The NextTech Group on Thursday signed a comprehensive co-operation agreement with 12Trip.vn - an online travel portal with a large database in Viet Nam, which provides nearly two million hotel rooms worldwide and airline tickets from over 600 domestic and international airlines.

Under the agreement, users will be able to easily search for cheap flights to global destinations, hold tickets, prices and flight codes until the end of the payment session. 12Trip.vn also provides cancellation or online check-in services for free.

With nearly two millions hotels associated with Booking.com, 12Trip.vn’s database offers a variety of choices with lower costs and 24-hour service by Vietnamese support staff. Customers’ card information is protected as it won’t be shared with hotels and airlines. 12Trip.vn’s modern payment technology is provided by online payment portal NganLuong.vn.

In addition to accepting cash payments at over 7,000 convenience stores across the country, 12Trip.vn is the first Vietnamese travel agency allowing customers, who are holders of the 18 credit bank card, to book hotels or make payments and buy flight tickets, and pay later with a zero per cent interest installment plan for 12 months.

Tourism is an attractive market in the country, with an annual growth rate of 30 per cent, and is estimated to grow even more. However, in Viet Nam, this market is still fragmented and does not have a business occupying over 10 per cent of the online market, while demand for online services among young customers is high. — VNS