Tourism Investment country.
Development relies on investment, both from within and outside the tourism elsewhere, investment has become a driving force for sustainable development in Vietnam. In Vietnam, tourism investment includes national investment by government and tourism companies, both private and non-private (government joint-venture, stocks) and foreign direct investment (FDI) in the form of 100 percent foreign capital, joint-venture, or business contract.
National Tourism Investment.
Recognizing the importance of tourism infrastructure and investment to tourism development, the National Program for Supporting Tourism Infrastructure Development with an accompanying budget was approved by the Prime Minister in 2000. This marked the first time in the 47-year history of tourism development in Vietnam that the Government provided the tourism sector with direct budgetary support for tourism infrastructure developments including roads, electricity and supply, waste management (from tourism services activities), and others.