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The World Travel & Tourism Council’s (WTTC) 2024 Economic...

The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has today revealed that Vietnam’s Travel & Tourism sector is forecast to inject a record đ770.8TN into the national economy this year.

According to the latest research, Travel & Tourism’s contribution to the economy will surge 13% ahead of 2019 levels, accounting for over 7% of Vietnam’s overall economy.

Jobs supported by Travel & Tourism are projected to grow 6% to reach 5.96MN, to account for one in nine jobs across the country.

While domestic travellers are expected to spend a record đ434.7TN this year - 20% above 2019, international visitor spending is expected to remain 4.2% behind 2019 to reach đ264.8TN.

Julia Simpson, WTTC President & CEO, said; "Vietnam's impressive Travel & Tourism recovery showcases the sector's resilience and potential, driving economic growth and creating millions of jobs across the country. “Our data shows the Travel & Tourism sector is on track to meet the government's goals set out in the 2030 Tourism Development Strategy, with almost 6MN jobs expected to be supported by the sector this year.”