According to the General Statistical Office, the number of foreign visitors to Vietnam in 2022 only reached 3.66 million, a decrease of 79.7 per cent compared to 2019's peak. This poses the pressing dilemma of how to promote tourism further to attract foreign tourists. The following are expert comments from the roundtable entitled Seeking a Boost for Inbound Tourism, hosted by VIR in Hanoi on March 22. Ha Van Sieu, deputy director general of the Vietnam National Administration of Tourism Vietnam is a stunning tourist destination, but there are still many limitations that need to be improved. We are proud that we have achieved so much and are on the way to transformation and perfection. There will be a resolution made at the National Assembly in May offering a series of both short- and long-term solutions. The current tourism development strategy for this decade, and the upcoming tourism system planning up to 2030, clearly describe the viewpoints, orientations, … [Read more...] about Expert opinions on prospects of luring more foreign visitors to Vietnam
What category attracts 30 of the tv audience according to some experts
Visa-free stay for foreign tourists in Phu Quoc is 30 days
Phu Quoc Island is an ideal choice for travel and relaxation, with a visa-free policy for international visitors, allowing foreigners to stay up to 30 days without a visa, rich nature and stunning architecture. Favorable visa policy Phu Quoc is currently the destination in Vietnam that enjoys the most favorable visa policy. According to current legal regulations, from July 1, 2020, foreign passport holders traveling to Phu Quoc Island will be entitled to a visa-free stay period of no more than 30 days. Foreigners entering Vietnam through any international border gate of Vietnam and then moving to Phu Quoc Island are exempted from visa requirements following this regulation. Phu Quoc is famous for its beautiful and dreamlike beaches. Phu Quoc is entitled to this visa policy because it is the only island that meets four conditions for visa exemption for foreigners under Vietnamese law. It has an international airport, is an independent space, has … [Read more...] about Visa-free stay for foreign tourists in Phu Quoc is 30 days
Foreign experts urge Vietnam to relax visa policies, improve tourism services
Martin Koerner, chairman of EuroCham Vietnam's Tourism and Hospitality Sector Committee, told at a tourism conference Wednesday that Vietnam's visa policy remains complicated and restrictive compared to regional neighbors such as Thailand and Singapore. Thailand already extended its tourist visas to a maximum stay of 45 days for over 50 countries while Vietnam currently exempts only citizens of 25 countries from requiring visas with maximum stays of 15 days. EuroCham has proposed the government expand visa exemptions for more countries, including all European countries, the United States, Australia and New Zealand and prolong the duration of visa-free stays to 30 days. "However, we have seen slow progress in achieving this," Koerner said. "The country needs to implement a tourism development strategy quickly to compete with its regional competitors." Nuno F. Ribeiro, a Portuguese lecturer in hospitality and tourism at RMIT University, also proposed Vietnam waive visas for more … [Read more...] about Foreign experts urge Vietnam to relax visa policies, improve tourism services
Vietnam attracting Japanese investments to new areas
Vietnam is striving to lure more Japanese investments to digital transformation and green growth, as recommended in the Vietnam-Japan Joint Initiative (VJI). Illustrative image (Source: VNA) Phase VIII of the initiative, launched in 2003, concluded in March 2023, under which 497 out of the 597 items were completed. To promote its role, the Vietnamese Ministry of Planning and Investment proposed building a cooperation programme between small- and medium-sized enterprises (SMEs) of the two countries, focusing on digital transformation, support industry and personnel training. Japanese SMEs have capacity, experience and high tech, and Vietnamese firms have abundant human resources, which is reciprocal during their development cooperation. The ministry suggested the Japanese side take more specific solutions and supplement workforce to further support Vietnamese enterprises in improving their capacity and competitiveness, and participating intensively in … [Read more...] about Vietnam attracting Japanese investments to new areas
2023 Ho Chi Minh City TV cycling race will span 3,000km
The 35th Ho Chi Minh Television Cycling Tournament, or the HTV Cup, will kick off in early April, featuring 25 stages and covering 2,964 kilometers, according to a press briefing to introduce the cycle race on Monday. This year’s edition, titled 'Land, Rivers, and Mountains Create a Strip – Hope for Victory' is one of Vietnam’s largest cycling tourneys. The race is set to bring together the country’s strongest teams, including Ho Chi Minh-Vinama, Loc Troi Group, Dong Thap Domesco Pharmaceuticals, Military Zone 7, Hanoi, Kenda Dong Nai, and Binh Minh Binh Duong Plastics. The race will start at Hoan Kiem Lake in Hanoi on April 2, stretch to the Mekong Delta province of An Giang, and finish in Ho Chi Minh City on April 30. Among these stages, the fourth is set to span 197.4 kilometers from Vinh City in the north-central province of Nghe An to Dong Hoi City in the north-central province of Quang Binh, making it the longest stage of the tourney. The stages across Gia Lai and Dak … [Read more...] about 2023 Ho Chi Minh City TV cycling race will span 3,000km
Digital banks attract significant numbers of customers
