Phu Quoc airport to hand out value-added tax refunds

Phu Quoc airport to hand out value-added tax refunds

International tourists will receive value-added tax (VAT) refunds on goods they purchase in Viet Nam at one more airport, the Phu Quoc International Airport in the southern Kien Giang province.

Following Prime Minister Nguyen Tan Dung's approval, Phu Quoc airport will become the fifth international airport in Viet Nam to provide VAT refund services to foreign tourists. The other four airports are Tan Son Nhat Airport in HCM City, Noi Bai Airport in Ha Noi, Da Nang Airport in Da Nang City and Cam Ranh Airport in Khanh Hoa Province.

The first international flights from Phu Quoc began last February, linking Russia with the island. Since then, two more international air routes have been added, connecting the island with Singapore and Cambodia's Siem Reap.

The provision of VAT refunds is expected to help boost tourism development in Phu Quoc , following the government's tourism development orientation.

Under the pilot plan approved by Prime Minister Dung in 2011, foreign tourists who buy goods at certain airports, tourist areas and shops in large cities will receive a 10 per cent refund on the tax they pay.

Goods purchased by foreigners are considered export commodities, so every purchase worth more than VND2 million (US$96) per receipt, issued within 30 days of their exit from Viet Nam, will benefit from the tax refund.

The VAT refund policy for foreigners has also been applied at three international seaports of Khanh Hoi port in HCM City, Da Nang port in Da Nang City and Nha Trang port in Khanh Hoa Province. It aims to increase the foreign tourist arrivals in Viet Nam and promote exports.

The policy was first piloted at Noi Bai and Tan Son Nhat airports in 2012.

Figures from the General Department of Viet Nam Customs showed that by the end of last February, more than 8,620 foreigners had received refunds on goods worth more than VND425 billion ($20 million).

According to the Phu Quoc District People's Committee, 586,000 tourists visited the island last year, up 37.6 per cent from 2013. The number of foreign visitors went up by 21.5 per cent to 125,000.

The island achieved tourism revenues of more than VND2.2 trillion (over US$103 million) last year, a whopping 84 per cent higher than in 2013.

It now has around 4,000 hotel rooms.

Source: VNS

Bài viết liên quan

	VNAT holds seminar on Indian tourist market (TITC) – On 11 Dec 2014, Viet Nam National Administration of Tourism (VNAT) held a seminar on Indian tourist market with the participation of leaders of VNAT’s Departments; representatives of travel companies and tourism facilities in Hanoi. Detail >>

	Top 5 attractive floating markets in Vietnam The Vietnam Record Centre (Vietking) has announced top 5 floating markets in the western region of the country that attract a huge number of domestic and foreign visitors. Detail >>

	Ly Son island district to launch home-stay service The Department of Culture, Sports and Tourism of central Quang Ngai province is gearing up for the launch of home-stay service in Ly Son island district. Detail >>

	Asia Pacific shows strong sign of growth in tourist arrivals in 2014 Asia Pacific enjoyed promising tourism this year. 2014 saw an increase of 5 per cent in international tourist arrivals in the Asia Pacific through October according to a UNWTO report. Detail >>

	Mekong a best-value destination Viet Nam’s Mekong Delta has been chosen among the 10 best-value destinations for 2015 by Rough Guides, a British publisher of travel and reference guides. Detail >>

	Tourism has good start for 2015 The tourism sector recorded soaring volumes of tourists in both foreign and domestic markets during the first four days of 2015, a good sign for the year ahead. Detail >>

	Trang An to get UNESCO world heritage status Trang An Scenic Landscape Complex has become the first site in Vietnam to receive UNESCO mixed natural and cultural heritage of the world recognition. Detail >>

	Visitors flock to tourist sites during 2015’s first days Tourist sites nationwide attracted large numbers of visitors during the calendar New Year’s holiday (Jan 1st-4th, 2015), significantly contributing to the sector’s revenue. Detail >>

	The striking appeal of northwestern region Blankets of cloud and midst covering mountain ranges and beautiful valleys in winter entice both domestic and foreign travelers to the northwestern region of Vietnam. Detail >>

	Additional 14 special national relic sites recognized Deputy Prime Minister Vu Duc Dam has signed Decision No 2408/QĐ-TTg on to recognize additional 14 historical, architectural and archaeological relics nationwide as special national relic sites. Detail >>

« First « Previous 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 Next »« Last Page 6 of 29

Most popurlar tours

Video

Day & Short Tours