Tourism Important to Vietnam: Economist Intel

Proudly contributed by DAVID GILLBANKS

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Tourism has boosted Vietnam’s economic growth, proving itself an important pillar of the country’s economy, according to analysis released earlier this month by the UK-based Economist Intelligence Unit (EIU).

The EIU also advised the Vietnamese Government to invest further in infrastructure while addressing concerns relating to environmental issues in order to reach its long-term target for sustainable development.

Statistics from Vietnam’s General Statistics Office show that the country welcomed more than 9 million foreign tourists so far in 2016—a year-on-year increase of 25.4%.

In November more than 920,000 foreign travellers visited Vietnam; 14% more than the previous month.

Not only has tourism created more jobs, but also the hospitality sector has boosted the development of the retail sector and other customer services.

Explaining the speed of such growth, the EIU said that … Full story at VietnamNet Bridge.

Meanwhile, the same source reports that Vietnamese real estate developers have a ‘Disneyland dream’.

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