The government’s VND 25 billion (US $1.47 million) for 
	tourism promotion has not been allocated yet while the opportunities for 
	advertising the “Impressive Vietnam” campaign is passing, said a senior 
	official.
	
	
	.jpg)
In 
	the context of the global economic crisis, the tourism industry has been hit 
	hard. In early January 2009, the Vietnam National Administration of Tourism 
	(VNAT) launched the campaign called “Impressive Vietnam.” Under this 
	campaign many discount local tours will be introduced to attract foreign 
	visitors.
	The Government decided to provide VND 25 billion from the Fund for Trade and 
	Tourism Investment Promotion to this campaign. However, the capital has not 
	been allocated to the tourism industry yet, said Nguyen Manh Cuong, VNAT’s 
	Vice Chief, 
	Vietnam tours.
	Cuong said to advertise the “Impressive Vietnam” abroad, VNAT has to borrow 
	money from various donors.
	“Expenditures for a fair in Spain, Germany, and Australia are very costly. 
	Hiring stalls at a tourism exhibition in Germany costs us VND 1 billion (US 
	$58,800),” said Cuong.
	Advertising “Impressive Vietnam” on CNN in Europe, USA, and Australia, some 
	local channels in China, NHK in Japan, and KBS in South Korea, as well as 
	organizing survey tours for journalist and travel agents have not been held 
	yet due to the shortage of funding.
	The Deputy Director of the HCM City Department of Culture, Sports and 
	Tourism, La Quoc Khanh, said it is needed an open financial mechanism to 
	timely advertise Vietnamese tourism, otherwise Vietnam will miss the chance.
	The director of Hanoi tourist, a large 
	
travel firm in Vietnam, Luu Duc Ke, 
	said because of the fall of foreign tourists to Vietnam, his company is very 
	careful with overseas tourism promotion programs. Some provinces and travel 
	companies are trying to advertise themselves abroad but they have to beg 
	airlines and hotels to reduce fees.
	In the last two months, the number of foreign visitors to Vietnam fell by 
	10% year on year. 
VietNamNet.