US investment firm Rosen Partners eyes tourism projects in Vietnam

US investment firm Rosen Partners eyes tourism projects in Vietnam

Managing director of US real estate development firm Rosen Partners LLC said he was excited about the potential for investment in Vietnam, particularly in tourism projects such as a world-class entertainment complex.

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

Hue-Danang tourist train to set off later this month

Hue-Danang tourist train to set off later this month

A tourist train between the central province of Thua Thien-Hue and neighboring Danang city is on track to open on March 26 in a bid to boost tourism between the two localities.

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

Thai, Malaysian PMs discuss tourism cooperation

Thai, Malaysian PMs discuss tourism cooperation

Tourism cooperation under the “Six Countries, One Destination” initiative, rising airfares and investment in the food industry were among the topics discussed at a meeting between Thai Prime Minister Srettha Thavisin and his Malaysian counterpart Anwar Ibrahim on Tuesday.

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

Visa-exemption policy anticipated to revive Thailand's tourism industry

Visa-exemption policy anticipated to revive Thailand's tourism industry

Thai officials and businesses expect that the visa exemption agreement between China and Thailand, which took effect on March 1, will boost post-Covid-19 recovery of the tourism industry - one of its key economic sectors.

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

Vietnam hosts 3.04 mln foreign arrivals in Jan-Feb, S Korea biggest source

Vietnam hosts 3.04 mln foreign arrivals in Jan-Feb, S Korea biggest source

Vietnam welcomed 3.04 million foreign arrivals in the year to February 20, up 64.1% year-on-year, the General Statistics Office reported.

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

Vietnam to pilot 6-12 month visa exemption for high-spending visitors

Vietnam to pilot 6-12 month visa exemption for high-spending visitors

Vietnam is set to expand the list of countries it grants unilateral visa exemption to; as also pilot 6-12 month exemptions for visitors from large, high-spending countries.

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

Thailand’s Centara Hotels & Resorts to launch 3 new properties in Vietnam

Thailand’s Centara Hotels & Resorts to launch 3 new properties in Vietnam

Centara Hotels & Resorts, a leading Thailand-based hotel chain under conglomerate Central Group, plans open three new “distinctive properties” in Vietnam as part of its portfolio diversification strategy.

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

Vietnam hosts 1.5 mln foreign arrivals in Jan, Korea, China biggest sources

Vietnam hosts 1.5 mln foreign arrivals in Jan, Korea, China biggest sources

Vietnam welcomed 1.51 million foreign arrivals from December 21, 2023 to January 20, 2024, up 73.6% year-on-year, the General Statistics Office (GSO) said Monday.

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

China Southern Airlines, Sichuan Airlines plot routes to Vietnam’s Quang Ninh province

China Southern Airlines, Sichuan Airlines plot routes to Vietnam’s Quang Ninh province

China Southern Airlines and Sichuan Airlines said Wednesday that they were planning to launch flights to Van Don International Airport in the northern province of Quang Ninh.

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

Banyan Group, Pegasus to develop $75 mln residence project in central Vietnam

Banyan Group, Pegasus to develop $75 mln residence project in central Vietnam

Singaporean hospitality business Banyan Group and Vietnam's Pegasus Binh Dinh Investment and Consultancy JSC have signed a royalty agreement to operate Dhawa Residences Beachfront Quy Nhon in Binh Dinh province.

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

Central Vietnam province mulls Korean firm's tourism resort plans

Central Vietnam province mulls Korean firm's tourism resort plans

Vietnam’s central province of Thua Thien-Hue aims to complete procedures to facilitate the initiation of a 282-hectare tourism resort invested by South Korean multi-sector business Daewon.

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

Top trending domestic destinations for Vietnamese travelers in 2024: Booking.com

Top trending domestic destinations for Vietnamese travelers in 2024: Booking.com

While the passion and drive for adventure is personal, to help people feel the pulse of travel in 2024, one of the world's leading online travel platforms, Booking.com, has delved into global booking trends to share the top trending domestic destinations for Vietnamese travelers this year based on booking data from the platform.

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

Hoi An among world’s cheapest holiday destinations in 2024: The Times

Hoi An among world’s cheapest holiday destinations in 2024: The Times

U.K. newspaper The Times has listed the ancient town of Hoi An in central Vietnam among the 23 most affordable destinations this year with cheap cost of living and slow pace of life.

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

Vietnam welcomes 12.6 mln foreign visitors, S Korea tops source markets

Vietnam welcomes 12.6 mln foreign visitors, S Korea tops source markets

Vietnam welcomed 1.4 million foreign visitors in December, and 12.6 million in all of 2023, up 93.9% and 240% year-on-year, respectively, the General Statistics Office reported Friday.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Premium tourism the way forward for Vietnam: official

Premium tourism the way forward for Vietnam: official

Vietnam is still in the early phase of developing strong premium tourism products, but that is the correct path for the country to meet its goal of getting into the top 30 nations for tourism, said Nguyen Anh Tuan, director of the Institute for Tourism Development Research (ITDR) under Vietnam National Administration of Tourism.

Vietnam Tourism: Developing High-end Products - Mon, Dec 22, 2021 | 11:30 am GMT+7

Cultivating success in agritourism

Cultivating success in agritourism

The distinctive appeal of agritourism lies in the combination of natural and traditional cultural values in a rural setting. To ensure effective development, there needs to be an organized “servicescape” (the physical environment in which a service process takes place for agritourism activities), RMIT lecturer of tourism and hospitality management Dr Trang Pham writes.

