07.02.2023, 08:04

Chinese visitors to Vietnam to reach 3-4.5 million in 2023: HSBC

Red represents Chinese tourists as a percentage of the total number of international visitors to countries in Southeast Asia.

After Vietnam resumed inbound and outbound tourism in March 2022, its domestic tourism recovered strongly while international tourism, which accounts for 60 percent of tourism revenue, has remained tepid.

The country welcomed 3.6 million international tourists in 2022, or 20 percent of the volume of 2019, when total tourism revenue made up 10 percent of its GDP.

South Korea accounted for 26 percent of international visitors to Vietnam last year and the U.S. nine percent.

The Vietnamese government aims to attract eight million international visitors this year, with tourism revenue expected to increase by more than 30 percent.