Vietnamplus

Locals being granted permission to gamble at domestic casinos has given Vietnam’s growing hospitality industry an added boost, according to JLL experts.

Hospitality and hotel investment in Asia Pacific for the first half of 2017 hit 2.9 billion USD, with investors zoomed in on key gateway cities in Vietnam like Danang-Hoi An and Nha Trang-Cam Ranh.

Ho Chi Minh City is ranked second among 10 cities that are ideal for solo travel by the US-based online marketplace and hospitality service Airbnb.

Thailand has been visited by 12 million foreign tourists in the first four months of this year, generating more than 800 billion THB.

The tourism and hospitality sectors are predicted to develop rapidly and attract plenty of investment, based on their strong growth in recent years, according to experts.

Route Inn Group from Japan has launched its first ever four-star hotel project – the Grandvrio Da Nang City – in the central city, marking its first appearance in Vietnam’s hospitality market, and the start of a plan to develop a chain of 50 hotels in the country.

Alternaty, a leading real estate consulting firm in Indochina, merged into Savills Vietnam, the largest property company in Vietnam, under a deal inked in Ho Chi Minh City on March 28.

The Ship for Southeast Asian and Japanese Youth Program’s 328 delegates left HCM City on November 14 after a four-day stop in the city.

A group of travel and hospitality services companies and reporters from various countries, including Russia , the UK , India and the Republic of Korea, have made a fam trip to Binh Thuan.

As many as 88 foreign direct investment (FDI) projects with a total registered capital of 2.26 billion USD have landed in the central coastal province of Thua Thien-Hue so far.

Foreign investors have showed their interest in Vietnam’s tourism sector as well as the Government’s policies to promote the sector during the Hospitality Investment Conference Vietnam 2016.

Many provisions in the 2005 Law on Tourism are outdated and impractical in the context of global integration and needed to be revised, tourism experts have said.

The domestic hospitality market has continued its strong recovery in the first half of this year, thanks to high supply and demand as well as support from positive property policies of the state, expe

Vietnam and Da Nang in particular could emerge as huge potential markets for Japanese businesses.

Nha Trang received TripAdvisor’s “Destinations on the Rise – Asia” award for its growth in ratings and international recognition it received from online travel communities.

Phu Quoc, 40 kilometres west of southern Kien Giang province, is the biggest island in Vietnam where hospitality investment has shaken up the emerging real estate sector here over the past few years.

The Imperial Group that owns and runs the five-star hotel Imperial in southern Vung Tau city has opened the Imperial International Hotel School.

Vietnam’s tourism sector should take measures to ensure its human resources are prepared for the formation of the ASEAN Community.

Fifty-five teams from Soc Trang, Tra Vinh, Bac Lieu, Ca Mau and Kien Giang provinces participated in the Long Boat Race Festival of the Khmer people in Soc Trang province from November 23 to 25.

The central province of Binh Thuan has identified sea sports and leisure as pillars in the development strategy of its hospitality industry through 2020 with a vision to 2030.