August 29, 2016 by Wanwisa Ngamsangchaikit
HANOI, 29 August 2016: Hanoi has extended opening hours for restaurants and bars in downtown Hoan Kiem district through to 0200, Fridays to Sundays, starting next month.
The scheme is part a policy to revive the city’s entertainment by extending opening hours in tourist districts. If the trial gains a positive response from tourists as well as restaurant and bar owners it will be extended to other districts.
Local media reported officials saying the new hours would be limited to weekends, but if successful it could be extended to weekdays.
Hanoi targets 30 million tourists by 2020, mainly domestic travel with around 5.7 million international visits. The annual growth rate should be around 8% to 10%.
Revenue from tourism in 2020 is forecast to reach USD5.3 billion, up 15% to 17% annually. Occupancy rates at hotels are expected to average 60% to 65%.
In the first half of this year, tourist arrivals to the capital stood at 11.02 million, up 33% year-on-year, of which domestic arrivals stood at 8.97 million, up 6% year-on-year.
Revenue from tourism reached USD1.4 billion, an increase of 24% year-on-year.
This year, Hanoi has targeted 21.17 million tourists, including 3.8 international tourists, and earnings of USD2.69 billion.
Domestic travel statistics related to length-of-stay and revenue are estimates based on so-called exit surveys carried out at airports through random interviews with departing passengers.