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Update news 5-star hotel
VietNamNet Bridge - Foreign investors hold a stake in about 60 percent of 5-star hotels in Hanoi and HCMC, and are continuing to pour money into the profitable hotel sector.
VietNamNet Bridge - Many Vietnamese real estate developers are hiring foreign managers who have connections to potential customers.
VietNamNet Bridge - In 2016, Vietnam received 10 million foreign travelers and served 62 million domestic travelers.
VietNamNet Bridge - Located in advantageous positions and providing services at high fees, some luxury hotels have been taking losses.
VietNamNet Bridge - Many 5-star hotels in Hanoi are owned by Vietnamese companies although most of them were built with foreign funds.