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
Average hotel occupancy rate in Ho Chi Minh City reached 74 percent in the first quarter, increasing by 6 percentage points from the same period last year.
The Mekong Delta province of Tien Giang has received positive investment signs since the start of this year, said Deputy Director of the provincial Planning and Investment Department Nguyen Dinh Thong.
Four- and five-star hotels in Ho Chi Minh City have seen a slight decline in room rates although the rising number of tourists has resulted in an increase in occupancy rates at high-end hotels.
Investment has been poured strongly into property in the north-eastern border province of Quang Ninh, seeing the engagement of major property groups, BIM group, VinGroup, Sun Group and FLC, as a few to name.
The central province of Thua Thien-Hue has attracted 11 more projects with total registered capital of over 2.18 trillion VND (96 million USD) during the first ten months of this year.
The occupancy rate at active industrial parks (IPs) nationwide in January-July was about 73 percent, according to the Management Department of Economic Zones under the Ministry of Planning and Investment.
Vietnam is a leading information technology (IT) services destination in Asia, heard a press conference in Ho Chi Minh City on August 8 on the upcoming IT service export conference 2017.
The competition in the upscale hotel market will start to heat up, especially in the five-star segment, according to the 2017 Vietnam Hotel Survey released on July 11.
The occupancy rate in operational industrial parks (IPs) across the country has reached 73 percent, according to the Economic Zone Management Department under the Ministry of Planning and Investment.
Thua Thien-Hue has attracted 140 investment projects with total registered capital of 64.3 trillion VND (2.8 billion USD), including 35 foreign direct investment projects valued at more than 1.7 billion USD.
As many as 246 projects worth 5.19 billion USD invested by Japanese firms are operating in the southern province of Binh Duong, accounting for nearly 20 percent of foreign direct investment (FDI) poured into the locality so far.
More than 70,000 tourists, including 31,500 foreigners, visited relic sites in the Hue Imperial City during the Tet (Lunar New Year) festival, which lasted from January 26 to February 1.
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