Vietnam tourism agency

Since the amended Housing Law took effect on July 1, 2015, 549 certificates for land-use rights and ownership of houses and other properties built on land (red book) have been granted to foreign institutions and individuals. According to Huynh Tan Vinh, CEO of Furama Resort, many other countries allow foreigners to buy tourism properties, which is one solution to attract investment in the business field. … [Read more...] about Vietnam considers allowing foreigners to buy tourism property

Phnom Penh (VNA) – Hotels and international flights forced to close due to the COVID-19 pandemic in Cambodia are expected to reopen this month. Clais Chenda, President of Cambodia Hotel Association, said that some hotel owners confirm they will resume operations shortly and international flights are expected to commence from mid-June, as the local disease situation is seemingly calm. So far, around 170 companies in the tourism sector in Cambodia have also been closed temporarily, leaving a 16,891 people unemployed, according to Prime Minister Hun Sen. To help the sector, the government has launched four measures, extending for another two months a tax exemption from June to July for hotels, guesthouses, restaurants and tour operators. It also provided an exemption for tourism licence fees for 2021 and said they were not required to pay into the National Social Security Fund during the crisis./. … [Read more...] about Cambodia’s hotels to reopen shortly

Phnom Penh (VNA) – Cambodia collected 8,42 billion riel (about 2 billion USD) in national revenue in the first four months of 2020, up 10 percent against the same period last year. Local media on June 5 quoted the Cambodian Ministry of Economy and Finance, saying that of the aforementioned budget revenue, tax revenue reached about 7.1 billion riel (about 1.7 billion USD). The country spent 7,2 billion riel (about 1.7 billion USD) in the period, a year-on-year increase of 31 percent, the ministry said. Earlier, in March, to alleviate the shock caused by the COVID-19 pandemic to the national economy, the Cambodian government announced a reserve budget worth 2 billion USD to help the country's economic pillars, as well as support those working in the textiles and tourism sectors, who lost their jobs. However, the International Monetary Fund (IMF) has forecasted that Cambodia's gross domestic product (GDP) will experience negative growth of 1.7 percent in 2020./. … [Read more...] about Cambodia’s budget revenue reaches 2 billion USD in four months

Phnom Penh (VNA) – Cambodian hotels will resume operations shortly while international flights are expected to commence from mid-June since the COVID-19 crisis has been eased, according to Clais Chenda, president of the  Cambodian Hotel Association. She said her association discussed with members and they confirmed that they will reopen their hotels shortly, adding that the hotel industry in Cambodia mainly depends on international tourists. According to the International Civil Aviation Organization (ICAO), the international airports around the world will resume operations from mid-June after closure for many weeks due to COVID-19. Cambodian Prime Minister Hun Sen recently revealed that close to 169 companies in the country’s tourism sector had been closed temporarily, leaving 16,891 people unemployed. To support the industry, the government has put forth solutions, including the extension for another two months of tax exemption from June to July for hotels, … [Read more...] about Cambodian hotels to gradually reopen after COVID-19

As such, Intercontinental Hanoi Hotel offers up to 80 per cent off room rates while Intercontinental Nha Trang presents a 3-day-2-night promotion to travellers with a price of VND2.6 million ($110) per room. Marriott Phu Quoc, in addition to a discount on room rates of 68 per cent, also offers guests a complimentary breakfast. … [Read more...] about Staycation trend embraces local beauties