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Vietnam proposes 10-year Golden Visa program to boost trade and tourism

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Vietnam is poised to revolutionise its tourism and investment scene with the introduction of a 10-year golden visa program. This initiative aims to attract long-term tourists, investors, and foreign professionals, positioning the country as a key player in Southeast Asia's travel and investment sectors.

Vietnam's larger plan to transform from a destination for short-term tourists to a center for sustainable travel and international collaboration includes the golden visa. By providing long-term, renewable residency to people who make substantial contributions to the country's tourism, innovation, or economy, Vietnam hopes to promote closer cultural and economic contacts.

Records further add that the number of Indian tourists visiting Vietnam has significantly increased in recent years, which makes India a major source market for Vietnam. This increase is partly due to improved flight connectivity from key Indian cities, such as Delhi, Mumbai, Chennai, and Kolkata, which has made Vietnam more accessible.

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Startups, remote professionals, and Indian investors are showing strong interest in Vietnam’s golden visa initiative. With its energetic economy, youthful workforce, and strategic geographical position, Vietnam presents fertile ground for growth in sectors such as IT, textiles, renewable energy, and tourism infrastructure. For Indian professionals—especially digital nomads and those in emerging tech fields—the chance to live and work in a vibrant, cost-effective, and globally connected country like Vietnam is highly appealing.

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Vietnam's visa process has become increasingly digital-friendly, particularly for Indian citizens. eVisas for tourism and short-term business are already available entirely online, eliminating the need for physical embassy visits. The upcoming golden visa is expected to follow suit, with application procedures designed to be clear, secure, and time-efficient.

Beyond economic prospects, Vietnam has in offer a lifestyle that comes with a mix of traditional charm and modern comfort. There are cities like Ho Chi Minh City, Hanoi, and Da Nang that are well-known for their safety, affordability, and ever-growing selection of international schools, hospitals, and housing options. From the misty mountains of Sapa to the beaches of Nha Trang, and from the bustling street food alleys of Hanoi to the historic temples of Hue, Vietnam is all about offering rich, immersive experiences for those who choose to call it home .

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Vietnam's proposed 10-year golden visa in a way indicates a strategic shift towards the agenda of luring more long-term visitors and investors. Its move to simplify residency pathways and offer a blend of economic opportunity and quali ty of life, Vietnam is positioning itself as an attractive destination for Indian travellers, entrepreneurs, and professionals seeking to engage more deeply with Southeast Asia.
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