Since 1975, Tourism Company of Ho Chi Minh City (Saigontourist) was formed and had been in operation. It was officially renamed as Saigontourist Holding Company by the People’s Committee of Hochiminh city from March 1999 which included other companies under the name of Saigontourist. Since then, the business in hospitality and tourism industry of Saigontourist has continued so far.