MUMBAI, INDIA -
Media OutReach Newswire
- 9 May 2026 - Vinpearl Joint Stock Company has signed Memoranda of
Understanding (MoUs) with Thomas Cook India, SOTC Travel, and
MakeMyTrip, three of India's leading travel and tourism companies. The
strategic partnerships are aimed at directly and comprehensively
reaching all customer segments, helping position Vietnam as a "preferred
destination" in the world's most populous country.
The agreements were signed at the Vietnam–India Business Forum, held as
part of the State visit of General Secretary and President To Lam to
India, in the presence of General Secretary and President To Lam and
Maharashtra Chief Minister Shri Devendra Fadnavis.
The partnerships are expected to open direct access channels to all
customer segments, stimulate travel demand and experiential tourism, and
ultimately position Vietnam as a "preferred destination" for India's
1.47 billion people.
Representing India are three of the country's most influential and
trusted travel distribution channels: Thomas Cook India, SOTC Travel,
and MakeMyTrip. Thomas Cook India has strong expertise in group travel,
corporate travel, and large-scale MICE tourism. SOTC Travel is well
known for family vacations, group tours, and mid- to high-end leisure
travel. Meanwhile, MakeMyTrip, India's leading online travel platform,
has a strong advantage in reaching younger travelers, independent
tourists, and digitally-driven booking behaviors.
Representing Vietnam is Vinpearl, the country's leading hospitality,
tourism, and entertainment brand, operating nearly 60 properties
nationwide. Its diverse five-star "all-in-one" ecosystem offers
accommodation, shopping, dining, entertainment, golf, and MICE services,
making it particularly well-suited to the travel preferences of Indian
visitors, including large group travel, multi-generational family
vacations, and experience-rich holidays.
Through these partnerships, the parties aim to maximize each other's
strengths, enhance tourism development capabilities, and shape tailored
travel products, gradually positioning Vietnam as a "preferred
destination" for Indian travelers in the near future.
Speaking at the event, Ms. Ngo Thi Huong, CEO of Vinpearl, said: "
India
is one of the key markets in Vinpearl's international expansion
strategy. Through partnerships with leading industry players, we are not
only broadening our market reach but also proactively developing
products tailored to each customer segment. Vinpearl aims to strengthen
its presence in the Indian market while contributing to positioning
Vietnam as an attractive and distinctive destination on the global
tourism map."
Mr. Anubhav Bansal, Vice President of MakeMyTrip and representative of the three Indian partners, added: "
Vinpearl
operates one of the region's leading integrated tourism and hospitality
ecosystems, with a scale, product diversity, and destination experience
portfolio that increasingly align with the preferences of Indian
travelers. We believe Vinpearl is playing an important role in
positioning Vietnam as an attractive destination for this market.
Combined with the extensive distribution strengths of both sides, this
partnership is expected to significantly boost Indian tourist arrivals
to Vietnam in the coming years."
India is currently the world's most populous country, with 1.47 billion
people. The country's rapidly expanding middle class is driving a strong
surge in demand for international travel.
Recognizing the strategic importance of the Indian market, Vinpearl has
not only leveraged its scale and integrated "all-in-one" ecosystem but
has also continuously developed specialized offerings for Indian
travelers, including luxury wedding tourism, MICE travel,
multi-generational family holidays, group trips, and couple getaways. In
2025, the number of Indian guests staying within the Vinpearl system
surged by a record 402% year-on-year, followed by a further 335%
increase during the first four months of this year compared to the same
period last year.
The signing of MoUs with these three major market access partners marks
the next step in Vinpearl's strategy to sustainably grow its visitor
base from the 1.47 billion-population Indian market, while also helping
position Vietnam as a "preferred destination" for Indian travelers.
https://vinpearl.com/en