travel firms

Update news travel firms

The Ministry of Culture, Sports and Tourism wants to reduce the value of insurance deposits by 80 per cent to help travel companies that are struggling because of COVID-19.

Small tourism businesses struggle to adapt to COVID-19

The fourth wave of COVID-19 infections in Vietnam has caused disruptions to most sectors once again as the country was preparing for the tourism season.

Covid-19 forces travel firms to undergo restructuring

For travel firms to survive the pandemic, they have had to undergo restructuring.

Aviation sector: trying to survive the storm of 2020

2020 was a disastrous year for the aviation and tourism industries, which were hit hard by the Covid-19 pandemic.

Tet tour season hit by COVID-19 fears

Ho Chi Minh City’s travel firms have announced a number of domestic tours for Tet (Lunar New Year) with huge discounts and promotions.

Travel companies find it hard to get bank loans

Several travel companies admitted that although they are struggling due to the Covid-19 pandemic, it’s hard for them to secure bank loans because banks classify them as high-risk businesses.

Travel firms: save them or let them die?

If one drop of milk is given to every business, all of them will remain alive, but none will be strong enough to compete with the world’s giants, Tran Dinh Thien, a respected economist, has noted.

Vietnam has opportunity to create new tourism products

Nguyen Trung Khanh, general director of the Vietnam National Administration of Tourism (VNAT), said there are many things that need to be done to recover the tourism industry.

Gloomy prospects for Vietnamese travel firms anticipated

Thousands of tourism firms have suffered heavily from Covid-19. Many of them have had to shut down, while others have to take extra jobs to earn a living and survive the current difficulties.

HCM City travel firms launch new tours, discounts to stimulate demand

Travel firms and tour operators in HCM City are offering a range of domestic tours with attractive discounts to revive demand after the COVID-19 shutdown.

VN travel firms shift to sell food online to survive Covid-19

Some restaurants and hotels owned by Saigontourist have begun selling food online, while iVIVU, the online hotel room booking platform, has started selling combo lunch and Hue Smile local specialties.

Many fees slashed to support businesses post-pandemic

The Ministry of Finance has slashed administration fees in numerous sectors to help the economy get back on its feet when the COVID-19 pandemic eases.

Unable to earn money, investors put hotels up for sale

The owners of small and 3-4-star hotels, valued at tens or hundreds of billion of dong, have suffered the most from COVID-19.

VN tourism supply chain disrupted by Covid-19

In a recent talk, directors of two travel firms, one based in Hoi An and the other in Da Nang, complained that their capital has been ‘buried’ in supply chains since the epidemic outbreak.

Will domestic travel save Vietnam’s tourism sector after Covid-19?

Vietnamese will be the first to travel after the pandemic ends, and if there are attractive demand stimulus programs, the market will need only several months to recover, experts say.

Travel firms in Vietnam suspend operations, lay off workers because of Covid-19

Many travel firms have to halt their operation as they do not have sufficient sources of revenue amid the Covid-19 crisis.

Khanh Hoa tourism association proposes slashing compulsory deposits to support travel firms

The Nha Trang-Khanh Hoa Tourism Association has proposed allowing travel firms to withdraw 50% of their compulsory deposits at banks to maintain their operations and pay salaries as they are facing hardships due to Covid-19.

 

River-borne tourism a typical product in Can Tho city

Stretching for 55 km along the Hau River, Can Tho city boasts favourable conditions to develop river-borne tourism, a typical product of the locality.

 

Travel firms cancel tours to China to avoid spread of novel coronavirus

Several Vietnam’s major tour operators have simultaneously announced a postponement of all tours to China and support for any affected customers amid the ongoing outbreak of acute pneumonia caused by a novel coronavirus (nCoV) in China.

Experts argue about night-time economy development

In July 2019, ministries and people’s committees of central cities and provinces received a request to study Chinese policy on night-time economy development.