Vietnamplus

Many tourism-related firms that have borrowed from banks are facing foreclosure due to the latest outbreak of COVID-19 infections.

Most hotels and resorts in Vietnam would resume operations in May with attractive promotions as the country was entering its post-pandemic recovery, said Mauro Gasparotti, Director of Savills Hotels Asia Pacific.

Hit hardest by the COVID-19 pandemic, Vietnam’s tourism sector is likely to be one of the first to recover strongly after the pandemic is brought under control, according to an expert from Savills Vietnam.

The hospitality market in Vietnam, which has been an attractive sector for investors over the past few years thanks to its consistent growth, is expected to continue to expand this year, partly due to global trends, according to Savills Hotels Asia Pacific.

Human resources development will help improve the competiveness of lodging providers in Vietnam amid the rapid expansion of the country’s tourism industry, according to hospitality experts