On February 1, the Vietnam National Administration of Tourism issued Official Dispatch No. 203/CDLQGVN-QLLH to replace Official Dispatch No. 196/CDLQGVN-QLLH dated January 31, 2024. The old "10-year-old" Official Dispatch was sent to the Departments of Culture, Sports and Tourism and the Departments of Tourism of provinces and cities regarding the change of certificates of deposit for travel service business according to regulations.
The Live fully in Vietnam communication campaign is being implemented.
According to the new document, from January 1, 2024, the deposit level for travel service business must return to the previous level, no longer reduced by 80% due to difficulties caused by the pandemic. Specifically: the deposit level for domestic travel service business is 100,000,000 VND (one hundred million VND); travel service business for international tourists to Vietnam is 250,000,000 VND (two hundred and fifty million VND); travel service business for international tourists to Vietnam and tourists going abroad is 500,000,000 VND (five hundred million VND).
Travel service businesses must go to the deposit receiving bank to pay additional deposit and exchange the Deposit Certificate according to regulations (no need to exchange the travel service business license) and send it to the competent authority to grant travel service business licenses (Vietnam National Administration of Tourism for international travel business licenses and Department of Tourism Management of provinces and cities for domestic travel business licenses) within 30 days from the date of exchange.
Vietnam currently has more than 6,000 licensed travel agencies, including about 4,200 international travel agencies. All of these agencies must make a deposit in the bank to be allowed to operate travel business…
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