Promotional Campaigns Increase Tourists Inflow in Vietnam

Total tourist arrivals in Vietnam are projected to grow at a CAGR of around 7% by 2012 on the government’s promotional campaigns and reduction in tour package prices.

Delhi, India, March 25, 2009 --( According to their new research report, “Vietnam Tourism Industry Forecast to 2012”, the total tourist arrivals in Vietnam is anticipated to reach around 5.5 Million by 2012, growing at a CAGR of around 7%, on account of the Vietnamese government promotional activities running worldwide.

Vietnam National Administration (VNAT) has been aggressively running various marketing campaigns that contributed to the exponential rise in tourist arrivals in the past few years, said RNCOS report. The VNAT is promoting the country under the slogan "Vietnam--the hidden charm" in the action plans for 2006-2010 to increase the number of visitors from Europe. Besides, other promotional campaigns have been engineered both locally and overseas to attract tourists from all corners of the world.

In wake of volatile world economy which is affecting the international tourism, Vietnam has reduced prices for many tours by 30-50% to boost the tourist inflow in the country. Moreover, Vietnam hosted the 28th ASEAN Travel Forum (ATF), the annual event for all Southeast Asian nations, for the first time in January 2009. The event provided a perfect platform to Vietnam to show how much the country has changed and how ready it is to exploit the tourism industry.

“Vietnam Tourism Industry Forecast to 2012” provides an in-depth analysis of the present and future prospects of Vietnamese tourism industry. It looks into the tourism industry in detail with focus on different parameters like inbound & outbound tourism, expenditure by inbound & outbound tourists, domestic tourism, accommodation facilities, transportation facilities and aviation industry. The report provides strategic insight to clients to evaluate opportunities critical for their success in the Vietnamese tourism industry.

The research also provides forecast on various segments of the industry, including forecast on tourist arrivals in ASEAN countries, international tourist arrivals, international tourism receipts, international tourist departures, domestic tourist arrivals, rooms in hotels & guest houses, hotel rooms in Hanoi, outbound tourists from China, personal disposable income, GDP real change and population breakup of Vietnamese.

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RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

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