Vietnam Tourism Report - Business Monitor International - Industry Reports

Vietnam Tourism Report

Vietnam Tourism Report - Business Monitor International - Industry Reports
Vietnam Tourism Report
Published Sep 10, 2016
33 pages — Published Sep 10, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

----. Improved consumer confidence in Europe and Asia along with concerted government support for the sector will see inbound growth of -.- over the year to reach -.-mn arrivals, up from -.-mn in ----. Growth will be particularly strong in key tourist destinations such as Ho Chi Minh City, Hanoi and increasingly popular beach resorts. ...The strong growth in tourist arrivals will, in turn, provide tailwinds for the retail and wholesale sectors, as well as the hotel and restaurants industry, which we expect will sustain strong growth in the broader services sector. Developing transport infrastructure and a competitive airline industry - areas that the government is increasingly getting behind - would boost these figures even further, as would continued relaxation of visa restrictions for many Western markets. Given the prominent role played by the government in supporting the sector, a potential area of concern for the sector is Vietnam s shaky fiscal position, which remains precarious. ...According to the Vietnam Institute for Economic Research, the government s total spending in ---- was around VND--.-trn (USD-.-bn) higher than expected, with an estimated budget deficit of around -.- of GDP, versus a target of -.- .

...< ALACRA META ABSTRACT>BMI View: Visitor numbers have been strong in ---- after a below-average ----, and major international hotel groups have initiated new developments. This expansion, by both international and domestic chains, is expected to continue as companies look to capitalise on increasing arrival figures and up-and-coming areas. ...< ALACRA META ABSTRACT>BMI View: Visitor numbers have been strong in ---- after a below-average ----, and major international hotel groups have initiated new developments. This expansion, by both international and domestic chains, is expected to continue as companies look to capitalise on increasing arrival figures and up-and-coming areas. We expect very strong growth in the value of the hotel and restaurant industry over the forecast period. ...Total arrivals, ---, y-o-y --.- -.- -.- -.- -.- -.- -.- -.- International tourism receipts,

...The Vietnamese government recently held talks with tourism leaders in Thailand in a bid to improve relations and to strengthen the appeal of both countries to foreign tourists. The two countries agreed to share information on visitor preferences, assist each other with human resource training and jointly promote holiday destinations and attractions in both countries. ...� Recently, the Vietnamese government announced plans to introduce electronic visas from the beginning of ----. With many tourists currently facing expensive and lengthy visa application processes, it is hoped this will boost visitor numbers by making travel to the country much more simple and accessible. The government has already decided to prolong visa exemption for tourists from the UK, France, Spain, ...

  
Source:
Document ID
1747-9061
Country
Industry
Format:
PDF Adobe Acrobat
Buy Now

Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Vietnam Tourism Report" Sep 10, 2016. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Vietnam-Tourism-Report-2026-155>
  
APA:
Business Monitor International - Industry Reports. (2016). Vietnam Tourism Report Sep 10, 2016. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Vietnam-Tourism-Report-2026-155>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.