Market Report, "Travel Retail in Vietnam", Published
2012 was a difficult year for many tour operators. Due to the economic downturn, not only individual consumers but also enterprises had to tighten their spending budgets. Furthermore, despite the fact that inflation in the country in 2012 was much lower than in 2011, it was still very high (CPI increased by 9% in 2012). Indeed, the increase in the price of fuel, electricity and many other products and services led to a rise in prices in many tourism areas...
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