The tourism market has recovered since mid-April when social distancing measures against COVID-19 were eased, heard a conference held in the north-central province of Thanh Hoa on May 16.
Golden Bridge, a popular destination in central Da Nang city (Photo: VNA)
Hanoi (VNA) – The tourism market has recoveredsince mid-April when social distancing measures against COVID-19 were eased,heard a conference held in the north-central province of Thanh Hoa on May 16.
The recovery was mainly thanks to the increasingdemand of local travellers, according to insiders who added that the mostsearched destinations over the past month were Ho Chi Minh City, Hanoi, DaNang, Da Lat, Phu Quoc, Nha Trang, Hue and Quy Nhon.
An increasing number of people are looking forsea and island tourism places such as Vung Tau, Phu Quoc, Nha Trang, Quy Nhonand Ha Long Bay, as well as national parks like Phong Nha-Ke Bang, Ba Vi, CucPhuong, and Son Doong cave.
Some airlines and travel companies such asBamboo Airways, Philippine Airlines, and Traveloka have launched preferentialprogrammes to lure visitors.
Hit hardest by the COVID-19 pandemic,Vietnam’s tourism sector is likely to be one of the first to recover strongly afterthe pandemic is brought under control, according to an expert from SavillsVietnam.
Mauro Gasparotti, Director of Savills HotelsAsia Pacific, said local travelers, which accounted for 82.5 percent of alltourists last year, are expected to rise in number within a short period oftime, while international visitors will return at a slower but steady rate,especially those from China and the Republic of Korea (RoK).
The number of foreign arrivals to Vietnam fell18 percent year-on-year in the first quarter of this year, while the number ofdomestic travelers was down 6 percent. Thesector’s revenue declined 11 percent compared to the same period of 2019./.
As Vietnam has been removed from the global list of potential destinations spreading COVID-19, domestic tourism is expected to witness growth after implementation of several stimulus programmes and sales promotions.
Most hotels and resorts in Vietnam would resume operations in May with attractive promotions as the country was entering its post-pandemic recovery, said Mauro Gasparotti, Director of Savills Hotels Asia Pacific.
The central province of Quang Binh plans to shift the focus of tourism from international tourists to domestic tourists while offering affordable prices to stir the tourism market.
The People's Committee of Sa Pa township in northern Lao Cai province has cooperated with the Sa Pa Tourism Association and the Fansipan Cable Car Service Co. Ltd. to kick off a tourism stimulus programme.
The Prime Minister has recently assigned the Ministry of Culture, Sports and Tourism to devise measures to develop tourism following COVID-19 pandemic.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
Golden Bridge, a popular destination in central Da Nang city (Photo: VNA) 
