Chinese investor joins Vietnamese partner to launch 3 duty-free shops in Vietnam

March 31, 2024

CTG is the largest central state-owned tourism enterprise in China while CDFG is the largest duty-free business group in the country. IPPG and CDFG have agreed on the criteria for setting up and running the three future duty-free shops, said Nguyen. Before the COVID-19 pandemic, China was the largest provider of travelers to Vietnam, accounting for 30 percent of the international visitors to Vietnam, according to the Vietnam National Authority of Tourism (VNAT). With sufficient investment and effective operations, these duty-free stores will help promote tourism, bringing in foreign currency and generating jobs, he said. Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!

The source of this news is from Tuoi Tre News