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Vietnam visa fee decrease from 23rd November

According to official data, the foreign arrivals to Vietnam reached 626,000 in September, drop 5.8% from August. It was up 8.3% over the same month last year, but the total arrivals for the first nine months were down 5.9%.  The statistic really concerns the officials.  In a bid to boost tourism and business, the Ministry of Finance has recently announced the cutting down of visa fee to foreigners entering Vietnam from 23rd November.  Here is a highlight of the new visa fee structure:

•  Single entry visas will cost $25 instead of the current $45. For those who travel from Vietnam to Lao, Cambodia… and return Vietnam for a stay of less than 30 days, they will only have to pay $5.
•  The new stamping fee of multiple entry visas valid for less than 3 months will be $50, down from the current $95
•  However, the cost of 6 months and 1 year multiple entry visas remain unchanged at $95 and $135, respectively.
•  Besides, the foreigners will have to pay $145 stamping fee for 2 year multiple visa and $155 if registering 5 year multiple visa.

New regulations are expected to help boost the growth of tourism so that its contribution to the Gross Domestic Product of the economy. 

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