Neighbours South Korea, Japan and Singapore, along with the US, remain Vietnam’s biggest foreign investors Photo: Le Toan Just a few days ago Travelport, a tech company on the New York Stock Exchange providing solutions for the travel and tourism industry, worked with the Vietnamese Ministry of Transport (MoT) on business opportunities for its global distribution system (GDS) in the sector. “Having a presence in Vietnam for 16 years, Travelport sees huge business potential in not only tourism but also other areas. Thus we are planning to expand operations to other sectors in Vietnam, including in transport,” said Martin Herbert, managing director in Asia for Travelport. Being one of the world’s leading GDS providers, Travelport’s new move is in line with growing demands for technology applications in the tourism and aviation industries to increase competitiveness in the digital age. New policies to the south Travelport’s step is in line with the US government’s recent announcement of the US-ASEAN Smart Cities Partnership, which aims to offer opportunities for US tech companies to develop key urban digital infrastructure in one of the world’s fastest-growing markets. “This new effort, which includes Danang, Hanoi and Ho Chi Minh City, will seek ways that American companies… Read full this story
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