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Friday, September 30, 2022

Catering and travel services generate VND56.8 trillion in August

By Minh Duy

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HCMC – Revenue of the accommodation, catering industry and travel sectors amounted to VND56.8 trillion this August, taking the total to VND393.2 trillion in the year to date, showed data of the General Statistics Office (GSO).

In August, the accommodation and catering sectors made VND53.5 trillion in revenue, bringing the total in the first eight months to VND377.8 trillion, up 48.1% year-over-year.

GSO attributed this strong growth to the increasing demand for travel and entertainment after two years of Covid restrictions.

In addition, the travel sector brought in some VND3.3 trillion, a 3.4-fold increase over the same period last year, adding up to total revenue of VND15.4 trillion in the first eight months.

Still, the number is lower than the pre-pandemic level, at 47.7% of the same period in 2019.

In August alone, Vietnam saw 486,400 international arrivals, up 38% over the previous month.

In the first eight months of the year, the total number of international passengers reached over 1.44 million, down 87.3% against the same period in 2019.

The Ministry of Culture, Sports and Tourism reported 72 million domestic tourists and 733,000 foreign visitors this year to date, generating a total revenue of VND316 trillion.

While the number of domestic travelers has exceeded the plan, that of international travelers is still lower than the expectation of five million this year.

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