HCM City: Huge potentials to develop MICE tourism

Ho Chi Minh City, the largest economic hub in the south, has great potential to become the leading destination of Meeting Incentive Conference Event (MICE) tourism in Southeast Asia, experts said.
HCM City: Huge potentials to develop MICE tourism ảnh 1An outdoor activity in a MICE tourism. (Photo: VNA)

Ho Chi Minh City, the largest economic hub in the south, has great potential to become the leading destination of Meeting Incentive Conference Event (MICE) tourism in Southeast Asia, experts said at a conference held by the American Chamber of Commerce (AmCham) in the city on September 9.

At the event, Executive Director of AmCham Vietnam in Ho Chi Minh City Herb Cochran highlighted that tourism is billed as a key economic sector in Vietnam, underscoring that public-private partnerships will open the door for both domestic and foreign enterprises to invest in the sector, helping promote sustainable tourism development.

He added that the Amcham Vietnam enterprise community operating in tourism, aviation and payment services is seeking opportunities to invest in Vietnamese tourism and especially MICE tourism.

According to statistics from the Vietnam National Administration of Tourism (VNAT), MICE tourism brings benefits four to fivefold higher than other forms, as that variety of travellers tend to spend more than those on regular tours.

Being part of the world’s biggest industry, MICE tourism has acted as catalyst for the development of provinces and cities in Singapore, Malaysia and Thailand, making them become centres of “the meeting industry” in Asia.

In a bid to tap the potentials for MICE tourism in Ho Chi Minh City, there should be long-term strategies, said Dr. Nguyen Duc Tri from the University of Economics in Ho Chi Minh City, stressing that programmes for MICE tourism dissemination must focus on particular consumer segmentation where high-ranking customers are prioritised.-VNA

VNA

See more

ASEAN, China promote cross-border payments

ASEAN, China promote cross-border payments

In the first quarter of 2025, the value of RMB transactions between China and Malaysia reached 102 billion RMB (4 billion USD), up 27% year-on-year, while transactions with Cambodia reached 5 billion RMB (686 million USD), an increase of 45% compared to the same period in 2024.

Vietnamese Ambassador to China Pham Thanh Binh (left) and Chairman of the China Council for the Promotion of International Trade Ren Hongbin. (Photo: VNA)

Vietnam, China eye deepening trade promotion cooperation

The Vietnamese Embassy is ready to act as a bridge in facilitating cooperation between the China Council for the Promotion of International Trade (CCPIT) and Vietnamese partners, as well as in connecting enterprises from both countries, said Ambassador Pham Thanh Binh.

PM Pham Minh Chinh speaks at the meeting. (Photo: VNA)

PM calls for bold, accelerated action in railway development

Prime Minister Pham Minh Chinh has urged ministries, agencies, and localities to act with “greater speed and boldness” to carry out Vietnam’s railway projects at the second meeting of the Steering Committee for key national railway projects in Hanoi on April 26.

Vietnamese Ambassador to Cambodia Nguyen Minh Vu meets with leaders and staff of three rubber companies in Kampong Thom province, Cambodia. (Photo: VNA)

Vietnam, Cambodia deepen investment links in Kampong Thom

Vietnamese Ambassador to Cambodia Nguyen Minh Vu on April 25 paid a working visit to several subsidiaries of the Vietnam Rubber Group (VRG) in Kampong Thom province, and held discussions with provincial leaders to enhance coordination and create more favourable conditions for Vietnamese firms, thereby promoting stronger bilateral investment ties.

Can Tho leaders and Bestway Group executives perform the symbolic launch ceremony for the new project. (Photo: VNA)

Bestway International launches 300 million USD plant in Can Tho city

Once operational, the plant is projected to create over 5,000 direct jobs and generate approximately 500 million USD in annual revenue, primarily through exports. The project is expected to significantly enhance regional employment and economic growth, contributing to Can Tho’s development and the broader Mekong Delta region.

Tra fish processed for export in Dong Thap province (Photo: VNA)

World Bank forecasts Vietnam's GDP growth at 5.8% in 2025

As a trade-oriented economy, with imports and exports representing almost 170% of the GDP, Vietnam is particularly exposed to ongoing shifts in global trade policies. The US remains the largest export destination of Vietnam, accounting for 30% of its total exports, while China makes up 38% of its imports.

Vietnamese Minister of Industry and Trade (MOIT) Nguyen Hong Dien (Photo: VNA)

US calls tariff talks with Vietnam productive

US Trade Representative Jamieson L. Greer and Vietnamese Minister of Industry and Trade (MOIT) Nguyen Hong Dien agreed on the importance of making swift progress towards reciprocal and balanced trade between the US and Vietnam.

The working delegation from the Party Central Committee's Commission for Information, Education and Mass Mobilisation inspects the resettlement area for residents affected by the Ninh Thuan 1 Nuclear Power Plant project. (Photo: VNA)

Ninh Thuan asked to gain public support for nuclear power plant project

Pham Van Hau, Permanent Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Council, stated that recognising the importance of the project, the province has developed specific plans and a roadmap for its implementation. This includes focusing on effective communication efforts to gain high consensus among officials, Party members, and people.