Travel and tourism in Vietnam contributed about 5% to the national GDP in 2011, which indicates a significant increase from the 3.9% it contributed in 2010. Travel and tourism also accounted for 3% of the country’s total employment in 2011. Vietnam’s tourist volume, which includes inbound, domestic and outbound tourists, increased during the review period (2007–2011). The main reasons for this growth include Vietnam’s growing economy, hosting of international fairs and exhibitions, government initiatives to promote the country as an attractive tourist destination, and increasing level of leisure and business travel. In 2011, Vietnam recorded the fourth-fastest inbound tourism growth in the world. The main growth drivers over the forecast period will be the government’s efforts to increase inbound tourism, the country’s improving consumer confidence and the high demand for promotional offers provided by travel and tourism suppliers.
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Reasons to buy
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