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Saturday,  Oct 21,2017,06:23 (GMT+7)

Govt resolved to make tourism key sector

Dao Loan
Thursday,  Oct 12,2017,18:28 (GMT+7)
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Govt resolved to make tourism key sector

Dao Loan

Tourists visit a fish farming house in the Mekong Delta city of Can Tho. The Government has released an action plan to develop tourism into a key economic sector - PHOTO: DAO LOAN

HCMC – The Government has released an action plan to implement a Politburo resolution on developing tourism into a key economic sector.

The Government will review and amend the law on entry, exit, transit, and residence of foreigners in Vietnam, the 2014 Investment Law, and other regulations on tourism development.

The Government will also restructure the tourism sector in line with market rules, invest in tourism infrastructure, carry out promotions, develop human resources and strengthen State management.

Preferential policy will be adopted to encourage investors to get involved in tourism projects, especially in key areas. Land use tax and land rent at tourism projects will be adjusted down. Electricity prices for hotels will be revised down to match with those applicable to the manufacturing sector.

The Government has assigned 18 ministries, the Committee for Ethnic Minority Affairs, ministerial-level agencies, and provincial and municipal authorities to implement the action plan.

In January, the Politburo issued a resolution intended to develop tourism into an economic spearhead  with revenue to amount to VND35 billion (US$1.54 million) by 2020, double last year. The sector is expected to lure 17-20 million international and 82 million domestic tourists.

In 2020, tourism will basically become a key sector. In 2030, Vietnam would become a leading destination in Southeast Asia.

According to data of the Vietnam National Administration of Tourism, Vietnam welcomed more than 9.4 million foreign visitors and 57.9 million local tourists in the first nine months of this year. The sector is expected to fetch revenue of VND376 trillion this year, up 26.5% year-on-year.

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