International arrivals plunge over 18% in quarter 1 in the light of COVID-19 pandemic

Update: 09:34 | 31/03/2020
Vietnam received over 3.68 million foreign arrivals in the first three months of 2020, representing a year-on-year decrease of 18.1%, the National Administration of Tourism reported. 
TIN LIÊN QUAN
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From January to March, Vietnam received over 3.68 million foreign arrivals.

In the January-March period, the number of domestic guests was 13 million, down 18% in comparison with the same period last year. Tourism revenue hit VND 146.6 trillion.

In March, the country welcomed 449,923 foreign visitors, representing a month-on-month drop of 63.8% and a year-on-year drop of 68.1%.

Inbound tourism fall was attributed to tourism suspension with China due to COVID-19 outbreaks as the neighboring country occupied 70% of Vietnam’s foreign arrivals.

In addition, those from Vietnam’s traditional markets such as Japan, the RoK, and Europe also decreased due to travel restrictions amid widening COVID-19 pandemic.

Earlier, the Administration estimated Vietnam’s tourism sector would face US$ 5.9-7 billion in revenue loss between February and April, including US$ 1.8-2 billion from the Chinese market; US$ 2.2-2.3 billion from other foreign markets; and US$ 1.9-2.7 billion from the domestic market.

However, the above figures were estimated before the COVID-19 outbreaks occurred in the RoK, Japan, and Europe.

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(Source: VGP)