Hotels Recovery Guide
Vietnam

Since lockdown restrictions in Vietnam were gradually eased from 22 April, the declines in hotel trading performances in key cities such as Ho Chi Minh City and Hanoi bottomed out in May. Widely regarded as the first Southeast Asian country to show signs of recovery, we look back at the health of the tourism and hospitality sectors prior to COVID-19; assess the impact of the global pandemic and evaluate the recovery path and provide an indication on capital flows for the rest of the year.