Image:Eleven Media

27 July 2019


The Government has been hesitant to encourage nightlife for years, mostly due to security concerns. That might change soon..

"This week, the PM asked ministries and localities to look into a new economic policy of China, which aims to promote the nightlife economy to help balance the losses the country has suffered from the ongoing trade war with the US."

"The PM’s order on Vietnamese nightlife caught the attention of economists, who have long argued that a boring nightlife was a key reason for slow growth of tourism compared with the number of tourists."

"According to statistics of the Vietnam National Administration of Tourism, 2018 witnessed a record high in the number of inbound and domestic tourists to the country, with a year-on-year increase of 29.2 per cent to nearly 15.6 million visitors. Revenue growth, however, increased only 21.4 per cent."

"Vietnam’s return rate is dramatically low, at merely 6 per cent, compared to the rate of neighbouring countries Thailand and Singapore. As many as 82 per cent of travellers visited Thailand more than twice and 89 per cent came back to Singapore."

“Nightlife entertainment and services are the biggest source of income of the tourism industry but Vietnam completely neglected them,” Luong said.“Not to mention the taxes the Government could have collected from nightlife businesses,” he added.

https://elevenmyanmar.com/news/vietnam- ... -nightlife