Includes 185 key indicators for Vietnam, curated by CEIC analysts. CEIC converts annual Tourism Revenue into USD. ", Vietnam National Administration of Tourism, Share of direct GDP contribution from the tourism sector in Vietnam from 2015 to 2019 Statista, https://www.statista.com/statistics/1077200/vietnam-share-tourism-sector-direct-gdp/ (last visited August 23, 2021), Share of direct GDP contribution from the tourism sector in Vietnam from 2015 to 2019, International tourist arrivals in Asia 2020, by country, Tourism sector GDP share in Asia 2020, by country, Per capita international tourism expenditure in Asia 2020, by country, Direct GDP contribution of the tourism sector in Vietnam 2015-2019, Annual revenue of the tourism sector in Vietnam 2010-2019, Tourism receipts from domestic and inbound tourism Vietnam 2015-2019, Number of ITAs in Vietnam 2020, by means of transport, Daily average expenditure of foreign tourists Vietnam 2005-2019, Average trip duration per international overnight visitor Vietnam 2019, by trip type, Number of domestic tourist arrivals in Vietnam 2010-2019, Daily average spending of domestic tourists Vietnam 2005-2020, Trip duration per domestic overnight visitor Vietnam 2019, by accommodation type, GDP contribution of accommodation and food services in Vietnam 2015-2020, Number of tourist accommodations in Vietnam 2015-2019, Average room rate of 4 and 5-star rated hotels Vietnam 2018-2019, Average occupancy rate of 4 and 5-star rated hotels Vietnam 2018-2019, Share of domestic and international guests in upscale hotels Vietnam 2017-2019, Number of tour operators Vietnam 2015-2019, Number of licensed tour guides Vietnam 2019, by type, Breakdown of valid foreign tour guides Vietnam 2019, by language, Most used online travel agencies Vietnam 2020, Devices used for booking tickets or services via an online travel agency Vietnam 2020, Number of inbound visitors to Vietnam 2019-2020, by month, Change in international tourist arrivals in Vietnam 2020, by means of transport, COVID-19 impact on hotel occupancy rate in Vietnam 2019-H1 2020, Travel plans for Tet holiday among consumers in Vietnam 2020-2021, Tour operators and travel agencies in Italy 2019, by month, Distribution of accommodation service workers with tourism education Indonesia 2018, Tourism employment growth in the United Kingdom (UK) 2009-2014, by sector, Tax contribution from inbound tourism in the UK 2010-2013, Tourism receipts per capita breakdown Singapore 2020, Number of rooms in 4-star tourist accommodations in Vietnam 2018-2019, by type, Domestic trips for holiday, leisure, and recreation purposes Indonesia 2010-2019, Growth of tourist accommodations in Vietnam 2009-2018, Number of domestic leisure trips in Australia 2008-2017, Inbound arrivals by road Indonesia 2010-2019, Italy: number of inbound tourists by month 2015-2016, Share of accommodation service worker by educational background Indonesia 2018, Number of domestic trips for other personal purposes in Australia 2008-2017, Outbound tourism departures in Poland 2007-2019, Monthly number of visitor arrivals in Kenya 2019-2021, by airport, Number of tour guides in Italy 2019, by month, Peru: number of foreign visitor arrivals 2010-2019, Latin America: average length of domestic & international trips 2018-2019, by country, COVID-19: impact on the tourism industry worldwide, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, share of domestic guests staying in upscale hotels, daily average spending of domestic tourists. This statistic is not included in your account. Vietnam is likely the top-performing Asian economy in 2020 — a feat that was achieved without a single quarter of economic contraction. The economy will grow by 5.4% in real terms in 2021—a slower pace relative to recent years, amid a struggle to contain localised coronavirus outbreaks and vaccinate the population. The Politburo has recently issued Conclusion No.120-KL/TW on overseas Vietnamese (OV) affairs in the new situation. This would be the lowest annual growth rate since the mid-1980s. Found insideVietnam's gross domestic product (GDP) growth rate by 2001 was 6.7% with industrial production increasing by 15.7%, and Vietnam tourism becoming an ... source: World Bank. By air. Though Viet Nam contribution of travel and tourism to GDP (% of GDP) fluctuated substantially in recent years, it tended to decrease through 2000 - 2019 period ending at 9.1 % in 2019. The economy began the fourth quarter on a robust footing according to available data. Vietnam National Administration of Tourism. Growth in 1Q of 2020 slowed to 3.8%, from about 7% in 4Q of 2019. Share of direct GDP contribution from the tourism sector in Vietnam from 2015 to 2019 [Graph]. Found inside – Page 9information in hand, the next chapter will contextualize the Vietnamese development story by critically reviewing the literature on states' negotiation with ... The State Bank of Vietnam average market exchange rate is used for currency conversions. Found inside – Page 248Vietnam's annual gross domestic product (GDP) growth rate by 2001 was 6.7 percent, with industrial production increasing by 15.7 percent, and Vietnam ... Quick View. Main services include tourism and telecommunications. Vietnam could expect a GDP growth rate of 6.76 percent this year, according to the National Center for Socio-Economic Information and Forecast (NCIF) under the Ministry of Planning and Investment.. How much the Vietnamese economy could pull ahead, however, would largely depend on the global economy, said Dr. Dang Duc Anh, deputy director of the NCIF. Dezan Shira & Associates' Service Brochure. June 29, 2021. A paid subscription is required for full access. Found inside – Page 2351 Country in Covid-19 Fight,” Vietnam Times, May 23, 2020, ... “Total Value of Tourism's Contribution to the Gross Domestic Product in Thailand From 2017 to ... 