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

	Detail >>

	Japan promotes Tokyo tourism in Hanoi Detail >>

	Quang Binh supports tourist accommodation construction The People’s Committee of northern Quang Binh province has recently approved a plan to support construction cost for investors building hotels and restaurants in service of tourism in the locality. Detail >>

	Trang An receives UNESCO certificate as World Cultural and Natural Heritage site (TITC) – A ceremony to receive the UNESCO certificate recognizing Trang An Landscapes complex as World Cultural and Natural Heritage site took place in Ninh Binh Province on January 23, 2015. Detail >>

	Postal stamps on Trang An Complex issued A set of three postal stamps and a poster have been released to mark the recognition by UNESCO of Trang An Complex in northern Ninh Binh province as a Cultural and Natural World Heritage Site. Detail >>

	Switzerland promotes tourism in Viet Nam Representatives from Switzerland's tourism industry have met with several travel Vietnamese travel companies in Hanoi to promote Swiss tourism in the country. Detail >>

	Festival to exhibit Tet celebrations of Vietnam’s ethnic groups Traditional customs practiced by Vietnamese ethnic groups such as the Mong, Tay, and Muong during Tet (traditional lunar New Year) festival will be presented to visitors at a festival scheduled to take place in Hanoi on February 7 -11. Detail >>

	Boating along O Lau River To make a boat tour along the O Lau River, we departed at a wharf in Hoi Ky Village in Thua Thien-Hue Province, where bamboo clumps mirrored in the clear water. We slowly sailed past My Xuyen carpentry village and Phuoc Tich ceramic village, which is famous for its centuries-old wooden houses. Detail >>

	H’Mong people with cultural diversity H’Mong minority ethnic group in the northern upland province of Son La celebrates the New Year a month earlier than the country’s traditional Lunar New Year, or Tet. Detail >>

	Vi-Giam singing - intangible cultural heritage of humanity A programme is jointly held by the central provinces of Nghe An and Ha Tinh on January 31, 2015 to receive the UNESCO certification for local Vi-Giam folk singing as part of humanity’s intangible cultural heritage. Detail >>

« First « Previous 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 Next »« Last Page 9 of 29

Most popurlar tours

Video

Day & Short Tours