Vietnam Jan-Nov retail sales up 9.6% despite inflation increase

Vietnam Jan-Nov retail sales up 9.6% despite inflation increase

Retail and service sector revenues increased 9.6% year-on-year to VND5,667 trillion ($233.72 billion) in January-November, despite the country’s consumer price index (CPI) going up 3.22%.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

International tourism in Vietnam to start full recovery next year: Savills

International tourism in Vietnam to start full recovery next year: Savills

Vietnam’s tourism market is recovering and “full recovery is expected from 2024,” says Troy Griffiths, deputy managing director of property consultancy Savills Vietnam.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

CapitaLand Ascott records H1 gross profit of $6.4 mln in Vietnam

CapitaLand Ascott records H1 gross profit of $6.4 mln in Vietnam

CapitaLand Ascott Trust, the management agency of five Somerset hotels in Vietnam, posted a gross profit of VND152.7 billion ($6.43 million) in the first half of 2023 from its Vietnam business, up 47% year-on-year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Book your wedding at Hyatt Regency Danang with chance to win a suite voucher

Book your wedding at Hyatt Regency Danang with chance to win a suite voucher

Nestled at the gateway of the vibrant city of Danang, Hyatt Regency Danang Resort and Spa is combination of luxurious accommodation, tantalizing culinary delights, and a great setting for weddings where couples can exchange vows in a picturesque beachfront ceremony.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hotels, accommodation facilities face staff shortage after pandemic

Hotels, accommodation facilities face staff shortage after pandemic

About 40-50% of workers at hotels and other accommodation establishments left their jobs in 2020-2021 due to the Covid-19 pandemic and have yet to return to work after the country reopened to international tourism in March, leading to labor shortages in the sector.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7