Travel in Vietnam is being supported by the revival of tourism following the era of the pandemic when such activities and industries were curtailed. In 2023, Deputy Minister Hoang Dao Cuong signed Decision No.
In 2023, both low cost and full services carriers are facing some difficulties, including capital investment shortages, high fuel prices, and escalating operating costs. etc.
In 2023, there has been a noticeable rise in the number of Vietnamese individuals prioritising their health, actively seeking stress reduction methods, and focusing on their mental wellbeing. Recognising this emerging trend, lodging companies have closely collaborated with travel intermediaries to introduce a range of new products centred around wellness and mental healing.
Despite the gloomy economy and increasing inflation in 2023, both online and offline travel intermediaries, such as iVIVU, Klook, Booking.com, Vietravel, and Saigontourist, have launched regular discount campaigns which have garnered significant attention from Vietnamese travel enthusiasts.
Over the forecast period, the tourism industry is expected to experience a significant digital transformation across various sectors, including airlines, lodging, and booking. This transformation aligns with the government's Digital Transformation policies, which were first established in 2021 and which are being ramped up in 2023 with the signing of Decision No.
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Understand the latest market trends and future growth opportunities for the Travel industry in Vietnam with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
If you're in the Travel industry in Vietnam, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Travel
Travel encompasses several categories including tourism flows, lodging, travel modes, in-destination spending and booking.
See All of Our DefinitionsThis report originates from Passport, our Travel research and analysis database.
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