Houses of cards: Saigon hotels go from boom to gloom
Article Abstract:
Foreign-owned hotels in Ho Chi Minh City, Vietnam, have seen a drop in occupancy levels since the early 1990s as capacity has increased. The number of business travellers has not increased as rapidly as expected. The market started to falter in late 1995 even as new hotels were still being opened. Some analysts see the market as likely to recover within two to three years of 1996, but this will depend on the number of business travellers in Vietnam.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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No respect: Vietnam's private sector plays on an uneven field
Article Abstract:
The higher interest rates and other barriers Vietnam's private companies face compared to its state-owned firms puts them at a disadvantage and is reducing their share of GNP. Many observers say international aid should go primarily to private companies, which lack ready access to land and capital. Some economists contend that more competition, not more privatization, is the answer.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
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