10-19 persons employed. Found inside – Page 308The industry's contribution to the country's GDP had reached 5.8 per cent. ... There have been two major problems facing Vietnam in its progress towards ... Found inside... Corridor (2020)” (Resolution 98/2008/QDTTg) was released by Vietnam with ... 70% of total GDP in Vietnam); attract 9–9.5 million foreign tourists and ... Found inside – Page 144The World Travel & Tourism Council estimated tourism's total contribution to the GDP of ... which were also the highest ratios in ASEAN (OECD, 2020). Found insideSome of Sri Lanka's Asian competitors are at a much higher level of tourism sector contribution to GDP, for example, Malaysia – 12.5%, Vietnam – 7.5%, ... You can only download this statistic as a Premium user. Found inside – Page 213This chapter analyses the development and contribution of the services sector to Vietnam's economy. It also discusses services trade liberalization under ... Found inside – Page 57Proceedings of the 4th International Seminar on Tourism (ISOT 2020), ... from the markets of Indonesia, Thailand, and Vietnam (Tourism Malaysia 2020). Vietnam: Economic growth accelerates in Q2. The Travel & Tourism sector suffered a loss of almost US$4.5 trillion to reach US$4.7 trillion in 2020, with the contribution to GDP dropping by a staggering 49.1% compared to 2019; relative to a 3.7% GDP decline of the global economy in 2020. Entry level access to the CEIC platform for individual users. The direct contribution of tourism to Vietnam’s GDP was nearly 279.3 trillion VND (12.57 billion USD), or 6.6 percent of GDP, ranking 40 th among 184 nations in the world. This website stores cookies on your computer. Hanoi (VNA) – The arrival of the 15 millionth foreign visitor of 2018 in Ha Long city, in the northern province of Quang Ninh, marks a successful year for the tourism industry. © 2021 CEIC Data, an ISI Emerging Markets Group Company. To find out more about the cookies we use, see our Cookies Policy. This feature is limited to our corporate solutions. The economy of Vietnam is a socialist-oriented market economy, which is the 37th-largest in the world as measured by nominal gross domestic product (GDP) and 23rd-largest in the world as measured by purchasing power parity (PPP) in 2020. In October, industrial production gained steam on a stronger manufacturing sector, while retail sales expanded notably and exports surged. As of 2019, contribution of travel and tourism to GDP (% of GDP) in Macau was 72 %. Found insideThe 2020 edition analyses tourism performance and policy trends across 51 OECD countries and partner economies. GDP by Country GDP Per Capita by Country Manufacturing by Country Debt to GDP Ratio by Country. Services represented 41.6% of GDP and employed 35% of the total workforce in 2020 (World Bank). GDP in Vietnam is expected to be 255.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam GDP is projected to trend around 281.00 USD Billion in 2020, according to our econometric models. Historical. Chart. In 2020, the industry sector contributed over 1,732 trillion Vietnamese dong to the gross domestic product (GDP) of Vietnam, the largest contribution among all sectors. November 17, 2020. The sector also will try to contribute 9 or 10% of the GDP by 2020. Tourism in Vietnam - Get the report with graphs and tables on statista.com! Vietnam has ranked ninth among the ten friendliest countries in the world, the World Population Review quoted a survey conducted by InterNations. Learn more about how Statista can support your business. The possible reinstatement of pandemic-related domestic restrictions and a potentially prolonged downturn in the tourism sector are downside risks, however. Our panelists expect GDP to expand 7.3% in 2021, which is unchanged from last month’s forecast, and 6.8% in 2022. 5 years of Vietnam economic forecasts for more than 30 economic indicators. Vietnam's Tourism Revenue reached 13 USD bn in Dec 2020, compared with 33 USD bn in the previous year. Found inside – Page 1401In line with national tourism policies, the VTB has developed several ... the total contribution of this sector represented 9.3% of Vietnam's GDP and 7.7% ... Vietnam: Industrial output growth dips in June. (July 9, 2020). Found inside – Page 48... to be the biggest contributor to gross domestic product (GDP) in Cebu City. ... Da Nang is the fourth-largest seaport in Vietnam and forms an important ... Vietnam National Administration of Tourism. Vietnam has minimised the economic damage from Covid-19 and is the only country in South East Asia on track for growth this year. Found inside – Page 4World Travel and Tourism Council (WTTC) has forecasted the contribution share of tourism on GDP in 2020 for some Greater Mekong Subregion countries ... Locations which are encouraged include qualifying economic and high-tech zones, certain industrial zones and difficult socio-economic areas. (2020). Quick View. GDP From Construction in Vietnam averaged 103998.76 VND Billion from 2013 until 2021, reaching an all time high of 261445 VND Billion in the fourth quarter of 2020 and a record low of 24018 VND Billion in the first … In tandem with small positive growth of tourist arrivals by +1.0% compared to 2018, the total tourist receipts contribution recorded a growth of +2.4%. There is no data available for your selected dates. Profit from additional features by authenticating your Admin account. Suitable for enterprise usage. Found inside – Page 7... case Lockdown stringency Open testing Tourism (share of GDP) COVID Gross ... 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