Press Release / Industry / Vietnam Tourism to Witness Sharp Rise in International Tourist Arrivals

Vietnam Tourism to Witness Sharp Rise in International Tourist Arrivals

Vietnam is one of the most popular tourist destinations in the Asia-Pacific region and its tourism industry has been growing unprecedentedly for the past few years. Being a source as well as destination market, the Vietnamese tourism industry has grown nearly twice as fast as GDP in recent years. The government’s support has been the key driving force for this industry. The government has been readily spending on the promotional activities all around the world to boost the nation’s tourism industry. According to our research report “Vietnam Tourism Industry Forecast to 2012”, 6.6 Million international tourists are expected to travel to Vietnam by 2013 from 4.3 Million in 2010.

As per our research, this growth will be mainly driven by the increase in the government expenditure along with an increase in FDI in the tourism sector. With more and more investments made by private players in the hospitality sector, immense offers and services will be there, attracting tourists throughout the year. In addition, with the improvement in economies of the countries like, China, Japan, the US, etc., more and more tourists will travel to Vietnam in coming years.

Our report covers detail analysis of untapped opportunities in major cities like, Hanoi, Ho Chi Minh, and Da Nang and it has been found that tourist arrival in Da Nang is constantly increasing on the back of few factors discussed in the report. Apart from this, the report incorporates an extensive research and rational analysis of the Vietnamese tourism industry. It provides segment-level analysis of the industry along with future trends that may shape up with the improvement in economic conditions.

Our research study will help consultants, industry analysts, and vendors to get in-depth knowledge of the current, past, and future performance of the industry. Our report also includes industry forecast and estimates along with detail information about the key players operating in the Vietnamese tourism industry.