Want to be in the loop?
subscribe to
our notification
Business News
VIETNAM BECOMES THE FASTEST-DEVELOPING TOURISM DESTINATION IN SOUTHEAST ASIA

Breathtaking natural beauty with postcard-perfect beaches, like Kem Beach – Phu Quoc, are the key reasons travelers fall in love with Vietnam. PHOTO: FATEL BELEK
HCMC – With an impressive 98% tourism recovery rate post Covid, Vietnam has outpaced both Thailand (87.5%) and Singapore (86%) to become the fastest-developing tourism destination in Southeast Asia, according to Bloomberg.
In January 2025 alone, Vietnam reported over 2.1 million international arrivals, marking a 36.9% increase compared to the same period last year, according to statistics from Footprint Travel. Visitor numbers from Russia soared by more than 116%, while major European markets—including the UK, France, Germany, and Italy—recorded robust double-digit growth.
In 2024, the country welcomed 17.5 million international arrivals, surpassing Singapore to become the third most-visited country in the region, behind Thailand (35 million) and Malaysia (25 million).
Phu Quoc, Halong and Danang are three destinations that have contributed significantly to these impressive results. Phu Quoc alone received nearly 2.1 million foreign tourists in January, a nearly 37% year-on-year increase. Danang reported a 42.1% rise in international arrivals in the first quarter of 2025, while Halong continues to draw strong visitor interest thanks to its globally recognized natural wonders.
All three destinations are renowned for their beaches. From the tranquil white sands of Kem and Sao beaches in Phu Quoc to the vibrant atmosphere of My Khe Beach in Danang, Vietnam’s coastline has become a defining attraction. In contrast, Halong captivates with its UNESCO-recognized heritage bay, home to thousands of majestic limestone islets.
Beyond natural beauty, what sets these destinations apart is their fully integrated tourism infrastructure. Entertainment complexes, luxury resorts, and global hospitality brands are transforming these scenic spots into comprehensive travel hubs.
Vietnam’s strong growth in the tourism sector is not solely due to its scenic offerings. Flexible visa policies and an expanding flight network are playing a crucial role in making the country more accessible. A streamlined e-visa system, along with selective visa waivers for citizens of numerous countries, is helping position Vietnam as a friendly and easy-to-reach destination for international travelers.
Source: The Saigon Times
Related News
THE REVERIE SAIGON CELEBRATES THE FESTIVE SEASON WITH CURATED CULINARY EXPERIENCES AND BESPOKE CELEBRATIONS
Ho Chi Minh City, Vietnam, 12 November 2026 – The Reverie Saigon, a member of “The Leading Hotels of the World”, unveils its 2026 festive program, presenting a wide range of holiday offerings across its dining venues, spa, and accommodations. Reflecting Ho Chi Minh City’s growing reputation as a leading dining destination, this year’s festive offerings bring together diverse culinary experiences
PASTA WEEK: EMBARK ON A FLAVOURSOME CULINARY VOYAGE AT NOI
From November 9 to 22, 2026, NOI restaurant located on Level 3 of the Union Square - presents Pasta Week, an exclusive culinary journey celebrating the spirit of "A Celebration of Us". Taking inspiration from its name "NOI", which means "Us" in Italian, the specially curated menu unfolds like a vessel bearing warmth and brings people closer around the dining table.
AVERAGE STARTUP CAPITAL PER NEW BUSINESS DOUBLED TO $800,000
More than 243,600 businesses were newly established or resumed operations in the first 10 months of 2026, averaging 24,400 a month, according to the National Statistics Office under the Ministry of Finance. Total additional registered capital reached nearly VND5.8 quadrillion ($227 billion), up 11.6 per cent on-year.
VIỆT NAM SEEKS NEW GROWTH DRIVERS TO ACHIEVE DOUBLE-DIGIT EXPANSION IN 2027
The target, approved by the National Assembly (NA) on November 7, comes amid encouraging economic performance in the first 10 months of 2026. However, sustaining high growth will require more than increased investment and credit. Improving productivity, strengthening the private sector, promoting industrial development and accelerating science and technology adoption will be crucial to turning the ambitious target into reality.
VIETNAM’S TRADE TURNOVER SURPASSES $1 TRILLION FOR THE FIRST TIME
Total merchandise trade reached more than $1 trillion in the first 10 months of 2026, up 32.3 per cent on-year, according to the National Statistics Office under the Ministry of Finance. Exports hit $499.24 billion, up 27.5 per cent, while imports totalled $511.3 billion, up 37.4 per cent. With imports outpacing exports, Vietnam posted a merchandise trade deficit of $12.07 billion, compared with a surplus of about $19.5 billion a year earlier.
VIỆT NAM TO DEVELOP A NATIONAL PROGRAMME TO BOOST MARITIME INDUSTRY
Việt Nam will develop a national programme for the maritime and marine engineering industries through 2035 as part of the effort to strengthen domestic industrial capacity and build a modern, competitive and self-reliant maritime industry. Under Decision 2089/QĐ-TTg, signed by Permanent Deputy Prime Minister Phạm Gia Túc, the Government seeks to address existing difficulties and bottlenecks, mobilise resources and make more effective use of the industry's existing capabilities.






















