwhile, Ha Van Sieu, deputy head of the Vietnam National Administration of Tourism (VNAT) revealed that Vietnam is likely to welcome about 13-15 million foreign tourists in 2020, which will push the demand for hotels and accommodation up.
Vietnam is a safe, friendly and attractive destination, he said, adding that the Vietnamese Government is also rolling out a number of measures to call for investment to areas related to tourist accommodation, restaurants, resorts and night entertainment services.
The official also affirmed that the investment in night entertainment services is necessary to get tourists, especially foreign ones, to stay. Therefore, Vietnam is considering the issuance of policies for the development of these services in the future, to attract more foreign tourists, he stated.
During the two-day event, foreign investors welcomed Vietnam’s policies and efforts to boost tourism. They suggested that the Government should be more active in promoting Vietnam’s unique beauty to the world, while fostering tourism connectivity with regional countries to become more familiar to the world.
The conference is a chance for hotel owners, managers and investors to talk on Vietnam’s investment environment, how to build a trademark, contract negotiation and hotel design, as well as the attraction of investment to the building and exploitation of a golf course and hotel complex.-VNA
Visa exemption policy is one of the leading factors behind the growing number of international visitors, particularly those from Western Europe, to Vietnam this year.
A workshop to seek ways to develop tourism in the Mekong Delta region was held in Hau Giang province on July 11, as part of the Mekong Delta Economic Cooperation Forum.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.