Biz Traveler

Vietnam has become the 12th country whose citizens are eligible for visa-free entry to the Russian Federation under the relevant arrangements.

The CAAV forecasts that the market will reach roughly 94 million passengers and over 1.6 million metric tons of cargo for the full year 2026, marking gains of 13% and 9.3%, respectively, compared to 2025.

International hotel groups are increasingly arriving in or expanding in Vietnam as the country continues with efforts to make tourism a spearhead economic sector.

Corporate income tax would be exempted for two years, followed by a 50% reduction in tax payable for the next three years on income generated from products created under new tourism models.

Total tourism revenue was estimated at VND113.2 trillion ($4.3 billion), up 13.3% year on year.

For the first nine months, the central city's GRDP grew by 10.31%, positioning it ninth among Vietnam's 34 provinces and centrally administered cities, and third among 9 municipalities of the country.