HANOI (Bernama) – Vietnam is emerging as a promising land for travellers around the globe with the potential to lift tens of millions of its citizens out of poverty, Vietnam News Agency (VNA) reported, citing The Voice of Vietnam (VOV) radio.
Although the scale of Vietnam’s tourism industry has not been as high as other countries in the region, which often accounts for 10 per cent of gross domestic product (GDP), it accounts for around four per cent of Vietnam’s GDP.
Foreign currency cash inflows from international visitors in 2014 ranked third after Overseas Vietnamese remittances of US$12 billion and disbursed foreign direct investment of US$12.35 billion. The money has also benefited the economy by raising foreign currency reserves and stabilising exchange rates.
The industry has generated hundreds of thousands of jobs not only at border gates, airports and resorts and in cities but also at remote areas with new tourism sites. Despite garnering huge cash inflows from foreign arrivals, attracting tourists to Vietnam has not been just for money. It Is more important that this has been a direct and persuasive way for Vietnamese to elevate their national image to international friends.