A recent survey conducted by Vietnam Report JSC has unveiled an optimistic outlook, with 66.7 per cent of businesses in the tourism and hotel industry expressing confidence in more favourable prospects this year.
After the COVID-19 pandemic, tourism has been changing significantly from the Government''s policies, and transformation of Vietnamese businesses to the opening of new tourist destinations.
Experts forecast a positive outlook for travel stocks after two years being battered by the COVID-19 pandemic. However, Vietnamese tourism businesses still have to face many difficulties and challenges.
The global hotel and resort sector is recovering well from the COVID-19 pandemic with improvements on occupancy and room rates, and Việt Nam is no exception, Mauro Gasparotti, director of Savills Hotels Asia Pacific, said.
As tourism continues to revive, the hotel and tourism industry is suffering from challenges in recruiting qualified human resources post pandemic, industry players warned.
The local tourism industry has a golden opportunity to reopen for international tourists on March 15, after a two-year border closure due to the pandemic. However, it is vital that safety and efficiency are prioritised alongside making the most of...
The COVID-19 pandemic has had a severe impact on the economy, hitting tourism particularly hard, and the sector needs to accelerate digital transformation to manage the business and reach customers, experts said.
A resurgence of Covid-19 just before the Tet (Lunar New Year) holiday has hugely impacted travelling, again demonstrating its impact on the tourism industry.
Viet Nam’s current account surplus could narrow to 3.7 per cent in 2020 from 4.9 per cent last year due to the impacts of the COVID-19 pandemic, according to a report from Fitch Solutions.
After 99 days without community transmission, the pandemic returned in late July and hurt domestic tourism, making a bad situation worse for Hoa and other hotel owners.
After 99 days without any new cases of community transmission, a local infection was confirmed in Da Nang on July 25 and the virus has since spread around the country and caused 13 fatalities, greatly impacting economic activities.