Vietnam Tourism Industry Outpaced Recession

Noida, India (PressExposure) November 09, 2009 -- The report unfolds the latent potential of the Vietnam tourism industry with extensive research and rational analysis of all the important industry trends. The unbiased consideration of the impact of recession on the industry while conducting the research facilitates a balanced insight into the industry.

As per our latest research report “Vietnam Tourism Industry Forecast to 2012”, Vietnam is one of the most popular tourist destinations in the Asia-Pacific region. In fact, World Travel and Tourism Council (WTTC) has ranked the country fourth among the fastest-growing tourist destinations in the world. In 2008, Vietnam successfully managed to register a positive growth rate in foreign tourist arrivals when most of its regional counterparts were hit hard by the recession. In addition, total number of outbound tourists from the country also touched an all-time record high during the same year.

Our industry experts have done extensive research on Vietnam’s tourism industry and have identified several decisive trends that are critical to the market success. The report states that in recent years, Vietnam has attracted all kinds of visitors like long-haul visitors from countries like the US, France, China and Australia, regional visitors from neighboring countries forming the Association of South-East Asian Nations (ASEAN), and high-spending visitors from North-East Asia. China was Vietnam's largest tourist market in 2008, accounting for around 15.3% of international visitors, and it would continue to be a potential region for more tourist influx to Vietnam during the forecast period.

The report also investigates that the tourism sector in the country is closely related to the aviation, hospitality, transportation and other industries. In wake of growing tourism sector and Vietnam’s accession to WTO, an increasing number of global hospitality chains are planning to enter Vietnam to unfold the full potential of its tourism industry.

Our new market research report, “Vietnam Tourism Industry Forecast to 2012”, provides in-depth analysis and extensive research on the inbound/outbound tourism developments, tourism expenditure, hotel industry, etc. In correlation to the past and current industry scenario, it provides forecast on ASEAN tourism, tourist arrivals, tourism receipts, outbound tourism, hotel rooms, etc. The report also facilitates deep understanding on the ongoing industry trends such as tourism infrastructure, health tourism, growth opportunities, and government reforms.

For FREE SAMPLE of this report visit: []


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RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

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Press Release Submitted On: November 09, 2009 at 5:04 am
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