Hanoi (VNS/VNA) 🍃- Vietnam is setting its sights high, aiming to attract 22-23 million international visitors this year. While ambitious, this target reflects the country’s steadfast commitment to positioning tourism as a key pillar of economic growth.
Despite the remaining effects of the COVID-19 pandemic and the devastation wrought by natural disasters, Vietnam’s tourism sector has staged a stunning recovery. The country welcomed 17.5 million international visitors last year, reaching 98% of the pre-pandemic figures recorded in 2019. This pace of recovery places Vietnam ahead of regional peers like Thailand (88%) and Singapore (86%). However, industry experts caution against overconfidence, noting that while progress is impressive, the sector cannot afford to become complacent. The economic challenges of 2024, marked by natural disasters, including widespread flooding, could have derailed Vietnam’s tourism resurgence. Yet, the Vietnam National Authority of Tourism (VNAT) reported that the country achieved the highest tourism recovery rate in Southeast Asia. The jump from 12.6 million international visitors in 2023 to 17.5 million in 2024 is nothing short of remarkable. Vietnam now ranks third in Southeast Asia for international arrivals, surpassing Singapore’s 16.5 million visitors, and trailing only Thailand (35 million) and Malaysia (24.5 million). On the domestic front, Vietnam saw around 110 million travellers last year, contributing an estimated 840 trillion VND (33.34 billion USD) to tourism revenue.'New era for tourism industry'
Challenges on the horizon
While Vietnam’s progress is commendable, experts stress the importance of staying competitive in an increasingly fierce global tourism market. Malaysia welcomed 28 million international visitors in 2023, far outpacing Vietnam’s 17.5 million in 2024. Although Singapore drew fewer visitors -about 15 to 16 million – its compact size (just 100 sq.m larger than Phu Quoc) makes direct comparisons tricky. Thailand remains a formidable benchmark, attracting 36 million visitors in 2024. With a population of 72 million, that equates to one tourist for every two Thai citizens. To achieve a similar ratio, Vietnam, with a population exceeding 100 million, would need to welcome around 50 million international visitors. Nearly 2.1 million foreign visitors arrived in Vietnam in January, an increase of 18.5% compared to the previous month and up 36.9% compared to the same period last year, according to the monthly report by the General Statistics Office. Visitors from Asian markets accounted for the majority of those arrivals in January with 1.6 million visitors, followed by European countries with 266,700 visitors, and those from the Americas, 119,700. Khanh emphasised that the next phase of Vietnam’s tourism strategy will prioritise sustainability, quality and brand positioning, highlighting the goal of offering high-end, unique and memorable experiences that will establish Vietnam as a leading global destination, rather than focusing solely on visitor numbers. Efforts will also include innovative promotional campaigns and policy adjustments aimed at fostering long-term growth. Vietnam’s commitment to excellence has already been recognised internationally.
VNA