9 November 2021
The Government issued the Decree 94/2021/ND-CP dated 28 Oct 2021 on amending and supplementing Article 14 of Decree No. 168/2017/ND-CP of the Government dated 31 December 2017 detailing several articles of the Law on Tourism on the deposit level for travel service business. This decree including the main content is as follows:
To support the tourism industry, the Government has reduced the deposit level of travel service businesses to only 20% compared to the previous deposit level. Specifically:
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Deposit level of domestic travel agencies: VND 20,000,000;
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Deposit level for international travel service business:
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Regarding the international travel agencies for international tourists to Vietnam: VND 50,000,000;
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Regarding the international travel agency for tourists going abroad: VND 10,000,000; and
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Regarding international travel agencies for international tourists coming to Vietnam and tourists going abroad: VND 100,000,000.
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