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Foreign investment continues to flow into hospitality market


Foreign investment continues to flow into hospitality market
11:17 | 15/03/2021
The hospitality industry has struggled in the past year, but despite the challenges, foreign investors are still debuting new properties in Vietnam. VIR’s Hoang Anh sat down with Michael Piro, Indochina Capital’s COO and Wink Hotels’ CEO, to discuss the brand’s soon-to-open first property and why foreign investors are still bullish on Vietnam’s hospitality market.
Can you assess the potential of Vietnamese tourism in 2021 compared to neighbouring countries?
Michael Piro, Indochina Capital’s COO and Wink Hotels’ CEO
Vietnam has been exceptional with its approach to COVID-19, which recently ranked second worldwide by Australian think tank Lowy Institute. Not only does this highlight the country’s competence on a global level, but it also allowed the domestic market to travel relatively unhindered, which puts us i ....

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