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Home » Vietnam information » Vietnam Travel News » December - 2006

Vietnam tourism not ready to receive rich Japanese tourists

25/12/06 (GMT+7)

It is expected that some 7mil Japanese people will retire in 2007. However, Vietnam tourism seems unprepared to attract these rich tourists.

An unpaved mountainside road leads to Sin Ho

In early 2007, some 7mil Japanese people, or 5.4% of the Japanese population, who were born in the years between 1947 and 1949 will retire. These people have a higher level of average assets compared to those of other ages (Yen17mil), and like travelling abroad.

 Rich Japanese people like travelling

 According to JETRO (Japan External Trade Organisation), the people at the age of between 60 and 70 in Japan have the highest level of average assets, and tend to spend a lot of money. These people had to curb consuming when they were working, and now it is the right time to spend money.

 A survey conducted by Nomura Securities in the last year showed that 70% of Japanese people over 60 want to travel, both domestically and abroad.

 In April 2005, the Japan Travel Bureau (JTB) allowed the establishment of JTB Grand Tours 7 Services, which specialises in organising tours abroad and providing associated services. Elderly people tend to travel to places where they have never gone before, like the Middle East, Africa and Latin America.

 Golden opportunity for Vietnam’s tourism?

 In Vietnam, the central region with the beautiful beaches and cultural heritages proves to be the ideal place for setting up resorts.

 There, in the central region, is Hoi An ancient town, where many Japanese people lived several hundred years ago. However, there is still no project on building resorts for old Japanese people, though several investors have had contact with local authorities to discuss projects.

 In addition to the beautiful beaches in the central region, the Hoa Binh mountainous area in the north, or Ha Tay province, where there are hot springs, prove to be very suitable locations for resorts for old Japanese people.

 Pham Huu Minh, Head of the Tourism Promotion Agency under the Vietnam National Administration of Tourism (VNAT), said that VNAT would team up with Vietnam Airlines to provide package tours to Vietnam.

 However, Mr Minh has acknowledged that the tourism products remain undiversified. The tour “Home stay” (travellers stay with ethnic minority people in their homes) is the only special tour now available in the north.

 In the Vietnam latest news, Japanese investors, including Mitsubishi, Sumitomo, Limtec and Mitsui have taken the place of Singaporean investors to develop the project on the ‘dreamlike city of Dankia – Suoi Vang’ in Lam Dong Province, which will cover an area of 5,000ha.

 With the total investment capital of $1.2bil, a resort, villas, hospitals, golf courses and vast rose gardens will be developed there, for the pleasure of 10,000 tourists every year, including the Japanese people of the 1947-1949 generation, who will come to relax. The dreamlike city will also provide links to other tourism points in Da Lat City (Dalat tours), and Nha Trang beach.

 (Source: SGTT)

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