Vietnamplus

Travel companies in Cambodia’s Siem Reap province have changed their operations to target more domestic tourists.

Indonesia recorded 160,280 foreign tourist arrivals in June, down 2.06 percent from the previous month and representing a drop of 88.82 percent as compared to the same month last year, according to the Central Statistics Agency (BPS).

Land for lease at industrial parks (IPs) in the south of Vietnam is becoming increasingly scarce, according to data from real estate consultants Jones Lang LaSalle (JLL) on the supply of industrial land in southern IPs during the second quarter of this year.

Statistics Indonesia (BPS) announced on July 1 that Indonesia had welcomed only 163,646 foreign tourist arrivals in May, a drop of 86.9 percent year-on-year, due to the impact of COVID-19 pandemic.

While the current solutions mainly focus on pandemic-hit workers and people, businesses have not received support apart from loans.

Vietnam needs to focus on developing the infrastructure system of industrial zones (IZs) to draw clean and quality foreign direct investment (FDI) in the context of the global production shift, heard a conference on June 19 in Hanoi.

Industrial zones (IZs) and economic zones (EZs) attracted 390 foreign-invested projects with a total registered capital of 4.3 billion USD in the first five months of this year, according to the latest updates of the Ministry of Planning and Investment.

Air transport operators of Indonesia recently estimated that the COVID-19 pandemic’s influence on the aviation industry may linger on, even until 2022.

Many industrial zone enterprises have taken precaution when giving business plans for 2020 as concerns about foreign direct investment promotion will slow down due to the impacts of the COVID-19 pandemic.

The development of industrial zones (IZs) needs a comprehensive plan to capture the transition of the foreign direct investment (FDI) inflow spurred by trade wars and the COVID-19 pandemic in which Vietnam has significant opportunities to become the next global factory.

Thanks to timely stimulus measures following a restart in tourism activities in May, the number of tourists to Quang Ninh increased rapidly, reaching over 170,000.

More than 170,000 tourists visited Quang Ninh between May 1 and 24 as a result of promotional programmes the northern coastal province has launched following the resumption of tourism activities this month after social distancing measures to tackle COVID-19 were eased, according to the local Tourism Department.

The northern province of Ha Nam has become an attractive destination for domestic and foreign investors thanks to the locality’s transparent investment policies and mechanisms.

The number of foreign tourists visiting Indonesia sharply fell by 64.11 percent year on year to 470,898 in March, as the coronavirus disease (COVID-19) pandemic has hindered holidaymakers from traveling, the Indonesian National Agency of Statistics (BPS) announced on May 4.

Air and coach services were allowed to resume in the southern province of Ba Ria – Vung Tau and its Con Dao Island, starting from 0:00 am on April 24, according to the provincial People’s Committee.

The Hanoi Transport Service Corporation (Transerco) resumed operations of 104 bus routes on April 23 after the capital city began easing social distancing.

Coronavirus has already taken a toll on Vietnam’s tourism, with people cancelling holidays and events getting pushed back. Many hotels have been forced to shut down due to low occupancy rate and attractions have halted tourism activities for fears of spread of the deadly virus.

Vietnam's Tourism Advisory Board (TAB) has proposed to half value added tax (VAT) for the tourism sector from 10 percent to 5 percent to help businesses deal with the acute respiratory disease caused by the novel coronavirus SARS-CoV-2 (COVID-19) outbreak.

Indonesia’s hotel occupancy rate has dropped significantly since the outbreak of the acute respiratory disease caused by the novel coronavirus SARS-CoV-2 in China in early January, according to the Indonesian Hotel and Restaurant Association (PHRI).

As Vietnam has been removed from the global list of potential destinations spreading COVID-19, domestic tourism is expected to witness growth after implementation of several stimulus programmes and sales promotions.