Vietnam to lower visa fee to lure foreign arrivals

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Vietnam will cut visa fee for foreign passport holders and overseas Vietnamese since November in an attempt to boost tourism, the National Administration of Tourism has announced.

The administration quoted a statement issued by the Ministry of Finance as saying that since Nov. 23, visa fee for single entry to Vietnam will be reduced from the current 45 U.S. dollars to 25 U.S. dollars.

Visa fee for multiple entries with validity of less than three months will decrease from 95 U.S. dollars to 50 U.S. dollars.

Meanwhile, the cost of multiple-entry visa with validity between three and six months, as well as six months to one year will remain unchanged at 95 U.S. dollars and 135 U.S. dollars, respectively.

Vu Khac Liem, Deputy Head of Tax Policy Department under the Ministry of Finance was quoted by the website of Vietnam National Administration of Tourism as saying that the adjustment in visa fee is among the measures to boost Vietnam’s tourism.

Foreign arrivals to Vietnam in the first three quarters of 2015 reached nearly 5.7 million person-times, a decrease of 5.9 percent year-on-year, according to Vietnam’s General Statistics Office.

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