Visa exemption is an important "lever" for Vietnam tourism

Many investors will continue to take advantage of this signal to launch products or restart stalled projects in key tourist areas.

According to the Vietnam Association of Realtors, the recovery of the tourism industry with an increase in international visitors thanks to the maintenance and expansion of the visa exemption policy has been contributing to promoting the recovery process in key tourism and resort real estate markets.

Roll out the red carpet to welcome international visitors from visa exemption

The Government has just issued Resolution No. 229 on visa exemption for citizens of 12 countries, from August 15, 2025 to August 14, 2028. In August, the Government also issued Decree No. 221 regulating temporary visa exemption for foreigners who are in special need of incentives to serve socio -economic development.

According to the Vietnam Association of Realtors (VARS), the visa exemption policy will continue to accelerate the recovery of room occupancy, leading to new investment demand in real estate projects. Many investors will continue to take advantage of this signal to launch products or restart previously stalled projects in key tourism areas.

Along with that, maintaining and expanding the visa exemption policy also helps shape the long-term resort real estate development strategy. The strong increase in the number of international visitors with long stays and high spending capacity will encourage investors to promote the development of high-end products such as beach villas, international standard resorts or luxury condotels.

To anticipate the rapidly increasing flow of international visitors, many localities will prioritize investment in key infrastructure such as airports, seaports and connecting transport systems. This will not only improve tourism service capacity but also increase real estate value throughout the region.

Foreign tourists participate in bamboo dance at Mai Chau Ecologe Resort (photo: MT).

In the long term, maintaining and expanding the visa exemption policy will also contribute to enhancing the attractiveness of Vietnam as a long-term investment and resort destination. Not only does it extend the length of stay, this policy also helps attract and retain high-value groups of visitors, from long-term vacationers, international experts, to investors seeking business opportunities and an attractive living environment.

A segment of international visitors, especially those who have visited Vietnam many times, tend to buy real estate for long-term residence, retirement and investment. As a result, the resort real estate market not only benefits from short-term demand, but also consolidates the foundation for sustainable growth in the long term.

VARS also believes that the visa exemption policy is an important "lever" to help Vietnam's tourism industry recover quickly and sustainably after the pandemic.

Increased number of tourists increases the value of resort real estate

According to VARS's report, the recovery of the tourism industry with strong growth in international visitors has led to a sharp increase in demand for accommodation, resorts and experiences, contributing to promoting the recovery process in key tourism and resort real estate markets.

Accordingly, the occupancy rate has improved significantly. Specifically, survey information from the Vietnam Real Estate Market Research Institute and statistical information from the Departments of Culture, Sports and Tourism of provinces and cities show that currently, room occupancy rates at 4-5 star hotels in key tourism markets are recorded at 70%-90%, even "full" of rooms during holidays and festivals, with room revenue increasing from 20%-30% over the same period.

Hotel room capacity in many places increased sharply due to international visitors.

These destinations are all localities that attract the largest number of international visitors such as Da Nang, Nha Trang, Phu Quoc, with synchronous infrastructure systems, strong tourism brands, and clear strategies to attract international visitors.

As a result, the value of tourism and resort real estate in the above localities is also gradually improving. Although there has been no sudden increase in prices, the phenomenon of continuing to cut losses has almost ended as investors have more expectations for the market's prospects. Some projects even recorded a 5-10% increase in secondary transaction prices over the past year. Along with that, a series of high-end resort projects have also been deployed, restarted and some investors have boldly opened projects for sale with positive transaction results.

Source: https://nld.com.vn/mien-thi-thuc-la-don-bay-quan-trong-cho-du-lich-viet-nam-196250817113220466.htm