HCM City (VNA) – “Vietnam is determined to implement policies to encourage investment in tourism,” affirmed an official of the Ministry of Planning and Investment (MoPI).

At a two-day seminar on tourism estate investment opportunities that opened on April 17 in HCM City, Director of the MoPI’s Foreign Investment Department Phan Huu Thang said in addition to land and financial preferential policies for investors the country will further revise its policy and mechanism to really facilitate investment.

Thang said of the total 104 billion USD in FDI capital in Vietnam , 10.8 billion USD have been poured in building hotels and tourism business, and foreign-invested businesses have offered new high-quality services to local customers.

Many participants at the seminar shared the view that investment in Vietnam ’s tourism is profitable despite difficulties in infrastructure and ground clearance.

They also said that Vietnam is one of the strongest developing tourism destinations in Asia thanks to its developing economy, stable social security and constantly improved infrastructural facilities, as well as beautiful natural landscapes and a diversified tangible and non-tangible culture.-Enditem