Vietnam: A Surging Tourism Hotspot with a 40% Increase in International Visitors for 2024

Vietnam witnessed a remarkable surge in international arrivals, embracing 14.1 million visitors during the first ten months of 2024. This signifies an impressive 41% increase in foreign travelers compared to the same period in the previous year, showcasing the country's burgeoning appeal as a sought-after destination.

0
217
Photo: Saigoneer

The latest data from the General Statistics Office reveals a significant surge in international tourism to Vietnam. In October, the country welcomed 1.42 million foreign visitors, marking a notable 28% increase compared to the same period last year. This positive trend continues into the year’s first ten months, with international visitor numbers surpassing 14.1 million. Vietnam is well on its way to achieving its annual target of attracting 17-18 million tourists.

According to insights from domestic travel and service companies, this growth indicates that Vietnam is entering the peak season for international tourism, which typically spans from October to March.

Among the nationalities flocking to Vietnam, Filipinos stood out with a remarkable 210% year-on-year increase in October, totaling nearly 26,000 arrivals. Russians, French, Belgians, and Chinese tourists also contributed significantly to this growth, reflecting a sharp increase of 150-165% compared to the previous year.

A deeper dive into the 2022 Statistical Yearbook unveils that Filipino visitors were the top spenders among the leading international visitor markets to Vietnam in 2019. Their average expenditure reached nearly 2,300 USD per visitor, which is double the average spending of international visitors.

Analyzing the year-to-date performance, the Chinese market exhibited the most remarkable growth, surging by 230% compared to the same period last year. Over 3 million Chinese visitors chose Vietnam as their destination. Russians, Italians, and Indonesians also demonstrated strong interest, with increases ranging from 140 to 180%.

South Korea retained its position as the largest source of visitors to Vietnam, with over 3.7 million arrivals in the first ten months, accounting for 38% of all international visitors. In October alone, 360,000 South Korean tourists visited the country.

Other key markets contributing significantly to Vietnam’s tourism include Mainland China, Japan, Malaysia, Thailand, India, the USA, and Australia.

Amy Mai Nguyen

You may also like

“Vietnam and Russia: A Scientific Partnership with Great Potential”

Since 1982, the Vietnam Academy of Science and Technology (VAST) has been the official representative of Vietnam at JINR. This partnership marked a significant step towards systematizing the training of scientific personnel in the country. By laying the foundation for developing a high-quality scientific and technological workforce, VAST has played a pivotal role in Vietnam’s renewal process. This long-standing collaboration has fostered a robust scientific community, contributing to the country’s intellectual capital and driving its innovation agenda forward.

Hanoi: A Captivating Destination with Seven Million Visitors in Q1

THE HANOI TIMES — Hanoi is witnessing a remarkable tourism growth spurt in 2025, with an impressive 7.3 million visitors in the first quarter, signifying an 8.7% increase from the previous year. Even more noteworthy is the significant surge in international arrivals, which reached 1.85 million, representing a substantial 17.4% rise in foreign visitors. This […]

The Green Revolution: FDI’s Focus on Environmental Initiatives

Nearly 40% of Vietnam boasts wind speeds ideal for wind power generation, with many regions also presenting favourable solar radiation levels. It is high time for the country to evolve from attracting foreign direct investment (FDI) at any cost, to a more discerning approach, harnessing its natural resources with a focus on renewable energy.

Unlocking Economic Growth: MoF Seeks Feedback on VAT Cut Strategy

The proposal advocates for an extension of the current 2% VAT reduction, bringing the rate down to 8% for goods and services currently taxed at 10%. This extended reduction period would last from July 1, 2025, through to the end of 2026, offering a prolonged period of financial relief and potential economic stimulus.

International Tourism Boom in HCM City: A Stellar 18.2% Rise in Q1

Ho Chi Minh City witnessed a remarkable surge in tourism revenue, skyrocketing 26.7% year-on-year to a staggering 56.66 trillion VND (approximately 2.21 billion USD). This impressive feat signifies a significant step towards the city’s ambitious 2025 plan, already achieving a notable 21.8% of the target.