Tourism revenue hit VND 12.9 trillion over four months

The GSO said HCM City and Hanoi saw respective increases of 30.4% and 18.8% in tourism revenue over the reviewed period. A driving factor behind the growth was the 29.5% increase in the number of foreign arrivals to Vietnam compared to last year’s corresponding period.

Meanwhile, revenues from hotel accommodation, food, and beverages were estimated at VND172 trillion, accounting for 12.3% of the sector’s total revenue and representing a rise of 9.4% against the same period last year.  

In April alone, the number of international visitors to Vietnam fell by 0.1% to 1.3 million over the month previous, while the number of visitors travelling by air matched that of the last month. The number of foreign arrivals soared by 25.2% on last year’s corresponding period.

This year, the tourism industry has set itself the target of welcoming 15-17 million foreign arrivals to bring in an estimated revenue of VND620 trillion.