Vietnamese real estate & hospitaly scandal affecting human resources in Vietnam


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Vietnam tourism March and Q1 statistics

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Vietnam's tourism facts & figures up to March 2023: - 2.69 million foreign arrivals Q1 2023 (up 29,7 times from 2022 as per covid re-opening date 15/3/2022) - March 2023 received 895.000 foreign arrivals, revenues VND 161 trillion during Q1 2023 - Top destination increases:  + Danang (73.5%) + Quang Ninh (43,1%) + Can Tho (42.4%) + Ho Chi Minh City (37,2%)  + Hanoi (12,5%) - Package tours estimated revenue VND 6,8 trillion (2.2 times of 2022) 2023 full year target:  110 million visitors (8 m. international and 102 m. domestic) Forecasted revenue about VND 650 trillion ($27,6 billion). Font GSO Vietnam
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Five questions for the hotel industry to ponder entering 2023

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Jan Freitag With a mild recession on the horizon for 2023, hotel owners and operators are looking forward to a year when the ongoing recovery intersects with an economic slowdown. Here are five questions that will be on investors’ and managers’ minds as the hotel industry embarks on the new year. 1. Can Average Daily Rate Growth Continue or Will the Recession Stop Growth? Average Daily Rate, or ADR, in October was 15% higher than 2021 and 16.8% higher than in 2019. But can this growth continue? The STR forecast answers this question with a resounding yes. The current iteration calls for 1.7% ADR growth in 2023. Looking back over the past 24 months, the upside was strong pricing power. It became obvious quickly that room rate discounts did not induce demand so operators who stuck to their rates are now in a much better position to drive ADR. How much could a recession matter? It seems like the old adage of two consecutive quarters of GDP decline, which economic observers informally use
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Successful MQL Sustainable Tourism Services presentation in the Mekong

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Good media coverage of our tourism technical advise in the Mekong delta. MQL Sustainable Tourism Services presentation to the Director of Vietnam National Administration of Tourism, Dong Thap Chairman and rest of Mekong delta provincial authorities was very successful and added value to both public and private sector. A public-private sector interaction will help the provinces to bring higher skilled manpower and to benefit farmers and rest of chain. Making society and skills better is key to deliver a much better tourism services to visitors. #tourism   #Mekong   #humanresources   #training https://english.thesaigontimes.vn/changing-mindset-for-tourism-development-in-mekong-delta/ Changing mindset for tourism development in Mekong Delta By Trung Chanh DONG THAP – The Mekong Delta has much potential for tourism development. However, Nguyen Van My, director of Lua Viet Tours, said the region must change their mindsets as well as the way of developing tourism. On the sidelines of a forum
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