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Vietnam to invest US$42.5bn in tourism infrastructure
By Tom Walker
The Hoi An Unesco site
The Vietnamese government has announced a 10-year strategic plan to invest around US$42.5bn (29bn euro, £26bn) in improving the country's tourism infrastructure.
The long-term goal is to increase the number of inbound tourist visits to the country from the current 5.5 million to 10.5 million by 2020.
In the past year, a number of leading hotel operators have announced plans to open properties in the country, including Accor, Marriott and Anantara.
In May this year, Thailand-based operator Centara Hotels and Resorts opened its first Boutique Collection resort in Vietnam - Chen Sea Resort and Spa in Phu Quoc.
The Vietnamese government has announced a 10-year strategic
plan to invest around US$42.5bn (29bn euro, £26bn)
in improving the country's tourism infrastructure.
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