Print article

VN enters Top 10 fastest growing tourism markets

VGP – The number of foreign arrivals to Viet Nam rocketed, from 8 million in 2015 to 15.5 million in 2018, with annual growth rate averaging 25%. Viet Nam became one of ten countries with the fastest growing tourism pace, according to Minister of Culture, Sports and Tourism Nguyen Ngoc Thien.

October 31, 2019 2:53 PM GMT+7

Illustration photo

Minister Thien made the announcement on October 31 at the 8th session of the 14th National Assembly.

In the reviewed period, the number of domestic guests grew 1.4 times from 57 million to 80 million, contributing 8.4% of GDP. 

In the first ten months of 2019, Viet Nam welcomed 14.5 million foreign guests, representing a year-on-year growth of 13% in comparison with 4% and 5% growth paces in the world and the Southeast Asian region, respectively.

Viet Nam’s tourism competitiveness also jumped 12 notches to the 63rd position out of 140 countries. 

The Minister also pointed out shortcomings of the tourism sector including low quality and the lack of diversified tourism products. 

To convert tourism into a spearhead sector, the Minister underlined the necessity to develop tourism as a multi-sector integrated economy; mobilize social engagement; boost tourism promotion and IT applications; facilitate travel regulations./.

By Khanh Phuong