Vietnam’s resort island welcomes first tourists after nearly 2 years

South Korean tourists walk through the lounge area of Vinpearl Resort in Phu Quoc island on Saturday. AFP
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Updated 20 November 2021
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Vietnam’s resort island welcomes first tourists after nearly 2 years

HANOI: Two hundred vaccinated foreign tourists arrived in Vietnam’s beach-fringed island of Phu Quoc on Saturday, the first wave of visitors to the country in nearly two years as it seeks to resurrect its pandemic-ravaged tourism economy.

Vietnam imposed tight border controls at the start of the pandemic in an effort to keep out COVID-19, with some initial success, but that harmed its burgeoning tourism sector, which typically accounts for about 10 percent of gross domestic product.

Vaccinated tourists now do not have to undergo mandatory two-week quarantine, according to the authorities, but are required to enjoy their holiday only inside the mega complex resort Vinpearl and will be tested twice during their trip.

“This is the first and vital step to revive our tourism sector and to prepare for the full resumption next year,” Nguyen Trung Khanh, chairman of the country’s tourism administration said in statement.

“We want to offer tourists a new experience amid new normalcy which they can live fully in Phu Quoc and then live fully in Vietnam,” Khanh added.

The island’s authorities expect to welcome 400,000 domestic and international tourists to the end of this year.

Other Vietnamese destinations such as the UNESCO world heritage site Hoi An and Danang beach are also welcoming international tourists back.

The move follows similar steps taken by neighboring Thailand, which hosted vaccinated foreign tourist for quarantine-free holiday earlier this month.

Foreign arrivals to Vietnam slumped from 18 million in 2019, when tourism revenue was $31 billion, or nearly 12 percent of its gross domestic product, to 3.8 million last year.

Vietnam, which has inoculated more than half of its 98 million people, is seeking to resume international commercial flights from January next year and eyeing a full tourism reopening from June.


Saudi Tourism Development Fund signs deal to explore new resort developments 

Updated 8 sec ago
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Saudi Tourism Development Fund signs deal to explore new resort developments 

RIYADH: Saudi Arabia’s hotel supply is set to expand after the Tourism Development Fund signed a deal with Palladium Hotel Group to study new resort projects. 

The memorandum of understanding will assess opportunities and conduct feasibility studies for tourism projects, including identifying appropriate investment structures and reviewing technical and operational arrangements, according to a press release.  

The initial focus of the collaboration will be on tourism investment opportunities in Jeddah and Yanbu, leveraging TDF’s incentives and investment enablers. 

The move is part of TDF’s efforts to attract investment and support the Kingdom’s tourism sector, in line with the National Tourism Strategy and Saudi Vision 2030. 

This comes as Saudi Arabia reached its original 2030 tourism target of 100 million visitors seven years ahead of schedule, leading authorities to raise the goal to 150 million. 

TDF CEO Qusai bin Abdullah Al-Fakhri said the agreement marks a new milestone in the fund’s efforts to attract global expertise and develop world-class tourism facilities across the Kingdom. 

Palladium Hotel Group CEO Jesus Sobrino described the partnership as a unique opportunity to explore entry into Saudi Arabia’s fast-growing tourism sector, noting the Kingdom’s rapid growth and distinctive investment prospects. 

Palladium Hotel Group operates 45 hotels worldwide and has more than 50 years of experience developing and managing hospitality assets across international markets. The collaboration with TDF marks a continued effort to position Saudi Arabia as a leading global tourism destination, supporting economic diversification and enriching visitor experiences. 

TDF is Saudi Arabia’s national enabler for the tourism sector, providing financial and non-financial support to develop major projects. It works to attract international investment, build partnerships, and support the goals of Saudi Vision 2030. 

The new MoU with Palladium Hotel Group follows a series of recent partnerships by TDF, including agreements signed last December worth more than SR4 billion ($1 billion), which expanded financing for tourism MSMEs. 

Through its Tourism Empowerment Programs, TDF has delivered nearly SR3 billion in funding, created over 74,000 jobs, and supported more than 10,000 enterprises, forming part of its strategy to attract global investors and develop projects aligned with Saudi Vision 2030.