How the tourism in Vietnam has influenced its economy?

What are the economic impacts of tourism in Vietnam?

Over recent years, tourism creates jobs and provides direct incomes for more than 3.5 million people in Vietnam. As a consequence, it can lead to the decline of poverty as well as the promotion of socio-economic development and decent work.

How much does tourism contribute to Vietnamese economy?

Vietnam earned nearly US$4 billion from the tourism sector in 2009 which contributed around 5 percent of the country’s GDP and had a positive impact on economic restructuring and development in different localities throughout the country as well as on the restoration of traditional craft villages and the preservation …

What impact does tourism have on the economy?

Tourism boosts the revenue of the economy, creates thousands of jobs, develops the infrastructures of a country, and plants a sense of cultural exchange between foreigners and citizens. The number of jobs created by tourism in many different areas is significant.

Is tourism important to Vietnam Why?

According to usual report of World Tourism and Travel Council, tourism contributed 6.6 percent to GDP equal VND 279,287 billion (03/2016) which has important contribution promoting development of related sectors such as transportation, entertainment, cuisine etc.

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How does tourism effect Vietnam?

Tourism attracts foreign investment and creates jobs. It also provides investment opportunities for small business owners. Shifting the Vietnamese workforce from agriculture to the services industry created by tourism growth presents the potential for higher disposable incomes and reduced poverty.

What are the positive and negative impacts of tourism?

Tourism can provide jobs and improve the wealth of an area.

Positive and negative impacts of tourism.

Positive Negative
New facilities for the tourists also benefit locals, eg new roads Overcrowding and traffic jams
Greater demand for local food and crafts Prices increase in local shops as tourists are often more wealthy than the local population

What are the negative effects of tourism on the economy?

Another negative economic impact of tourism is the cost of infrastructure. Tourism development can cost the local government and local taxpayers a great deal of money. Tourism may require the government to improve the airport, roads and other infrastructure, which are costly.