A new government decree is expected to help remove difficulties for the domestic leisure property market, which is experiencing a 10-year low in demand, experts have said.

Vietnam’s hotel industry has been slower to bounce back from the COVID-19 pandemic than that of other countries due to a series of factors, including strong reliance on the Chinese market and a large pipeline of hotels, according to Savills Hotels APAC.

VOV.VN - Dong A University, Imex Pan Pacific Group (IPPG), and Response Consulting APAC - a subsidiary of Response International Group (Australia) on February signed an education and employment cooperation agreement in Australia for students.

After a gap of two years due to the COVID-19 pandemic, many hotel projects of international brands in Vietnam are expected to be put into operation this year.

The adoption of digital banking in Asia-Pacific (APAC) emerging markets, especially Vietnam, has caught up with that in developed markets.

Vietnam has tremendous long-term potential to become a leading international destination like Thailand or Indonesia, according to local insiders.

January started on a positive note, with city hotels seeing increased MICE and event bookings, while in some resorts corporate bookings started to return, according to Savills Vietnam.