A customer uses VIB’s app. After only six months launching MyVIB 2.0 digital banking application, VIB has doubled the number of customers compared to the previous year. (Photo: thoibaonganhang.vn) Hanoi (VNS/VNA) - The number of new customers of commercial banks has increased dramatically in recent years thanks to their digital applications. After only six months of launching MyVIB 2.0 digital banking application – which uses multi-cloud computing technology to process 60-70% of the input data to help banks realise ideas, bring products and services to the market faster and respond sooner to customer requests, VIB has doubled the number of customers compared to the previous year and reach the target of 4 million customers nearly a year earlier than expected. Not only VIB, the wave of “cloudisation” of digital banking applications to expand modes and storage capacity, and increase integrated processing and user data security capacity has been invested in and implemented … [Read more...] about Digital banks attract significant numbers of customers
Experts call for institutional and policy reforms to unlock Viet Nam’s digital future
VPBank provides QR codes for its services. — VNA/VNS Photo Tran Viet For Viet Nam to fully tap into the digital future, experts say institutions and policies must be reformed to reflect Government commitments. Phung Anh Tuan, executive vice chairman and secretary general at Viet Nam Association of Financial Investors (VAFI), passed the remarks at the Fintech Revolution Summit in Ha Noi on Monday. The summit is taking place on Monday and Tuesday in Ha Noi and is attended by BFSI experts, fintech leaders, ministry and central bank authorities, investors and corporates across Viet Nam. The Vietnamese Government is advocating the development of a digital economy and promoting industrial revolution 4.0, said Tuan. Many directives have been on promoting non-cash and electronic payments, including Resolution 02, dated January 1, 2019, and Decision 1813, dated October 28, 2021. The policy and law-making process should reflect the Government's commitments, noted Tuan. The VAFI … [Read more...] about Experts call for institutional and policy reforms to unlock Viet Nam’s digital future
Experts call for institutional, policy reforms to unlock Vietnam’s digital future
VPBank provides QR codes for its services. (Photo: VNA) Hanoi (VNS/VNA) - For Vietnam to fully tap into the digital future, experts say institutions and policies must be reformed to reflect Government commitments. Phung Anh Tuan, executive vice chairman and secretary general at Vietnam Association of Financial Investors (VAFI), passed the remarks at the Fintech Revolution Summit in Hanoi on March 27. The two-day summit is attended by BFSI experts, fintech leaders, ministry and central bank authorities, investors and corporates across Vietnam. The Vietnamese Government is advocating the development of a digital economy and promoting industrial revolution 4.0, said Tuan. Many directives have been on promoting non-cash and electronic payments, including Resolution 02, dated January 1, 2019, and Decision 1813, dated October 28, 2021. The policy and law-making process should reflect the Government's commitments, noted Tuan. The VAFI representative expects some … [Read more...] about Experts call for institutional, policy reforms to unlock Vietnam’s digital future
Visa exemption means international tourists can visit Phu Quoc for up to 30 days
Phu Quoc is currently the only destination in Vietnam with this unique visa policy. According to current legal regulations, from July 2020, foreigners and Vietnamese holding foreign passports entering, exiting, and residing in Phu Quoc Island are exempt from visas for a temporary stay of no more than 30 days. Foreigners can enter an international border gate (including air and sea), stay in the transit area at that border gate, and then transfer to Phu Quoc Island to be exempt from visas following this regulation. Phu Quoc is famous for its beautiful and dreamlike beaches Phu Quoc has this visa policy because it is the only island that meets the conditions of visa exemption for foreigners under Vietnamese law. It has an international airport, definite geographical boundaries, is separate from the mainland, supports the nation's socioeconomic development policy, and does not jeopardise national defence, security, social order, or safety. As an isolated island located … [Read more...] about Visa exemption means international tourists can visit Phu Quoc for up to 30 days
Attracting more visitors to Vietnam
Martin Koerner - Head, Tourism Working Group Vietnam Business Forum To recover from this crisis and boost its tourism potential, Vietnam needs to implement some policy changes and improve its service quality. There are three key recommendations. First is to improve the visa policy. One of the barriers for foreign tourists to visiting Vietnam is its complicated and restrictive visa policy. Currently, only 24 countries are eligible for visa exemption for up to 15 days, while others have to apply for an e-visa or a visa on arrival. The visa exemption period is too short for many visitors who want to explore the country’s diverse attractions, while the e-visa and visa on arrival processes can be time-consuming and inconvenient. To make it easier and more attractive for visitors, Vietnam should extend the visa exemption period to 30 days, increase the list of visa exempt countries to all of Europe, Australia, New Zealand, the US, and Canada, increase the number of countries for … [Read more...] about Attracting more visitors to Vietnam