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Thursday, November 16, 2006

VIETNAM - WTO’s access - Pros and cons of Vietnam tourism

Nhandan.com.vn, November 8, 2006

Over the past years, the tourism sector has made strong development and gradually integrated into the global tourism development process. The position of the Vietnamese tourism has been confirmed and raised.

In the implementation of the strategy to develop tourism and the national action programme on tourism, Vietnam has invested thousands of billions of dong (Vietnamese currency), VND 2,146 billion for the past five years, in tourism infrastructure in key destinations and attracted more than 190 foreign direct investment projects in tourism with a total capital of US $4.64 billion.

Hundreds of new luxury hotels and resorts have been built. The number of hotel rooms and tourism products that have met the standards to serve international tourists has risen. The work to promote tourism and train human resources has been boosted. These factors lead to the fact that the number of international tourists travelling to Vietnam is increasing and reached 3.43 million in 2005.

The Tourism Law has been completed and gone into effect and issued many instruction documents, creating a clearer legal environment in tourism business activities. In the renovation process and international integration, the force of tourism businessmen has also developed and adapted themselves gradually with new mechanisms.

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