Vietnam aims to welcome 20.5 million international visitors in 2020

Vietnamese tourism sector strives to receive around 20.5 million international visitors and serve 90 domestic tourists in 2020, which is expected to earn over VND830 trillion (over US$35.8 billion).

The information was released by the Vietnam National Administration of Tourism (VNAT) under the Ministry of Culture, Sports and Tourism at a conference held in Hanoi on December 23 to review its operation in 2019 and devise tasks for 2020

The number of foreign arrivals to the country was estimated at 18 million in 2019, a year-on-year increase of over 16%; meanwhile, it was predicted that 85 million domestic tourists will have been served this year, up over 6%. The total revenue from tourism is estimated to reach over VND720 trillion (over 31 billion) in 2019, up 16%.

The average growth rate of visitors in three consecutive years (2016-2019) was 22% per year.

Vietnam is ranked as the ten fastest growing tourist destinations in the world.

To accomplish the goals for next year, Vietnamese tourism sector will put the Tourism Development Assistance Fund into operation as well as enhance tourism promotion through various major events, including the Formula One Hanoi Grand Prix and the 2020 National Tourism Year in Ninh Binh Province.