Investment in Vietnam Tourism, Vietnam Travel
Investment in Vietnam Tourism, Vietnam has recently attracted many domestic and foreign investors in the tourism and the service sector with a number of big projects in tourism centers in provinces and cities nationwide.
According to the Ministry of Culture, Sport, and Tourism of Vietnam, the country has attracted large investments to build resorts or luxury hotels such as a top-end hotels in Danang initially capitalized with 200 million USD by KOK (from the US) in Danang, and a series of tourism projects capitalized with 300 million USD by Tin Nghia Co., Ltd in Dong Nai, Binh Thuan, and Da Lat (Lam Dong). The largest recreation area in Phu Quoc Island is capitalized with 68 million USD.
Along with encouraging investment in new tourist areas, cities and provinces are also focusing on upgrading existing tourist products, especially in the Mekong Delta River provinces, where National Tourism Year 2008 will take place.
Vietnam’s travel image has been increasingly promoted domestically and overseas. Recently, the Government has issued guidelines for advertising Vietnam’s people and country on CNN TV over 13 weeks, with 182 times.
Investment in Vietnam Tourism, Vietnam has for the first time been included among the 20 destinations most favoured by tourists, according to a 2007 survey by Conde Nast Traveller. This is considered a positive sign for Vietnam’s tourism sector.