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Vietnam and Thailand top destinations for Russians

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Tourism Thailand Pattaya 2012

The central province of Khanh Haa, home to the famous beach town of Nha Trang city, is much loved by Russian tourists, accounting for one fifth of total foreign arrivals. (Source: VNA)

HCM City (VNA) – Vietnam has become one of the top destinations in the Asia Pacific region for Russians, according to global travel analysis firm ForwardKeys.

The ForwardKeys survey found that Vietnam saw the highest increase in Russian market seat capacity at 153 percent, followed by Thailand and the Maldives, which saw a growth of 125 percent and 58 percent, respectively. The Republic of Korea and India also saw seat capacity rising by more than 30 percent.

Vietnam saw the highest increase in Russian market seat capacity at 153 percent, followed by Thailand

Last year, Russian tourist arrivals to Khanh Hoa reached nearly 400,000, up 1.5 percent year-on-year, making it the second biggest feeder market for local tourism after China.

Vietnam received a record high of 606,000 Russians last year, accounting for 4 percent of total foreign tourist arrivals. –VNA

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China

Russia and China: A pragmatic partnership

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As sanctions continue, Sino-Russian relations – in many ways a pragmatic response to Western reproach – have been steadily developing. Russia’s eastward leaning strategy, or its ‘pivot to Asia,’ is largely coming in the form of energy relations and military cooperation with China.

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Real Estate

Why more property investors are looking to REITs

REIT’s popularity is supported by declining bank deposit rates encouraging investors to seek alternative and higher yielding investment

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treit

Real estate investment trusts are growing in popularity around the world, as investors seek new ways to access an increasingly institutional market. REITs are listed as private funds which are tax-transparent, so investors are only taxed on their dividends. (more…)

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