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Sunday, November 27, 2022

Tourism industry sees VND575 trillion evaporated due to Covid-19

By Dao Loan

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HCMC – Vietnam’s total tourism revenue dropped by VND575 trillion, from VND755 trillion in 2019 to only VND180 trillion in 2021 due to the Covid-19 pandemic, according to the General Statistics Office (GSO).

Data of the GSO showed that Vietnam served 18 million international tourists and 85 million domestic ones in 2019. The country earned VND755 trillion from the tourism industry, including VND421 trillion from international tourists and VND334 trillion from domestic ones.

In 2020, the number of international and domestic tourists dropped to 3.7 million and 56 million, respectively, due to the closures of borders and travel restrictions to curb the spread of the pandemic. Tourism revenue fell 58.7% against 2019 to VND312.2 trillion.

The situation further worsened in 2021 after the fourth Covid wave began in late April. Vietnam served only 40 million domestic tourists and some 3,800 international tourists last year, and earned VND180 trillion from tourism, falling 42% year-on-year.

The Ministry of Culture, Sports and Tourism expected the tourism industry to recover strongly in 2022 thanks to the relaxation of travel restrictions and high vaccination coverage.

The tourism industry aims to serve 60 million domestic tourists and 5 million international ones this year and earn VND400 trillion.

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