Vietnam enjoys growing tourism contribution to GDP

The direct contribution of tourism to Vietnam’s GDP was nearly VND79.3 trillion (US$12.57 billion), or 6.6% of GDP, ranking 40th among 184 nations in the world.

The direct contribution of tourism to Vietnam’s GDP was nearly VND79.3 trillion. (Credit: nld.com.vn)
The direct contribution of tourism to Vietnam’s GDP was nearly VND79.3 trillion. (Credit: nld.com.vn)

The figures were released by the World Travel and Tourism Council in its 2015 report on the economic impact of tourism in 184 nations.

In 2015, the total contribution of the tourism sector to Vietnam’s GDP hit VND584.88 trillion (US$26.32 billion), accounting for 13.9%.

The sector also created 6,035,500 jobs, accounting for 11.2% of total employment, including 2,783,000 direct jobs, or 5.2%.

Vietnam earned VND213.39 trillion (US$9.6 billion) from international visitor exports, accounting for 5.6% of the total export value.

Last year, Vietnam welcomed 7.94 million foreign visitors, according to the General Statistics Office (GSO).

Investment in the sector also reached VND113.50 trillion (US$5.1 billion USD), or 10.4% of the year’s total investment.

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