Tourism

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Offering 3200 km of coastline and spectacular white sand beaches, mountainous highlands popular with adventure tourists and a vast array of cultural, historic and culinary attractions, Vietnam has seen its tourism sector become a major economic growth driver in recent years. The sector has recorded positive performances across the board...

Chapter | Tourism from The Report: Vietnam 2017

Offering 3200 km of coastline and spectacular white sand beaches, mountainous highlands popular with adventure tourists and a vast array of cultural, historic and culinary attractions, Vietnam has seen its tourism sector become a major economic growth driver in recent years. The sector has recorded positive performances across the board, including international arrivals, domestic tourists,...

After years of strong economic growth and surging foreign direct investment, Vietnam today is emerging as a key middle-income country in the South-east Asian political and economic sphere. A nation of ancient traditions with a youthful and energetic population, Vietnam is also moving through a period of additional economic reforms, while continuing to leverage its strategic location and strong international relations to further boost its rapidly growing overseas trade activity.

 

The global medical tourism industry is dynamic. According to research firm Allied Market Research, the global industry will grow at a compound annual growth rate of 15.7% to reach $143.8bn by 2022.

 

In addition to beaches and culture, what other areas can be leveraged to boost sector growth?

 

Receiving more than 35m international visitors in 2016 – 2.8m over 2015 – Mexico continues to move up the world tourism league table. The country’s ranking in terms of arrivals in global tourism destinations improved from 10th to ninth position in 2016, according to the UN World Tourism Organisation. A weak peso has boosted margins for...

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