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Foreign investors interested in Vietnam’s tourism

Tourists visit Hue ancient citadel in Thua Thien-Hue (Photo: VNA)

HCM City (VNA) – Foreign investors have showed their interest in Vietnam’s tourism as well as the Government’s policies to promote the sector during the Hospitality Investment Conference Vietnam 2016 that opened in Ho Chi Minh City on July 12.

According to Chua Wee Phong, Executive Vice President of Circulation at Singapore Press Holdings Limited, Vietnam’s tourism sector is attractive to investors thanks to the country’s numerous natural beauty spots and stable political conditions.

Alonside this, the Government’s attractive support policies to lure investors to the sector also make the most of foreign investors be confident and willing to pour their money, he said.

Meanwhile, Ha Van Sieu, deputy head of the Vietnam National Administration of Tourism (VNAT) revealed that Vietnam is likely to welcome about 13-15 million foreign tourists in 2020, which will push the demand for hotels and accommodation up.

Vietnam is a safe, friendly and attractive destination, he said, adding that the Vietnamese Government is also rolling out a number of measures to call for investment to areas related to tourist accommodation, restaurants, resorts and night entertainment services.

The official also affirmed that the investment in night entertainment services is necessary to get tourists, especially foreign ones, to stay. Therefore, Vietnam is considering the issuance of policies for the development of these services in the future, to attract more foreign tourists, he stated.

During the two-day event, foreign investors welcomed Vietnam’s policies and efforts to boost tourism. They suggested that the Government should be more active in promoting Vietnam’s unique beauty to the world, while fostering tourism connectivity with regional countries to become more familiar to the world.

The conference is a chance for hotel owners, managers and investors to talk on Vietnam’s investment environment, how to build a trademark, contract negotiation and hotel design, as well as the attraction of investment to the building and exploitation of a golf course and hotel complex.-VNA

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