HCM City: Tourism sector endures losses of over 426 mln USD in Q1

The HCM City Department of Tourism has estimated that the city’s tourism industry suffered losses worth close to 10 trillion VND (426.2 million USD) in the first quarter of this year due to impacts of the COVID-19 pandemic.
HCM City: Tourism sector endures losses of over 426 mln USD in Q1 ảnh 1Bui Vien Street in Ho Chi Minh City, a location frequented by foreigners. (Photo: VNA)

Hanoi (VNA)
– The HCM City Department of Tourism has estimated that the city’s tourism industry suffered losses worth close to 10 trillion VND (426.2 million USD) in the first quarter of this year due to impacts of the COVID-19 pandemic.

The department’s data shows that the country’s southern metropolis welcomed just 1.3 million visitors during the first three months of the year, down 42.26 percent from a year earlier.

In March alone, tourist arrivals nosedived 84.23 percent year-on-year to about 117,000.

The department plans to further strengthen preventive measures against the widely-spreading disease to ensure safety for travellers in the second quarter.

It is working with the municipal Department of Science and Technology to explore how to develop community-based tourism in urban cultural spaces in the near future.

It also expects to launch a series of tourism stimulus programmes after the pandemic is over to help the industry recover.

Last year, HCM City was the most popular locality in Vietnam among foreign tourists during the first quarter.

The city welcomed a record high 2.25 million foreign tourists from January to March, up 10 percent year-on-year. The city attracted half the total number of foreign arrivals to Vietnam during the period, according to the municipal Department of Tourism.

Japan, the Republic of Korea, China and the US were the four biggest groups of foreigners visiting HCM City, helping it earn tourism revenue of 39.8 trillion VND during the period./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.