Russian tourists in the city of Nha Trang. Photo: Nguyen Chung
A Vietnamese-Russian venture will halt charter flights to Phu Quoc and Ho Chi Minh City in the new year due to a significant drop in the number of tourists, news website Thoi Bao Kinh Te Saigon (Saigon Times) reported.
Hoang Thi Phong Thu, chairman of the Anh Duong Company, the Vietnamese firm that has partnered with Pegas Touristik, said the venture cannot tell when the flights will be resumed.
In December, the venture ran just 10 charter flights to Phu Quoc and one flight to HCMC, she said.
Although the venture reported 190,000 Russian tourist arrivals this year, a 20-percent annual increase, it estimates that the arrivals will drop by a half between late 2014 and early 2015.
Due to the rapid decline of the ruble, the company will refocus on bringing visitors from other markets to Vietnam, Thu said.
The Anh Duong Company has already begun a monthly charter flight from Kazakstan.
According to statistics from the Vietnam National Administration of Tourism, the country welcomed over 330,000 Russian tourist between January and November--up 25 percent year-on-year.
A source familiar with the market predicted that the decline of the ruble would halt certain Russian charter flights to the south-central province of Khanh Hoa, home to the resort town of Nha Trang, next month.