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VIET NAM   Viet Nam Overview
            LAND OF OPPORTUNITIES  Recent Socio-Economic Achievements
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                               TOURISM



                               Viet Nam’s tourism sector continued to grow during the 2016-2019 period, with the
                               number of international visitors increasing from 10 million in 2016 to 18 million in 2019, a
                               1.8-fold increase, with revenue at VND241 trillion ($10.5 billion) and VND421 trillion ($18.3
                               billion), respectively, while the number of domestic tourists increased from 62 million in
                               2016 to 85 million in 2019, with revenue of VND176 trillion ($7.63 billion) and VND334 trillion
                               ($14.5 billion), respectively.

                               As with other economies, however, this growth was disrupted by COVID-19. The number of
                               foreign tourists visiting Viet Nam in 2020 reached only 3.8 million, a year-on-year decline of
                               78.7%. The number of domestic tourists also fell dramatically, reaching only 56 million for the
                               year. The tourism sector faced unprecedented difficulties.

                               However, with eight UNESCO world heritage sites (Trang An Landscape Complex, Ho Dynasty
                               Citadel, Thang Long Imperial Citadel, Complex of Hue Monuments, Ha Long Bay, Hoi An
                               Ancient Town, My Son Sanctuary, and Phong Nha - Ke Bang National Park) and beautiful
                               beaches, Viet Nam’s tourism sector is expected to continue to contribute significantly to GDP
                               growth, particularly when the COVID-19 pandemic has been stabilized.



                   ANNUAL TOURIST NUMBERS (MILLION), 2016-2021


             120       Foreign tourists
                       Domestic tourists
             100
                                                                      18
                                                     15.5
             80                      12.9
                                                                      85
                                                     80
                       10
             60                      73.2                                            3.8
                       62
                                                                                     56
             40
                                                                                               0.088
                                                                                             30.5
             20

             0
                       2016         2017            2018              2019          2020        1H 2021


                                                                             Source: General Statistics Office of Viet Nam
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