Great expectations but no stimulation: travel firms the black sheep?
By Nguyen Tran Hoang Phuong December 16, 2020 | 08:00 am GMT+7
Believe it or not, a friend earning revenues of VND85 billion ($3.67 million) a year has lost everything in less than a year.
Nguyen Tran Hoang Phuong
I had to watch as one after another, he sold everything – air conditioners, tables, chairs and even phones.
After more than a decade of working in the tourism industry, he has lost everything to the Covid-19 pandemic.
From a boss with 70 employees, he is left empty-handed.
In 2017, he d opened his own company, offering tours for foreigners to visit Vietnam. Most of his customers were from Thailand, Japan and South Korea. After just two years in the business, he had two offices in HCMC and earned revenues of VND85 billion per year.