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Hospitality and Tourism News

Tourism industry eyes US $18-19 billion revenue by 2020

Tourism will become a key economic sector with high professionalism and consistent, modern infrastructure by 2020, according to the new strategy 2473/QĐ-TTG has just approved by the Prime Minister on 30 December 2011.

According to the strategy for developing local tourism until 2020 with a vision toward 2030, Vietnam will become a nation with a highly effective tourism sector by 2030.

The country will do its utmost to offer diverse and high-quality tourist products imbued with national cultural identity which are able to compete with their partners from other regional countries and the rest of the world.

The sector will develop by an average pace of 11.5-12% from 2011 to 2020.

The country set a target to welcome 7-7.5 million international tourists and handle 36-37 million domestic visitors in 2015.

The tourism sector will focus on developing green and cultural tourism packages and strengthening linkages within each region to build tourist products typical of the seven regions across the country.

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