Vietnam National Administration of Tourism
Latest News about Vietnam National Administration of Tourism
The Vietnam National Administration of Tourism (VNAT) and the Vietnam Grand Prix Corporation (VGPC) on February 21 inked a cooperation agreement on promoting the country’s tourism in association with the Formula One race.
Vietnam greeted over 18 million international tourists in 2019, the highest level so far, according to the General Statistics Office.
The tourism sector has set the goal of attracting 20.5 million international visitors in 2020 and serving 90 million domestic travellers.
The Vietnam Travel & Tourism Summit 2019 opened in Hanoi on December 9 with four symposiums taking place in the morning to discuss bottlenecks of Vietnam’s tourism.
In 2018, the government approved to establish a public tourism development fund with an initial annual budget of US$4.3 million.
The 14th National Assembly will debate this week some draft laws, including the law amending and supplementing some articles of the law on entry, exit, transit and residence of foreigners in Vietnam, as part of the ongoing eighth session.
As of the second quarter of 2019, Vietnam ranks fourth in Southeast Asia in international arrivals, after Thailand, Malaysia and Singapore, according to the Pacific Asia Tourism Association.
Accounting for only around 20 per cent of the tourism market in Vietnam, online travel agencies are growing fast and fiercely, competing with traditional travel suppliers.
The international tourism segment, despite seeing less growth in tourists than the domestic segment, reportedly contributed a larger proportion to the tourism sector’s total revenue.