Vietnam’s tourism sector is set to witness strong growth in the next five years, with international tourism arrivals expected to surpass pre-pandemic levels in 2024, according to The Business Times of Singapore.
Foreign visitors go for a stroll near Hoan Kiem Lake in Hanoi. (Photo: VNA)
Hanoi (VNA)– Vietnam’stourism sector is set to witness strong growth in the next five years, withinternational tourism arrivals expected to surpass pre-pandemic levels in 2024,according to The Business Times of Singapore.
The daily cited Fitch Solutions’latest report as saying that Vietnam’s tourism sector is forecast to record 11.1billion USD in revenue in 2024, which would exceed the 10.8 billion USDearned in 2019, before the COVID-19 pandemic broke out. The takings areprojected to rise to around 13.2 billion USD by 2026, with more than 22 million arrivals in the country.
Like many othercountries in the region and beyond, Vietnam closed most of its border gates in2020 and 2021, before reopening to foreign visitors last March.
Noemi Perez, General Manager of Melia Ba Vi Mountain Retreat,said the country’s flexible response policy has given foreign touristsmore entry advantages, and that they assessed Vietnam as one of the countrieswith convenient entry procedures, a safe environment, and many places to visit.
After the pandemic, Vietnam is increasing incentives togradually make up for losses in the pandemic.
Data from Google Destination Insights show that Vietnam isamong the leading international destinations where accommodation demand surgesthis year. There are an estimated 100 hotel projects currently underconstruction in the country.
Observers held that this is a strong signal indicating thatthis market will continue growing in the coming years, The Business Times reported./.
The south-central province of Binh Thuan, one of the popular tourist destinations in Vietnam, has issued a plan for the training and development of the tourism workforce from 2022 – 2025, with a vision towards 2030, in an effort to revive the pandemic-stricken industry.
Secretary of the Party Committee of Quang Nam province Phan Viet Cuong on August 22 received Let Xaynhaphon, Secretary of the Party Committee of Laos’s Attapeu province, who is leading a delegation to visit the Vietnamese central locality.
Vietnam has now reopened to international tourism. Travel site The Culture Trip recently listed six interesting activities in Vietnam that all visitors should experience while here.
Ho Chi Minh City will host the Asia & Oceania Gala Ceremony of the World Travel Awards (WTA) 2022 on September 7, launched to acknowledge excellence in the travel and tourism industry.
To meet the adventure tourism needs of visitors to mountainous Mu Cang Chai district in Yen Bai province, driving off-road ATVs, or all-terrain vehicles, is being trialled as a tourism offering.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Foreign visitors go for a stroll near Hoan Kiem Lake in Hanoi. (Photo: VNA) 
