“I came from a hospitality background and saw that 80 percent of seats in cars weren’t occupied most of the time.”
– John Zimmer
ABOUT 3RD ANNUAL GLOBAL HOTELS & RESORTS 2019
Tourism in Viet Nam is a jewel in Vietnamese development. 2017 was the year of Sustainable Tourism declared by UNWTO. It promoted Tourism not just in Southeast Asia but also around the world. Tourism generates almost 10 % of global GDP and contributes a very large percentage to the total employment.
The General Statistics Office reported that Vietnam received a record high of 12.9 million foreign visitors in 2017, a year-on-year increase of 29.1 per cent. Of the total, 10.9 million tourists arrived by plane while 1.8 million people came to Vietnam through land transportation. About 258,800 visitors came to the nation by seaway.
Approved in 2013, Viet Nam’s Tourism Master Plan 2020, vision 2030 was designed to provide a blueprint guiding Vietnam’s future Tourism Development. This has led to the increase in FDIs; in 2017 real estate attracted capital of US$ 2.5 billion. Decree Number 3 has opened an opportunity for foreign investor and Vietnamese as well to play at Casinos and that has added a feather in the cap for the investor and developers of Hotels and Resorts. This has increased the inflow of the travellers especially from the neighbouring countries like China, Korea and Japan.
EU-Vietnam FTA – The Free Trade Agreement (FTA) with Vietnam has been described as the most ambitious deal of its type ever concluded between the EU and a developing country. Not only will it eliminate over 99 % of customs duties on goods, it will also open up Vietnamese services markets to EU companies. This will also bolster exchange of visitors between the two regions further boosting tourism and the trend would be favourable for Vietnam’s lucrative climate as well.
Another perspective to look forward to is the extensive eastern coastline and several untouched regions in the Vietnam offering opportunities for Waterfront Development and with enhanced air connectivity locally and globally and the two airlines – Vietnam Airlines and Viet Jet Air seeking global expansion of fleet and operations, the future looks bright for the sector. It is further predicted that the country expects to receive up to 17-20 million international visitors and 82 million domestic visitors by 2020.
This steady growth in both international and domestic tourism; the opening of more international- branded properties and tourist accommodation establishments. With over 150 new 4 star and 5 star properties in the pipeline to open by 2020, the industry offers extensive opportunity to Project Management, Investment, Architecture, Green Building, Leed Certification and Operations aspect.
With an advent of so many opportunities, Bricsa Consulting is having their 3rd Annual Global Hotels and Resorts – a 2-day strategic business program scheduled on 23rd & 24th September, 2019 at Mai House Saigon Hotel, Ho Chi Minh City, Vietnam. We will bring the relevant Ministries, Hotels And Resorts Developers, Architectures, Solution Providers and many more all under one roof where they would be presenting and discussing about the latest industry updates; also there will be knowledge sharing about the present and future trends and development in Real Estate market.
An insight on the development of 7 tourism zones with specific tourism products , 46 national tourist areas; 41 national tourist spots; 12 tourist cities and other key tourist spots
Understanding of Decree Number 3 in regards to present and future regulations that can transcend the current trends in market