The tourism market has recovered since mid-April when social distancing measures against COVID-19 were eased, heard a conference held in the north-central province of Thanh Hoa on May 16.
Hit hardest by the COVID-19 pandemic, Vietnam’s tourism sector is likely to be one of the first to recover strongly after the pandemic is brought under control, according to an expert from Savills Vietnam.
Vietnam has strong potential to develop wellness tourism according to attendees at the CEOTalks conference held recently in HCM City.
Phu Quoc island district in the southern province of Kien Giang has a lucrative tourism market and lots of potential in the real estate market for tourism and resorts.
Vietnam’s hotel and resort real estate needs to have a comprehensive plan to ensure its development is on the right track.
The Vietnamese property market is entering 2016 after witnessing recoveries of firms in 2015, driven by macroeconomic improvements and policies of openness.
The Japanese population offers a reliable source of current and future demand for short- and long-term accommodations, with growing interest among Japanese companies to open units in Vietnam.