Vietnam's demographics and strong manufacturing base, developed over two decades, have put it in a favourable position to weather current challenges, according to the intheblack.com business news site of Australia.
German newswire Finanzen.net has published an article on Vietnam’s economic achievements despite COVID-19 and explaining reasons behind the nation’s tourism growth.
The development of traditional craft village tourism is one of the key solutions for promoting economic growth and development and stabilising the political and social situation in rural areas. The Binh Dinh Provincial People’s Committee has recently approved a pilot project on developing traditional craft village tourism in the 2020-2025 period, with total investment of more than 14 billion VND,
The World Bank (WB)'s latest update on East Asia and Pacific economies has highlighted the uneven recovery in the regional economies' growth, as countries are recovering from the impact of the COVID-19 pandemic.
Launched by Vietnam National Administration of Tourism, the tourism promotion campaign entitled "Vietnam: Travel to Love!" ("Vietnam: Di de Yeu!") was officially deployed on the YouTube digital platform from January 7, 2021.
Vietnam posted the fastest growth in Asia in 2020 and will once again be among the most outstanding performers in the region this year, according to the Hong Kong Shanghai Banking Corporation (HSBC).
With the opening of a modern cable car by the Sun Group this year, Tay Ninh province was expected to witness a boom in tourism. Due to COVID-19, however, the number of visitors has fallen this year, presenting a major challenge for the development of the province’s tourism industry.
The south-central coastal province of Khanh Hoa has seen a stark decline in tourism activities as well as revenue this year due to COVID-19. Since the beginning of September, local authorities have implemented a number of measures to recover the tourism sector, which have initially proven effective.
Regardless of the Covid-19 pandemic, Vietnam is forecast to be one of the fastest-growing economies in Southeast Asia, according to international organisations.