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Competence centres for the development of sustainable tourism and innovative financial management strategies to increase the positive impact of local tourism in Thailand and Vietnam

Funder: European CommissionProject code: 585785-EPP-1-2017-1-AT-EPPKA2-CBHE-JP
Funded under: ERASMUS+ | Cooperation for innovation and the exchange of good practices | Capacity Building in higher education Funder Contribution: 915,639 EUR

Competence centres for the development of sustainable tourism and innovative financial management strategies to increase the positive impact of local tourism in Thailand and Vietnam

Description

The tourism industry in Thailand and Vietnam are among the fastest growing in the world and is the employer of a high number of locals. In order to preserve the benefits gained from tourism also in the future it is important to protect the natural resources, the environment and the people. The concept of sustainable tourism when applied accurately, can support the tourism industry to grow further in a sustainable way. The concept itself is rather new to HEIs in Thailand and Vietnam, therefore with the TOURIST project we tried to increase the awareness and understanding of sustainable tourism. It was done with expert trainings and the introduction of competence centres for sustainble tourism and innovative financial management strategies at Thai and Vietnamese higher education institutions.Through expert training, academic staff, students and companies received upgraded knowledge on sustainable tourism and innovative financial management strategies. With the trainings the following aims were targeted::- spread of knowledge of sustainable tourism during the counselling sessions within the competence centres,- increase of the number of projects on sustainable tourism and,- making sure that these projects will be funded by innovative financial management strategies in the future to generate a long-term growth of sustainable tourism in Thailand and VietnamTo expand generated knowledge in the project a network for ST and IFS was established. It was promoted through three cross-border conferences. Furthermore, with the network also an important aim to sustain the network beyond the project end to add value in the tourism industry primarily in South-East Asia was accomplished. Through the intensive cooperation with companies, associations and governmental bodies throughout the TOURIST project, the university-business cooperation improved and became stronger. All implemented activities increased employability of students and employees in the tourism sector, increased the teaching standards at Universities and increased interest and the number of initiatives on sustainable tourism and innovative financial management strategies through improved networking.

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