subject: Vietnam Tourism Sector to Witness Skyrocketing Revenues: RNCOS by:Shushmul Maheshwari [print this page] According to our latest research report "Vietnam Tourism Industry Forecast to 2012", the tourism industry in Vietnam is projected to witness unprecedented growth rates in coming years, owing to the government's promotional initiatives and booming MICE market in the country. The tourism sector will earn revenues at a CAGR of around 22% during 2010-2013.
We have done extensive research and prudent analysis of the Vietnam tourism industry in order to understand the factors that will continue serving as growth drivers for the tourism market in Vietnam during 2010-2013. We have identified that various factors such as growing disposable income and upcoming events such as the 1,000th anniversary of Thang Long-Hanoi along with National Tourism year in 2010, will lead to a boost in Vietnamese tourism industry in the years to come. The research report gives insight into the prospects of the scope of medical tourism in the nation. Besides this, various other factors propelling the growth of the tourism industry in the major cities of Vietnam have also been thoroughly evaluated.
Our research reveals that Vietnam shows immense growth potential for the tourism industry in coming years. The country has seen substantial FDI in this sector. The tourism sector accounted for 44.7% of the total FDI into Vietnam during January-November 2009. Moreover, major international players in the hospitality sector have also set up their base in the country. An overview of the factors that may hinder the growth of tourism market in the coming future is also given in the report.
"Vietnam Tourism Industry Forecast to 2012" provides an extensive research and rational analysis along with reliable statistics of the Vietnamese tourism industry, and presents a clear picture of the country's future prospects that may shape up with the betterment of economic conditions. Various segments that have been covered in the report for an in-depth analysis to give strategic insight into the market include: inbound tourism, outbound tourism, domestic tourism, hospitality sector, and opportunities in the major cities of Vietnam. The report has thoroughly examined all the current market trends, industrial developments and competitive landscape to help clients understand the market structure and its progress in coming years. Prudent industry forecast and estimates along with detailed information about key players operating in the Vietnam tourism industry is also there in the research report.
RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.
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