Ms. Nguyen Thi le speaks at the conference (Photo: SGGP) Ms. Phuong Hoang made the statement at a meeting with tourism businesses in the city chaired by Chairwoman of the People's Council of Ho Chi Minh City Nguyen Thi Le. In addition to the plan to develop tourism products, many businesses also gave ideas to get preferential loans, reduce electricity bills and reduce value-added tax. According to Ms. Dang Thi Thy Thanh, Deputy General Director of BenThanh Tourist, businesses fall into difficult situations in terms of cash flow and loans. The tourism industry’s profit margin is very small but some partners want to receive money soon after selling following tours, making it difficult for businesses to arrange cash flow; as a result, tourism businesses raised their concerns about difficulties in getting loans and loans' high interest rates. In addition, tourism companies have bumped into difficulties related to input costs, recruitment of personnel, and operating costs. … [Read more...] about HCMC needs to develop night economy products to retain international visitors