In its report on "Opportunities in Vietnam Tourism Industry (2007-2009)”, RNCOS provides an in-depth analysis of the present as well as future prospects of the Vietnam tourism industry. It looks into the Vietnam tourism industry in detail with focus on different tourism parameters: Inbound Tourism, Outbound tourism, Expenditure by Inbound tourist, accommodation facilities, and transportation facilities. This report helps clients to analyze the opportunities and factors critical to the success of tourism industry in Vietnam.
Key Findings
- The major share of the inbound tourists to Vietnam comes from China, South Korea, US, and Japan. Apart from receiving large tourist base from these countries, Vietnam should also benefit from Russia - a potential region for more tourist influx - during the review period (2007-2011).
- It is also expected that per head tourist expenditure will reach US$ 976.26 by 2011.
- Vietnamese per head disposable income will likely increase at a CAGR value of 5.88% for the period spanning 2007-2011. This will definitely open the opportunities for the outbound tourism and domestic tourism.
- Percentage of population aged 15-64 years is expected to increase to 68.8% of the total population by 2011 and because an average Vietnamese prefers nearby countries for leisure. This will also bring opportunities for the outbound as well as domestic tourism.
Key Issues and Facts Analyzed
- How is the performance of Global tourism, Asia-Pacific tourism and ASEAN tourism Industry?
- What is the position of Vietnam tourism industry with respect to the ASEAN tourism industry?
- What are the emerging trends in the Tourism sector in Vietnam?
- What is the future Outlook of the Tourism industry in Vietnam in terms of Inbound Tourism, Outbound tourism, Domestic tourism, and expenditure by inbound tourist?
- What are the Key driving forces in the Vietnam tourism industry?
- What opportunities exist before the Tourism industry in Vietnam?
- What are the challenges faced by the industry?
- Who are the major players in the Vietnam tourism industry?
- How is the market affected by other factors prevailing in the economy?
Key Players Analyzed
This section covers the key facts about players currently operating in the Vietnam tourism industry including Vietnam Airlines, Korean Air Lines Co. Ltd, Air France-KLM Group, Aeroflot Russian Airlines JSC, Furama Danang Resort & Spa, Sol Melia, and Accor Hotel Group.
Research Methodology Used
Information Sources
Information has been gathered from various sources namely, books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to access to more than 3000 paid databases.
Analysis Methods
The analysis methods include the following: Ratio Analysis, Historical Trend Analysis, Linear Regression Analysis using software tools, Judgmental Forecasting and Cause and Effect Analysis.
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