Vietnamese travel agencies are actively making preparations as they anticipate both opportunities and challenges in a more competitive environment when the ASEAN Community is established.
Vietnamese travel agencies are actively making preparations as they anticipate both opportunities and challenges in a more competitive environment when the ASEAN Community is established at the end of this year.
Tourism businesses are eager for the community establishment, expecting an increase of foreign arrivals to the country, Golden Tour’s Director Peter Pham told Singapore-based Vietnam News Agency reporters on the sidelines of the International Trade Show for Asian Travel Market (ITB Asia) held in Singapore from October 21-23.
According to Pham Ha, Executive Manager of Luxury Travel, businesses will have more choices in the field of human resources as high-quality manpower from Singapore and the Philippines is likely to come to Vietnam for working.
This will bring opportunities to improve tourism service quality and enhance the national image in the region, he added.
At the same time, travel agencies from other ASEAN countries are expected to come to Vietnam, which means Vietnamese companies will face fiercer competition.
To deal with this, Golden Tour is striving to set up links with partners from the region, mainly from Singapore, Thailand, Malaysia, Laos and Cambodia, with the aims of building joint packaged tours instead of competing against each other.
Deputy Head of the Vietnam’s National Administration of Tourism (VNAT) Ngo Hoai Chung said Vietnam’s participation in the ITB Asia aims to introduce Vietnam’s products and services focusing on sea and islands, culture, Eco-tourism, and city tours.
The VNAT also held press conferences to present latest tourism development policies, including the visa exemption for several nations, improved aviation connectivity and new products and services for visitors.-VNA
A crowd of youth from travel agencies joined tourist support forces in Ho Chi Minh City at a ceremony in response to an action movement to build a friendly tourism environment in the city.
Nearly 100 businesses, travel agencies and hotels joined a promotional programme in the central city of Da Nang from this month through next March, offering a 10-60 percent discount for their service.
Hanoi will focus on fully tapping its resources to further promote local tourism with a view to making it a spearhead sector, said Chairman of the municipal People’s Committee Nguyen The Thao.
Tourism officials from Ho Chi Minh City, Lam Dong and Binh Thuan provinces have reviewed their cooperation in tapping local tourism strengths for joint development over the past two years.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
Foreign tourists in Vietnam (Source: conphungtourist.com)