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

Aeroflot to resume flights to Vietnam’s HCMC from end-Jan 2024

Aeroflot to resume flights to Vietnam’s HCMC from end-Jan 2024

Aeroflot, the flag carrier and biggest airline in Russia, is set to resume regular flights between Vietnam’s Ho Chi Minh City and Russia’s Moscow from January 31, 2024.

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

Fewer Japanese firms in Vietnam expect 2023 profits

Fewer Japanese firms in Vietnam expect 2023 profits

The number of Japanese firms in Vietnam expecting to make a profit this year has fallen 5.2 percent year-on-year to 54.35%, according to a Japan External Trade Organization (JETRO) report.

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

Travel platform Klook seals $210 mln in funding

Travel platform Klook seals $210 mln in funding

Klook, Asia’s leading platform for experiences and travel services, has successfully sealed $210 million in financing to support business growth and fortify financial stability.

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

Vietnam, China should boost rail links, lift tourism to pre-pandemic level: Deputy PM

Vietnam, China should boost rail links, lift tourism to pre-pandemic level: Deputy PM

Vietnam and China should boost transport infrastructure connectivity, especially railways, and attempt to revive tourism cooperation to pre-Covid levels, said Deputy Prime Minister Tran Luu Quang.

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

Travel+Leisure lists Hue among Asia’s 'unforgettable' destinations to visit in 2024

Travel+Leisure lists Hue among Asia’s 'unforgettable' destinations to visit in 2024

U.S. magazine Travel+Leisure has included the former imperial town of Hue in central Vietnam, famous for its royal tombs, in its list of 14 "unforgettable destinations" in 2024.

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

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

French President Macron to visit Vietnam in late 2024 or early 2025: ambassador

French President Macron to visit Vietnam in late 2024 or early 2025: ambassador

French President Emmanuel Macron is set to visit Vietnam in late 2024 or early 2025, French Ambassador to Vietnam Olivier Brochet said Monday.

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

Hotel giant Marriott signs deals to open 3 new resorts in Vietnam

Hotel giant Marriott signs deals to open 3 new resorts in Vietnam

Marriott International, Inc. has signed agreements to open three new resorts in Vietnam in a move to expand its luxury portfolio, the U.S. hotel operator said on Thursday.

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

Marriott to open 20 new hotels, resorts as Vietnam tourism rebounds

Marriott to open 20 new hotels, resorts as Vietnam tourism rebounds

Marriott International Inc. plans to open 20 new luxury hotels and resorts in Vietnam’s top tourist destinations like Hanoi, Ho Chi Minh City, Da Nang and Phu Quoc Island as the nation’s tourism industry recovers.

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

Vietnam tourism village named among best in the world

Vietnam tourism village named among best in the world

Tan Hoa in the central province of Quang Binh, home to the world’s largest cave Son Doong, has been named among the Best Tourism Villages 2023 by the World Tourism Organization (UNWTO).

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

From mechanic in Germany to Saigon River tour operator

From mechanic in Germany to Saigon River tour operator

An Son Lam, director of Indochina Junk Ltd, shared with The Investor his journey to becoming the owner of two boats on the Saigon River and the direction he is heading in next.

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

Hanoi among world’s 100 best tourist cities

Hanoi among world’s 100 best tourist cities

Hanoi ranks 96th in a global listing of 100 best tourist cities in the world and is the only Vietnamese city on the list, according to Canada-based Resonance Consultancy.

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

Major developer Vinaconex withdraws from $451 mln tourism project in northern Vietnam

Major developer Vinaconex withdraws from $451 mln tourism project in northern Vietnam

Vinconex has withdrawn from the VND11 trillion ($451.3 million) Cat Ba Amatina tourism project in Hai Phong city, which has its subsidiary Vinaconex ITC as the main investor.

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

UNESCO heritage site Ha Long Bay featured in Hollywood movie

UNESCO heritage site Ha Long Bay featured in Hollywood movie

Limestone karst mountains in world heritage site Ha Long Bay has appeared in a trailer for the upcoming Hollywood blockbuster ‘The Creator,’ affirming the prestige of Vietnam’s tourism on global map.

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

Vietnam among world’s 40 busiest summer destinations

Vietnam among world’s 40 busiest summer destinations

Vietnam ranked 19th in a list of 40 most visited travel destinations this summer based on an analysis of flight bookings by Spain-based leading travel data & analytics company ForwardKeys.

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

Ha Long Bay-Cat Ba Archipelago recognized as first inter-provincial world heritage site

Ha Long Bay-Cat Ba Archipelago recognized as first inter-provincial world heritage site

The UNESCO has added Ha Long Bay-Cat Ba Archipelago in northern Vietnam to the World Heritage List, making it the first inter-provincial UNESCO-listed world heritage site in Vietnam.

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

Qatar’s JTA looks at multi-sector northern Vietnam investments

Qatar’s JTA looks at multi-sector northern Vietnam investments

Qatar’s JTA International Holding plans multi-sector investments in the northern province of Quang Ninh, particularly in tourism, renewable energy, and hi-tech industry.

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

IFC proposes $150 mln investments in 2 Vietnam realty firms’ bonds

IFC proposes $150 mln investments in 2 Vietnam realty firms’ bonds

IFC, the World Bank Group’s private-sector investment arm, is mulling over pouring $150 million into two Vietnamese real estate companies via sustainability-linked bonds (SLBs).

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

Vietnam needs to brace for sustainable tourism, new tech trends: travel platform Traveloka

Vietnam needs to brace for sustainable tourism, new tech trends: travel platform Traveloka

Caesar Indra, president of Traveloka, a leading travel platform in Southeast Asia, shares with The Investor the significance of Vietnam’s ability to boost sustainable tourism and provide end-to-end technology solutions for a new age of travel as technology open doors to modern-day travel aspirations.

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