During the period, the industry also served 76.5 million domestic tourists. Total revenues from tourism reached 416.6 trillion VND (17.58 billion USD).

July alone saw over 1 million foreign arrivals, 6.5% higher than that of the previous month.

Tourists go kayaking on Ha Long Bay in the northern province of Quang Ninh province.

According to VNAT, the tourism sector expects to soon reach its yearly target as the second half of the year is usually the peak time for international visitors.

The RoK remained the largest source market of Vietnam tourism in the first seven months of this year with 1.9 million arrivals, accounting for one-third of total international visitors to Vietnam. It was followed by China and the US.

Among the top ten source markets of Vietnam tourism, four are in Northeast Asia - the RoK, China, Taiwan (China), and Japan, and three in Southeast Asia - Thailand, Malaysia, and Cambodia. Australia and India ranked ninth and tenth. In Europe, the UK, France, and Germany were the three biggest source markets.

Many main source markets for tourists in Vietnam saw growth in July, such as Taiwan (31.3%), Japan (15%), China (14%), the US (7%) and the RoK (6%).

According to the World Tourism Organisation (UNWTO), global tourist arrivals will recover to pre-Covid-19 levels by 2024 at the earliest. The increasing number of tourists, together with changes in consumption trends, tourism markets and digital technology, poses significant challenges to tourism human resources in the new situation.

According to VNAT, with the current growth rate, the country’s tourism industry needs 40,000 new employees each year while 25,000 employees need to be retrained. Meanwhile, local schools only train 20,000 students yearly. The number of professionally trained tourism workers accounts for only 43% of the total workforce in the industry and nearly half of them do not know foreign languages.

In addition, the quality and productivity of Vietnamese workers in the tourism and hotel industries remain low. Vietnamese tourism workers now have to compete with guest workers from the Philippines, Thailand, Indonesia, and Singapore, thus improving the quality of human resources is a must for Vietnam in the coming time.

Foreign direct investment to Bac Giang sharply increases

(BGO) – Thanks to great effort to improve business and investment environment, Bac Giang province continues achieving positive result in investment attraction, especially foreign direct investment (FDI).

Prime Minister hails visit by Malaysian Foreign Minister

Prime Minister Pham Minh Chinh hailed the ongoing Vietnam visit by Malaysian Minister of Foreign Affairs Senator Zambry Abdul Kadir on the occasion of the 50th anniversary of Vietnam-Malaysia diplomatic ties this year, during a reception in Hanoi on July 19.

Foreign photographers capture Vietnamese life a century ago

Foreigners’ photos of women buying jewelry and vendors gathering at a local market during the late-19th and early-20th century can be found in a classic Vietnamese historical book.

Foreign firms expect better business in Q3: EuroCham

The European Chamber of Commerce in Vietnam (EuroCham) on July 10 announced its Business Confidence Index (BCI) for Vietnam in the second quarter of 2023, showing a 9% increase in the number of business leaders who positively assess their business prospects for the third quarter of 2023 compared to their assessment for the second quarter.

Vietnam to borrow $2.53B from foreign partners for Mekong Delta development

The government has approved a plan to borrow $2.53 billion from six foreign partners to develop 16 infrastructure projects in the Mekong Delta.

Source: VNA