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Biz Traveler

Yeudulich.com open for business

Released at: 16:58, 04/12/2018

Yeudulich.com open for business

Photo: Yeudulich.com

E-commerce site for booking travel package tours launched on December 4 in Hanoi.

by Nghi Do

Yeudulich.com, an e-commerce site for booking travel package tours, was launched on December 4 in Hanoi.

This is the first website in Vietnam that supports travel companies to rapidly deliver last-minute discounted products to customers. The website is partnering with the top 200 leading travel companies in Vietnam. Vouchers are available for thousands of different tour packages and the website also allows for flexible payments, both online and offline. With technological functions integrated with diverse products, it is expected to be a platform connecting service providers and building the business community in tourism and travel reliably and sustainably.

Applying artificial intelligence (AI), the website arranges the order of appearance based on appropriate criteria such as the most interested people and the best price or on customer feedback. There are no advertisements.

In addition to the launch ceremony, a conference entitled “Digital Platforms in the Tourism Industry” was held at the same place on the same day, attended by representatives from the Vietnam National Administration of Tourism (VNAT), the Hanoi Department of Culture, Sports, and Tourism, 50 leading travel companies in the north, 20 airlines and tourism promotion agencies in other countries, and partners such as Techcombank, VPBank, and Coc Coc.

Co-founder and CEO of Yeudulich.com, Ms. Tran Thi Thu Trang, said the conference allows the website to complete its services to meet the needs of travel companies and consumers in Vietnam.

The global travel industry was valued at $2.57 trillion in 2017, with a workforce of 118.4 million. In Vietnam, the industry was valued at VND510.9 trillion ($21.96 billion) and is expected to reach VND1,400 trillion ($60.1 billion) by 2028. Vietnamese consumers are willing to spend more on vacations and travel. According to the Visa Global Travel Intentions (GTI) Study, Vietnamese travelers take the most shorts trips in the world, with Thailand, South Korea, Japan and Singapore being the top destinations.

On their next trip, Vietnamese travelers expect to spend a median $1,100 per trip, up from $880 on their last trip, according to the study. Seventy-four per cent of Vietnamese travelers use credit or debit cards when booking their trips, and while at their destination many do use cards, the majority prefer to carry foreign currency. Technology is helping travelers in their planning and navigation, of which 90 per cent go online in order to plan their trips, while 77 per cent use the internet while traveling in order to help guide them.

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