Viet tourism companies recover thanks to restructuring

Tourists visiting Tam Chúc temple, Hanam Province, during the Tet holiday. The domestic tourism industry is recovering, despite the lasting effects of Covid-19. — VNA/VNS

HANOI (Vietnam News/Asia News Network): In the past two years, the impact of COVID-19 has hit listed tourism companies’ activities hard, leading to persistent losses and some stocks being given a warning status, and even risk being delisted. However as many businesses turn to restructuring operations, their results have become more positive.

In its recently released fourth-quarter business result, Đông Á Hotel Group (DAH) reported bullish results, despite damage from the pandemic to tourism activities.