The city, known for cheap food and accommodation options, is much more affordable than many other Asian destinations. Are you wondering how much you may need for a day in Vietnam's capital city? Statistics show each international tourist in Hanoi spends on average $110 per day meanwhile daily travel expenses by a local tourist is estimated at $55. The numbers are much lower than those of leading tourist cities in the region, which is probably the appeal of the Vietnamese city. Data may vary from various sources, but according to a MasterCard survey last year, tourists to Seoul spent $258 per day, compared to $255 in Singapore and $262 in Beijing. Meanwhile, a tourist to Bali often spends around $125 per day, according to the Indonesian central bank. In July the TripIndex 2016 report by the travel guide site TripAdvisor named Hanoi as the least expensive among 20 favorite cities surveyed, for the third year in a row. It beat Bangkok and Mumbai. The capital city is expecting 4 … [Read more...] about How much do tourists really spend in Hanoi?
How do tourists help the economy
Next week: During a recent review of the Tourism Law, many experts called for the foundation of a police force dedicated to protecting tourists, who are often left without any support when problems arise. The aim is to turn Viet Nam into a civilised and safe destination for visitors at all times. At present, many complain that most local police do not understand English or seem to care if they consider the problems are petty - or beyond their control. One tourist had to fight with a laundry owner to get his clothes back because he had mislaid his receipt. This lack of protection exists despite the 5 per cent contribution made by tourism to gross domestic product (GDP) last year alone. Several localities, including Da Nang and HCM City, have taken steps to set-up crime hotlines to assist foreigners or established groups to deal with their security. However, crime hotlines or these groups were said to operate not much effective. In your opinion, what should Viet Nam do to better to … [Read more...] about Increased consumer rights could be beneficial to the economy
Accused of urinating in public, spitting on the street, or kicking a sacred temple bell -- free-spending Chinese tourists are receiving a mixed welcome as their soaring numbers help the kingdom's creaking economy. Last year around 4.6 million Chinese nationals visited Thailand, with the average tourist spending 5,500 baht ($160) per day -- more than the average European visitor. Growing outrage over the perceived disrespect of visitors from the Asian giant saw authorities print thousands of Chinese-language etiquette manuals earlier this year in a bid to keep their tourists in check. Last month it was a photo of a young girl peeing in the grounds of Bangkok's Grand Palace that triggered the latest round of enraged, and sometimes racist, comments as Thai social media users claimed she was Chinese. In March a Thai model's video of tourists from China jumping the queue at an airport was viewed more than two million times and saw a similarly angry rant against Thailand's … [Read more...] about Chinese tourists boost Thai economy but stir outrage
Quang Ninh: Focusing on Marine Economy Development Quang Ninh province has significant tourism potential with famous places such as Yen Tu, Nha Tran relic area and Van Don trading port. The province also attracts a large number of local and foreign visitors because it is well-known for Ha Long bay, a world natural heritage site nominated as one of the seven new natural wonders of the world. In the sidelines of the “International Conference on Cruise Tourism”, Nhu Thi Hong Lien, deputy chairman of the Provincial People's Committee talked with the press about strengthening the maritime economy in the locality. How do you assess Ha Long Bay's importance in Quang Ninh's tourism development strategy? Quang Ninh has many advantages for tourism development. The province regards tourism development as a key to boosting local economic development. Developing tourism in Ha Long is part of Vietnam's national tourism development strategy. Marine tourism in the province is a … [Read more...] about Quang Ninh: Focusing on Marine Economy Development
Viet Nam economy shows signs of rebounding from its slump (25-06-2008) Duong Thu Huong, general secretary of the Viet Nam Banks’ Association spoke to Thoi Bao Kinh Te Viet Nam (Vietnam Economic Times) on the positive signals in the domestic economy. After a period of stagnation there appear to be some positive signals in the economy. What is your assessment? There are three indicators that can easily be seen as positive signs of the macro-economic index. The first sign is that the large amount of imported goods are now at seaports and about to be re-exported. This shows that the domestic consumption demand has reduced and is resulting in the reduction of demand for import. Presently, the trade deficit, has been large compared to last year’s figure of US$12 billion. If we have to re-export imported goods due to reduced purchase demand, it is a positive signal in the short-term as we can cut down the excess of imports over exports, which helps balance total payment and reduce … [Read more...] about Viet Nam economy shows signs of rebounding from its slump