HÀ NỘI — Contracts worth US$2 billion will be signed between Vietnamese and international partners during the first Việt Nam Travel & Tourism Summit.

The event will take place at the Intercontinental Landmark72 Hotel in Hà Nội from December 5-6 in the framework of the Việt Nam Economic Forum (ViEF) 2018. It is expected to attracts 1,500 guests including managers, business operators, billionaires and experts.

The summit is being  hosted by the Private Sector Development Committee (PSD), the Ministry of Culture, Sports and Tourism (MCST), the Việt Nam Tourism Advisory Board (TAB), and VnExpress newspaper.

Prime Minister Nguyễn Xuân Phúc will moderate the sessions and witness the signing ceremonies between Vietnamese and international partners.

It’s expected that Hà Nội will sign a contract with CNN to produce films promoting Vietnamese tourism, and.Malaysia’s Air Asia will co-operate with Vietnamese enterprise to develop low cost airline services in Việt Nam.

The summit will offer opportunities for domestic and foreign businesses to learn about Việt Nam’s strategies to develop tourism, as well as the challenges facing the national tourism industry.It will include two key sessions titled Potential Opportunities and Strategic Planning for Sustainable Development Efficiency and Making Tourism a Spearhead Economic Sector of Việt Nam, with reports and presentations delivered by prominent figures from TAB, Air Asia, World Tourism Organization (UNWTO), Boston Consulting Group (BCG), and others.

The delegates will discuss various issues such as restructuring and developing Vietnamese tourism in a high-quality and sustainable manner; promoting national tourism; improving visa policies to attract high-quality tourists; enhancing tourism management capacity; upgrading the quality of human resources; attracting foreign investment in tourism; and applying high technology in tourism development and management.On the occasion, a photo exhibition featuring destinations with potential for tourism in Việt Nam will be held. — VNS