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Vietnam Tourism Report Q1 2017

  • November 2016
  • -
  • Business Monitor International
  • -
  • 34 pages

Includes 3 FREE quarterly updates


BMI View:

Vietnam's tourism sector will experience solid growth in tourist numbers over the forecast period to 2020. Both domestic and international groups will continue investing in the hotel industry, looking to capitalise on increasing arrival figures and underdeveloped tourism spots, as well as government support for the industry. Inbound arrivals will be bolstered by increasing interest from the Asia Pacific region, most notably China, South Korea and Japan, while European tourists will also be significant. This will also drive an increase in international tourism receipts, encouraging further investment from the government and private groups.

Key Updates And Forecasts


- International tourist arrivals have risen 25.0% y-o-y in 9M16 ending September 2016 according to national data. BMI expects strong inbound tourist arrival growth this year, with total tourists reaching 8.4mn. Greatest growth is expected from neighbouring regional sources markets such as China, Japan, Hong Kong and South Korea.

- The government is implementing a new simplified 'e-visa' policy to further boost tourism from 2017 onwards, aiming to open up online visa applications for tourists from top source markets.

Table Of Contents

Vietnam Tourism Report Q1 2017
BMI Industry View 5
Table: Key Forecasts (Vietnam 2013-2020) 5
SWOT 7
Industry Forecast 9
Table: Inbound Tourism (Vietnam 2013-2020) 14
Table: Tourism Receipts (Vietnam 2013-2020) 16
Table: Hotel Accommodation (Vietnam 2013-2020) 18
Table: Tourist Departures (Vietnam 2013-2020) 19
Industry Risk/Reward Index 20
Table: Asia Tourism Risk/Reward Index 20
Rewards 21
Risks 21
Security Risk 22
Market Overview 23
Competitive Landscape 28
Domestic Hotel Groups 28
Table: Domestic Hotel Groups 28
International Hotel Groups 29
Table: International Hotel Groups 29
Methodology 31
Industry Forecast Methodology 31
Risk/Reward Index Methodology 32
Table: Weighting Of Indicators 34

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