The strong recovery of tourism has helped businesses in the industry prosper. However, risks such as economic recession, high interest rates and interest expenses still affect corporate profits.

Vietnam’s GDP growth is likely to expand by 5% in the second quarter, and 4% in 2023 before reaching 6% in 2024, Singapore-based Maybank Research Pte Ltd said in a report released on June 27.

VOV.VN - Despite a number challenges hampering growth, the Vietnamese services sector remains a bright spot, partially offsetting some external weaknesses, according to “Vietnam’s May trade data” report recently released by HSBC.

Southern provinces and cities in Vietnam saw positive signs from the tourism industry in the first three months of this year with diverse products, tours, and activities to attract visitors.

VOV.VN - Vietnam welcomed approximately 3.7 million foreign tourists in the first four months of the year, a figure 19.2 times higher than that of the same period last year, and meeting 46% of the target set for 2023, the General Statistics Office (GSO) said on April 29.

VOV.VN - The price of domestic airfares has increased significantly over recent days ahead of the upcoming five-day national holiday, dealing a heavy blow to tour operators’ recovery efforts.

VOV.VN - The 17th International Travel Expo – Ho Chi Minh City (ITE HCMC 2023) is scheduled to take place from September 7 to 9 at the Saigon Exhibition and Convention Centre (SECC) in District 7, heard a press conference in Hanoi on April 13.

Many southern localities have formed and optimised trans-regional tourism products to promote the attractiveness of both local and regional tourism.

VOV.VN - The conference on tourism recovery is very important due to expectations about the recovery and breakthrough development of the sector actively contributing to the development of industries and fields directly related to it, as well as the country's socio-economic development.

The Chinese Government's decision to add Vietnam into the list of countries that can receive groups of Chinese tourists from March 15 is expected to further promote the recovery and development of tourism and people-to-people exchanges between the two countries.