Over the past ten years Vietnam has experienced an extraordinary growth in tourism industry as the numbers of people applying for a Vietnam travel goes up; the increase has been experienced from the 1998 which shows up to 286%, with a farther increase in the late years where there has been an increase of 20%. The number tourists planning for a Vietnam travel is expected to go much higher as a result of the combined effects of the global collapse and the 30% deflation that rocked the country, coupled with massive reduction in the price of fuel resulting in lower tour and accommodation prices. Prices have since begun to fall across the country, and many hotels have reduced their prices. With some many challenges in this industry, the number of guests is assumed to reach 4,350,000 – a 3.5-4% growth compared to the previous years, and it is reported that the Vietnam Administration of Tourism will soon begin running worldwide television adverts which will result to a much higher margin of guests visiting Vietnam.
Currently tourism generates $3 billion in revenue for Vietnam, which based on 2007’s GDP resulting to $71 billion (based on market exchange rate, not Purchasing Power Parity) means it accounts for 4.2% of the nation’s GDP, and is an important source of foreign currency that assists the Vietnam government to manage its debts and budget as well.
By 2010 the administration of tourism projects visitor numbers to rise to 6 million arrivals and $4 – $4.5 billion in revenue.
A survey done in 2010 showed that of the 8,300 tourists who responded 34% had visited Vietnam before, 74% felt Vietnam had a clean and beautiful environment and 66% complimented the country’s accommodation. Surprisingly just 65% stated they had enjoyed Vietnam’s food, something was expected to be ranked even much higher.
Over 65% of Vietnam’s visitors are from Asian countries, followed by 15% from Europe and 13% from North America. Top countries by visitor numbers in Asia include China, South Korea, Taiwan and Japan, followed by other South East Asian countries such as Thailand, Malaysia, Singapore and Cambodia.
Amongst ‘western’ countries the biggest source of visitors was the USA with 350,000 visitors, followed by Australia and France with between 150,000 and 200,000 visitors per year. The UK, Germany and Canada were trailing with between 70 and 90 thousand visitors per year.
African countries also contribute to the number of visitors who visits Vietnam though the margin for the African countries is very much lower as compared to this other continents. The main reason to why Vietnam travel has been among the best tourism attraction is due to the hospitality of the Vietnamese people who are very friendly to foreigners, with a very small margin of those who even steal from the visitors. Also the rate of security purely high and this makes anyone planning for a Vietnam travel to always have confidence and sure of his or her safety.
The Vietnam tourism departments will be happy if you call or mail them to book with them and enjoy the beauty of Vietnam, feel free to do so at any time.
