New products, services needed to reach tourism targets
To realise the targets of attracting 110 million tourists and earning some 650 trillion VND (27.5 billion USD) in revenue this year, Vietnam is recommended to develop more products and services to offer new experiences to visitors.
Hanoi (VNA) – To realise the targets of attracting 110 million tourists and earning some 650 trillionVND (27.5 billion USD) in revenue this year, Vietnam is recommended to developmore products and services to offer new experiences to visitors.
TheVNDirect Securities JSC held that the aviation and tourism industries willrecord breakthrough growth from 2023 thanks to the strong recovery ofinternational markets.
Thenumber of foreign arrivals in Vietnam is predicted to completely return to pre-pandemiclevels by next year 2024 and be equivalent to 118.9% of the 2019 figure, before the COVID-19broke out, a year later, the Lao dong (Labour) daily reported.
TheUN World Tourism Organisation (UNWTO) recently also forecast the internationaltourist number may reach 80 - 95% of pre-pandemic levels in 2023.
TheVietfoot Travel company said the country’s tourism sector, including travel andevent planning firms, will have opportunities to bounce back and soon regainits 2019 growth trend.
Vietnamwelcomed 871,200 international arrivals in January. It targets 8 million foreigners for this year.
Foreign tourists visit the Old Quarter of Hanoi by pedicab. (Photo: VNA)
Despitea surge in the tourist number since the year’s beginning, the sector is stillfacing difficulties and challenges.
Laodong quoted General Director of the Vietnam National Administration of TourismNguyen Trung Khanh as saying that due to impacts of the global economic recessionand domestic socio-economic changes, travellers’ purchasing power has decreasedand they tend to curb spending on middle- and high-end services.
Toachieve the set targets, many experts recommended the sector develop new productsand services, diversify and improve the quality of services, and increaseexperiences to meet tourists’ demand.
Theyadded travel businesses should also increase communications and promotionactivities, stay updated with market trends, and ensure security and safety ofdestinations. It is also necessary to enhance tourism connectivity amonglocalities to attract more domestic and international visitors./.
Many units of Vietnam were named in categories of the ASEAN Tourism Awards at a ceremony held as part of the ASEAN Tourism Forum 2023, which wrapped up in Jakarta, Indonesia on February 5.
The northern province of Ninh Binh has been named among the 10 most welcoming regions in the world, one of the category of the Traveller Review Awards 2023 recently announced by Booking.com, a hotel booking app covering 228 countries and territories.
As a result of Ho Chi Minh City’s unceasing efforts to diversify tourism products, several has been listed among the top 20 unique tours promising interesting experiences for travellers in Vietnam.
Despite near-term trade headwinds, tourism has emerged as a source of growth for Vietnam to mitigate the challenges ahead in 2023, according to the “Vietnam at a glance” report released by HSBC on February 6.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Visitors to Hanoi on a bus tour (Photo: VNA) 
Foreign tourists visit the Old Quarter of Hanoi by pedicab. (Photo: VNA) 
