tourism

Vietnam welcomed 1,711,512 international tourists in November, representing a month-on-month increase of 291,679 visitors or 20.54 percent, according to Vietnam’s General Department of Tourism. Year-to-date, the country has recorded 15,836,661 arrivals, marking a year-on-year increase of 38.8 percent. Asian visitors dominated the figures, contributing 1,357,769 arrivals in November, up by

Year-to-date, retail sales in this sector amounted to VND 44.01 trillion, or US$2 billion. While the overall performance remains steady, the October drop highlights challenges in maintaining growth momentum in travel and tourism services.

In September, sales in this sector were VND 62.45 trillion, equivalent to US$2.46 billion. By October, the figure had declined to VND 59.87 trillion, or US$2.36 billion, marking a month-on-month drop of 4.13 percent.

Despite the fluctuations, the accommodation and food services sector continues to attract interest, driven by Vietnam’s expanding tourism industry and growing demand for hospitality services. It’s expected that FDI levels will continue to grow, as Vietnam’s hospitality sector remains a key component of its economic and tourism growth trajectory.

Year-to-date, the CPI for culture, entertainment, and tourism rose by 1.91 percent from January to October 2024 compared to the same period in 2023. This steady growth is likely supported by rising consumer interest in leisure activities and tourism within Vietnam.