Vietnam’s tourism industry achieved high growth in the past five years. The number of international arrivals continued to rise in January this year. However, the Covid-19 outbreak has paralyzed tourism activities worldwide, including in Vietnam. … [Read more...] about Vietnam to study health standard validation before reopening to foreign tourists
Pwc health industries advisory
While COVID-19 has seriously impacted IZs and manufacturers alike, occupancy rates in the first quarter of 2020 were still above 72 per cent. During the period, a series of new investors including Luxshare-ICT, Goertek, and Hanwha Aero Engines moved to Vietnam while others like Foxconn, Sharp, TCL, Nintendo, Pegatron, and Lenovo are considering similar moves. … [Read more...] about Developers dine on industrial land
HCM City (VNS/VNA) - “Safe haven tourism” is one way for Vietnam to maximise tourism revenues while minimising risks posed by COVID-19 pandemic, according to investment fund VinaCapital. Don Lam, its co-founder and CEO, said the tourism industry contributed 10-15 percent to the country’s economy and employed 1.3 million people, but had come to a standstill like elsewhere in the globe due to COVID-19. “We estimate that tourist arrivals to Vietnam could fall by at least 60 percent in 2020 after falling nearly 40 percent in the first four months of this year.” It would probably take two years for the global tourism industry to recover. One idea to reboot the industry was “safe haven tourism” by creating confidence in both visitors and destinations that health and safety issues were fully addressed. “We encourage a low-risk/high-return strategy be applied where Vietnam specifically targets higher spending tourists from countries with low … [Read more...] about “Safe haven” status could revive tourism industry
There is probably pent-up demand from honeymooners in these countries who have not been able to travel, and Vietnam could even offer visitors the ability to hold destination weddings – given that group gatherings of over 30 people are generally prohibited in most geographies in the world now. … [Read more...] about “Safe haven” status could revive Vietnam’s tourism industry
Resorts participating in this programme would need to be large, integrated properties with compelling attractions such as nice beaches and/or gaming facilities. This could even lead to the Government declaring entire islands (such as Phú Quốc or Côn Đảo) “safe haven tourism zones”. … [Read more...] about How to revive Việt Nam’s tourism industry?