return icon

HCM City, Hanoi earn highest revenue from tourism

In the first seven months of 2022, localities across the country recorded a high increase in tourism revenue led by HCM City, Hanoi, Thanh Hoa, and Quang Ninh.
Tourists explore HCM CIty on a double-decker bus tour. — VNA/VNS Photo My Phuong

HCM City received the highest number of tourists in the first seven months of the year, welcoming 13.3 million domestic visitors, up 71.73 per cent over the same period last year, together with around 765,600 international tourists. The total tourism revenue of HCM City is estimated at VND60.38 trillion (about US$2.58 billion).

The city earning the second highest tourism revenue is Hanoi, at VND31.9 trillion ($1.36 billion), 3.9 times higher than the same period in 2021.

Welcoming over nine million visitors, the central province of Thanh Hoa ranks third, earning VND16.394 billion from tourism, an increase of 3.6 times compared to the same period of last year and reaching 91.5 per cent of the whole year plan.

The northern province of Quang Ninh received about 4.7 million visitors, equivalent to 104.4 per cent of the growth target of 2022. Tourism revenue of the province is estimated at VND12.129 billion, up 131 per cent over the same period.

Other provinces with strong tourism revenue include Da Nang, Nghe An, Lao Cai, Khanh Hoa, Kien Giang and Binh Thuan.

According to the General Statistics Office (GSO), the national revenue generated from tourism hit VND11.9 trillion ($509.85 million) in the first seven months of this year, a 2.7-fold rise year-on-year due to the strong recovery of tourism activities.

Vietnam welcomed 954,600 foreign visitors from January to July, 10 times higher than the figure in the same period last year.

However, the seven-month number still falls short of the pre-pandemic figure, representing a drop of 90.3 per cent compared to 2019. Visitors coming by air accounted for 87.1 per cent of the total, 13.5 times higher than the figure for the same period last year.

According to Deputy Director General of the Vietnam National Administration of Tourism Pham Van Thuy, the country has set a target of receiving about 65 million visitors, including 60 million domestic tourists and 5 million foreigners. Vietnam has so far welcomed about 71.8 million domestic visitors, exceeding the set target, though the number of international visitors has not yet reached one million.

As the peak season for foreign tourists to Vietnam falls from September this year to April next year, the goal is still achievable, though dependent on many factors, including the pandemic, he said.

Thuy went on to say that the tourism industry will continue to coordinate with relevant partners in other countries to conduct promotion programmes to realise the desired target. 

Source: Vietnam News



Two more national parks nominated ASEAN heritage ones

Coc Coc browser, search engine recognised national digital platform

Vietnamese-developed Coc Coc browser and search engine is now eligible to become a digital platform serving the people in 2022, the Ministry of Information and Communications announced on October 7.


Vietnamese firms attend M-Tech Osaka 2022 expo

Vietnam Airlines flight makes emergency landing to save German passenger

A Vietnam Airlines flight en route from Germany to Ho Chi Minh City made an emergency landing at Baku Heydar Aliyev Airport of Azerbaijan on late October 6 to save a German passenger with health problem.

SSC warns investors about online securities trading apps

Some businesses have created websites and trading applications, such as Passion Invest, Finhay, Tikop, Infina, Savenow and BUFF, to raise capital under unlicensed business cooperation contracts.

Investors warned of the possibility of corporate bond default

In the financial market, investors need to keep in mind the principle of high risk, high return. Therefore, the higher the bond yield, the greater the probability of default.

PetroVietnam, BSR seek foreign capital for Dung Quat

A delegation of officers from PetroVietnam and Binh Son Oil Refining and Petrochemical JSC has attended a thematic seminar on export funding – TXF Asia 2022 – in Singapore.

Lenders look further afield for recruitment

As digital transformation calls for a different set of skills and knowledge, many financial institutions are turning to the overseas market for recruitment.

Moss-covered houses on Tay Con Linh Mountain

The moss-covered houses of the Dao ethnic people are among the special features of Tay Con Linh Mountain in the northern province of Ha Giang.

PM orders karaoke service licensing be tightened

The prime minister has ordered the Ministry of Culture, Sports and Tourism to study and issue more stringent karaoke service licensing regulations.

Six airports proposed for expansion under PPP format

The Ministry of Transport has written to the prime minister proposing upgrading and expanding six airports under the public-private partnership (PPP) format.

VN companies can now compete fairly with cross-border platforms

Cross-border TV OTT platforms will have to have operating licenses and pay tax, and domestic firms will be subjected to looser censorship, thus creating opportunities for domestic firms to compete with foreign ones.

Vietnam ranks 48th in 2022 Global Innovation Index

Vietnam is placed 48th among 132 economies in the Global Innovation Index 2022.

New UNDP Resident Representative pledges support to Vietnam’s development

Ramla Al Khalidi, newly-appointed UNDP Resident Representative in Vietnam, has pledged to further support Vietnam’s development, covering climate change response and the settlement of bomb and mine consequences.

VN should not become a place where investors exploit only cheap labor

Vietnam wants foreign investors to come to cooperate and not build closed facilities that are separate oases in the economy, former chair of the Vietnam Confederation of Commerce and Industry (VCCI) Vu Tien Loc said.