31.10.2020, 14:18

Vietjet retains positive business results in third quarter

By Lam Nghi

Vietjet retains positive business results in third quarter
Tourism employees sell products at an event custom-made for the furloughed tourism staff due to Covid-19 – PHOTO: DAO LOAN

HCMC – A lack of business brought on by the Covid-19 pandemic has forced scores of enterprises in the tourism industry in Vietnam to remain shut as of this month, leaving millions of employees furloughed or laid off and having no clue about when they can resume work.

Data from the General Statistics Office revealed that the number of international visitors to Vietnam in October rose by 7.6% month-on-month but reached 14800 only. During the January-October period this year, the country welcomed over 3.8 million international tourists, plunging a massive 73.8% over the same period in 2019.

The domestic segment also saw a sharp decline in arrivals.

According to Nguyen Trung Khanh, head of the Vietnam National Administration of Tourism, the local tourism industry served 43.5 million domestic tourists in the 10-month period, falling as much as 41% against the same period last year. The sharp decline in international and domestic tourist arrivals has forced a large number of firms in the field to suspend their businesses and put millions of employees out of work.

Many tourism operators told the
Saigon Times
that the pressure on the unemployment rate has yet to be eased although the domestic tourism segment has resumed. Such pressure could linger for the next few years, they said.

“We started receiving tour bookings from this September but the number of bookings remains modest. Therefore, most of our employees go to work for just five days a month,” head of a travel firm, which is among Vietnam’s top 10 tour operators, told the paper.

This hard time may last for the next few years, especially at companies offering international tour services that furloughed most of the staff since the end of March, after the Government ordered a temporary suspension on international air routes to contain the spread of Covid-19.