Vietnam vows to attract 15 million foreign travelers in 2018

VietNamNet Bridge – While large travel firms are optimistic about the government plan to attract 15 million foreign travelers in 2018 and obtain total revenue of VND620 trillion, some analysts doubt the feasibility. Vietnam hopes it can receive 15 million foreign travelers in 2018 A representative of a HCMC-based travel firm said the number of foreign travelers to Vietnam may reach 16.5 million in 2018, or higher than the targeted figure.  He said the achievements to be gained in 2018 would be great following a very prosperous 2017. “The 30 percent growth rate in tourism revenue in 2017 is a dream of many countries,” he commented. Vietnam is witnessing increasingly high numbers of travelers from two major markets – South Korea and China — with growth rates of 48.6 percent and 56.4 percent in 2017. Other markets have also shown high growth rates, including Hong Kong (37.9 percent) and Russia (32.3 percent), which has bounced back after a period of interruption.  The upward trend in tourism in Asia Pacific and the world is believed to become clearer in 2018, particularly with the launch of new budget air carriers and increasingly high number of Chinese travelers. Meanwhile, Vietnam has advantages to lure foreign tourists. It has natural, social and cultural conditions to develop a wide range of tourism products. It’s political certainties, low travel costs and low labor costs are also factors that prompt travelers to come to Vietnam.  Chair of the Vietnam Tourism Association Nguyen Huu Tho commented that Vietnam… [Read full story]

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