Latest blog articles
VN tourism sees robust growth
VietNamNet Bridge – Tourism in Viet Nam continues to be a promising source of income for the country, with growing demand for accommodation, and many new and promising projects in the pipeline for the next decade.
Foreign visitors tour Hue City by pedicab. Tourism continues to be a promising source of income for Viet Nam. – Photo: VNA/VNS
According to data from STR, the worldwide leading hospitality data centre, Viet Nam has recorded an impressive hotel performances growth for the first quarter of the year.
Asia-Pacific results were mostly positive when compared with the same period last year, with the region showing a 1.7 per cent increase in occupancy to 66.6 per cent with average daily rates (ADR) remaining nearly flat.
The RevPAR (revenue per available room) increased on average 1.5 per cent to US$69.93.
Viet Nam has led the growth with a recorded 5.6 per cent increase in occupancy to 68.7 per cent and a 4.5 per cent rise in ADR to $129.67 in the upscale segment.
The country’s ADR was the highest on record for any quarter. As a result, RevPAR grew by double digits (+10.3%) to $88.98, in the four-and five-star hotel categories.
According to the Viet Nam National Administration of Tourism (VNAT), the country welcomed 108,750 visitors from Russia during the first quarter of the year, a year-on-year increase of 13.5 per cent.
STR analysts note that with the Vietnamese Government easing visa policies, Viet Nam is now viewed as a more secure destination for Russians, compared with traditional destinations.
Mauro Gasparotti, director of Alternaty Vietnam, said that “Viet Nam is only at the beginning of a long lasting hospitality growth.”
”The country has, for years, been seen as the frontier destination for seasoned travellers looking for culture experience, but has now started to be recognised as an international holiday destination, able to offer excellent climate, food, beaches, cultures, along with all the international standard comforts that foreign travellers are looking for,” he said.
With the expansion of international airports across the country, better infrastructure, higher quality hotels and entertainment, travellers are now finding Viet Nam an excellent alternative to more mature destination such as Thailand or Malaysia, he added.
According to statistics by VNAT, more than 3.2 million foreigners have visited Viet Nam in the January-April period, up 17.8 per cent over the same period last year, with the highest number of visitors coming from China and Korea.
The number of domestic travellers last year also showed a 48 per cent increase, totalling 57 million travellers from 38.5 million in 2014.
Rudolf Hever, co-founder of Alternaty Vietnam, said emerging ‘hot’ new destinations were one of the key incentives for luring local travellers.
“New destinations such as Quang Binh and Ninh Binh have seen significant increase of travellers, who see these places as a worthy travel destination, a clear sign that the Vietnamese are keen to explore their motherland,” he added.
Domestic tourists to Son Doong cave increase
Tourism ministry seeks longer visa waiver for Europeans
Low-income earners travel by air as aviation market competes on fare
VNSRead on the original site
Mexican leader defends fuel price hike
Mexico City (AFP) - Mexican President Enrique Pena Nieto defended on Wednesday a steep increase in gasoline prices but said he understood people's "anger" against the measure, as protests entered a fourth day.Pena Nieto said the 20.1 percent increase in the cost of a liter of gasoline was necessary due to a rise in global oil prices."I understand the irritation and anger among the population in general," he said, arguing that not increasing the prices would have been more painful for the… chat_bubble_outline Read More...
EU re-imposes anti-dumping duty on Vietnam’s footwear
The European Commission (EC) has decided to re-impose a definitive anti-dumping duty and collecting definitely the provisional duty imposed on imports of certain footwear with uppers of leather originating in Vietnam. According to a recent statement, the EC announced the extension of anti-dumping measures on Vietnamese footwear with uppers of leather for 15 months. The measures expired on March 21, 2011. The Ministry of Industry and Trade said that in 2015, the EC launched an anti-dumping… chat_bubble_outline Read More...
Vietnam’s public debt growing three times faster than GDP
Vietnam's debt has been growing three times faster than GDP, according to the National Assembly's Finance and Budget Commission. Photo by VGP Vietnam’s national debt had reached more than VND2,600 trillion ($116 billion) as of the end of 2015, equal to 62.2 percent of gross domestic product (GDP), said the country's Finance and Budget Commission in a report on the country’s debts and obligations for 2016-2020. The report said Vietnam’s debt remained below the ceiling of 65 percent of GDP set… chat_bubble_outline Read More...
Costa given three-match ban
(VietReader) - Chelsea striker Diego Costa will serve a three-match suspension after being found guilty of an FA charge of violent conduct. The charge relates to an incident in Saturday's 2-0 win over Arsenal at Stamford Bridge, which was not seen by match referee Mike Dean but was the subject of a retrospective investigation. In a statement released by the club Chelsea said they were "extremely disappointed" with the decision and "would await the written reasons before commenting… chat_bubble_outline Read More...
The mountains of Hoang Su Phi and its people beckon
VietNamNet Bridge – New sedans are parked on the slope leading to Trieu Mui Mui’s house, which stands beside beautiful golden terraced paddy fields. After the harvest: Once the rice has been harvested, the monsoon comes and the fields start to glow. Photos: Truong Vi/VNS It is early in the afternoon. We’ve just finished a long, ardous climb up and down Chieu Lau Thi Mountain at 2400m above sea level, now accessible only by motorbike or on foot.The road on the mountain used to be good but… chat_bubble_outline Read More...