The Ministry of Culture, Sports and Tourism of Vietnam has revealed the statistics regarding the number of entries to the country during the first half of 2018. Within this period, as many as 7.9 million international visitors arrived in the country, exceeding the result of the same period a year ago by 27.2%. This makes tourism even a more important industry for the country’s economy the total revenue reached 62.6 trillion Vietnamese dong, which is equal to US$2.7 billion. The H1 2018 revenues are 15.75 higher compared to the same period a year ago.
Domestic travel in Vietnam is also on the rise local hotels served approximately 42.8 million visitors, and the total revenue received from in-country tourism reached VND312,000 billion. That said, domestic tourist revenues are 22.5% up compared to the same period of 2017.
Typical tourist destinations still attract the majority of visitors. For example, hotels in Ho Chi Minh City enjoyed a prosperous first half of the year. On average, foreign tourists spent as much as US$145 a day in this famous Vietnamese city. Accommodation costs have the biggest share in the total spending of international travelers 33%. Other notable expenses are also typical and usual for travelers around the world. Food and beverage is the second largest expense (20%), shopping is the third largest (18%), and traveling occupies the fourth spot with a share of 10%.
Almost a half of overseas visitors (48%) spent from 4 to 7 days in Vietnam in the first half of 2018. The percent of foreign travelers who spend up to two weeks in Vietnam (8 14 days) is smaller 40%. Foreigners also prefer to visit the country individually, customizing their tours the way they want. As many as 69% of international visitors made their choice in favor of “free and easy” tours, while only 31% of travelers decided to join group tours.
As it was mentioned above, Ho Chi Minh City remained the most popular destination in the country. Last year, Ho Chi Minh hotels welcomed 6.5 million foreign guests and 24.9 million domestic travelers. This year, the country has an ambitious plan to receive as many as 16-17 million foreign guests a fantastic number of 78 million domestic visitors. If this plan becomes reality, the country’s revenues from the tourism industry will rise to US$27.5 billion.