What Percent of Vietnam Is Tourism?

By Michael Ferguson

Vietnam is a beautiful country located in Southeast Asia, known for its picturesque landscapes, rich history, and diverse culture. It is one of the fastest-growing economies in the region and tourism plays a significant role in its growth.

In this article, we will explore the question – ‘What percent of Vietnam is tourism? ‘.

Overview of Tourism in Vietnam

Tourism has been a major contributor to Vietnam’s economy for several years now. The country has been attracting visitors from all over the world with its stunning beaches, vibrant cities, lush green mountains, and unique cultural experiences.

According to the Vietnam National Administration of Tourism (VNAT), 2019 was an exceptional year for tourism in Vietnam. The country welcomed more than 18 million international visitors, an increase of 16.2% compared to the previous year. This surge in tourist arrivals contributed significantly to the country’s GDP growth.

Tourism Industry Growth

The tourism industry has experienced remarkable growth over the past few years. In 2010, the total number of international arrivals was around 5 million, which increased to more than 18 million by 2019. This represents a growth rate of more than 250% over nine years.

The government’s efforts to promote tourism have been instrumental in driving this growth. The government has implemented various measures such as visa exemptions and simplified visa procedures for tourists from certain countries. Additionally, it has invested heavily in infrastructure development such as airports, roads, and hotels.

Contribution of Tourism to GDP

Tourism has become an important sector of the Vietnamese economy over time. According to a report by VNAT, travel and tourism directly contributed around 5.9% to Vietnam’s GDP in 2018. However, when indirect contributions such as investment and government spending are taken into account, this figure rises to around 12%.

What Percent of Vietnam is Tourism?

As of 2021, tourism contributes around 9% to Vietnam’s GDP. This figure has been steadily increasing over the years and is expected to continue growing in the future.

While there are no official estimates of what percent of Vietnam’s land area is dedicated to tourism, it is safe to say that tourism has a significant impact on the country’s economy. The government has been actively promoting tourism by developing new destinations, improving infrastructure, and offering tax incentives to businesses in the sector.

Conclusion

In conclusion, tourism plays a vital role in Vietnam’s economy. It has become one of the fastest-growing sectors and contributes significantly to the country’s GDP. With its stunning natural beauty, rich culture, and welcoming people, it is no surprise that Vietnam has become one of the most popular tourist destinations in Southeast Asia.