“Tourism service quality in Việt Nam had improved in recent years, but it has not yet attained its potential. A series of barriers remain, including traffic, food safety and slow digital transformation, while joint actions among agencies, local authorities, the private sector and State-owned industries in boosting tourism are yet to see rapid change,” Đam said. … [Read more...] about Domestic market to help tourism sector in post-COVID-19-period
Hcm city yunnan ties
According to Minister of Culture, Sports and Tourism Nguyen Ngoc Thien, since the beginning of the year, the novel coronavirus (COVID-19) pandemic has directly affected the Vietnamese tourism industry, along with the global tourism sector. The industry has therefore suffered significant losses which has led to a decline in related fields. Furthermore, tourism growth has had a positive impact on many sectors and various aspects of social life, thereby creating plenty of jobs and serving as a means of improving income, and ensuring social security for citizens. This therefore serves to contribute to promoting friendship ties, preserving cultural values, boosting environmental protection, and aiding economic restructuring. Despite these benefits, tourism also represents an industry that is vulnerable to the various impacts and damages caused by natural disasters and epidemics, the Minister said. This year’s conference is being held for the purpose of assessing the current climate … [Read more...] about National Tourism Conference seeks solutions to save tourism industry
Demand stimulus in the current state of the Vietnamese economy in the short term should come with a pro-consumption policy - PHOTO: THANH HOA Private sector consumption is a major growth driver of the Vietnamese economy. It is all the more important as the Covid-19 pandemic has sent global demand plummeting and countries worldwide imposing travel restrictions. In an economy with a large population, low income, and a high rate of savings like Vietnam, which policy shall be adopted to stimulate demand in a sensible way? … [Read more...] about Demand stimulus: where to begin?