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Vietnam Travel and Tourism Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 62 Pages
  • March 2023
  • Region: Vietnam
  • MarketLine
  • ID: 5782268
Description Jump to:
Travel & Tourism in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming market.
  • The Vietnamese travel and tourism industry had total revenues of $53.5 billion in 2022, representing a compound annual growth rate (CAGR) of 2.5% between 2017 and 2022.
  • Food service was the industry's largest segment in 2022, with total revenues of $42.7 billion, equivalent to 79.8% of the industry's overall value.
  • According to General Statistics Office of Vietnam, the country received 365.3 thousand international visitors from January-May 2022, witnessing a growth of 4.5 times as compared to the same period previous year.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Vietnam
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Vietnam
  • Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Vietnam travel & tourism market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Vietnam travel & tourism market by value in 2022?
  • What will be the size of the Vietnam travel & tourism market in 2027?
  • What factors are affecting the strength of competition in the Vietnam travel & tourism market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Vietnam's travel & tourism market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players in the foodservice industry?
7.2. What strategies do these leading players follow?
7.3. What are the strengths of leading players?
7.4. How is technology being used by these leading companies?
7.5. Are there any threats to these leading players?
7.6. What were the most recent market developments in hotels & motels industry?
7.7. Who are the leading players in the airlines industry?
7.8. Who is the leading player in the passenger rail industry?
7.9. What trends have impacted passenger rail?
8 Company Profiles
8.1. Muong Thanh Hospitality Group
8.2. Saigon Hotel Corp
8.3. InterContinental Hotels Group Plc
8.4. Vietnam Airlines JSC
8.5. Marriott International Inc
8.6. Pacific Airlines Joint Stock Aviation Co
8.7. VietJet Air
8.8. Vietnam Railway Corporation
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the analyst
List of Tables
Table 1: Vietnam travel & tourism industry value: $ billion, 2017-22(e)
Table 2: Vietnam travel & tourism industry category segmentation: % share, by value, 2017-2022(e)
Table 3: Vietnam travel & tourism industry category segmentation: $ billion, 2017-2022
Table 4: Vietnam travel & tourism industry geography segmentation: $ billion, 2022(e)
Table 5: Vietnam travel & tourism industry value forecast: $ billion, 2022-27
Table 6: Muong Thanh Hospitality Group: key facts
Table 7: Muong Thanh Hospitality Group: Key Employees
Table 8: Saigon Hotel Corp: key facts
Table 9: Saigon Hotel Corp: Annual Financial Ratios
Table 10: Saigon Hotel Corp: Key Employees
Table 11: CRG Holdings, LLC : key facts
Table 12: InterContinental Hotels Group Plc: key facts
Table 13: InterContinental Hotels Group Plc: Annual Financial Ratios
Table 14: InterContinental Hotels Group Plc: Key Employees
Table 15: InterContinental Hotels Group Plc: Key Employees (contd.)
Table 16: InterContinental Hotels Group Plc: Key Employees (contd.)
Table 17: Vietnam Airlines JSC: key facts
Table 18: Vietnam Airlines JSC: Annual Financial Ratios
Table 19: Vietnam Airlines JSC: Key Employees
Table 20: Marriott International Inc: key facts
Table 21: Marriott International Inc: Annual Financial Ratios
Table 22: Marriott International Inc: Key Employees
Table 23: Marriott International Inc: Key Employees (contd.)
Table 24: Marriott International Inc: Key Employees (contd.)
Table 25: Marriott International Inc: Key Employees (contd.)
Table 26: Pacific Airlines Joint Stock Aviation Co: key facts
Table 27: Pacific Airlines Joint Stock Aviation Co: Key Employees
Table 28: VietJet Air: key facts
Table 29: VietJet Air: Key Employees
Table 30: Vietnam Railway Corporation: key facts
Table 31: Vietnam Railway Corporation: Key Employees
Table 32: Vietnam size of population (million), 2018-22
Table 33: Vietnam gdp (constant 2005 prices, $ billion), 2018-22
Table 34: Vietnam gdp (current prices, $ billion), 2018-22
Table 35: Vietnam inflation, 2018-22
Table 36: Vietnam consumer price index (absolute), 2018-22
Table 37: Vietnam exchange rate, 2018-22
List of Figures
Figure 1: Vietnam travel & tourism industry value: $ billion, 2017-22(e)
Figure 2: Vietnam travel & tourism industry category segmentation: $ billion, 2017-2022
Figure 3: Vietnam travel & tourism industry geography segmentation: % share, by value, 2022(e)
Figure 4: Vietnam travel & tourism industry value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the travel & tourism industry in Vietnam, 2022
Figure 6: Drivers of buyer power in the travel & tourism industry in Vietnam, 2022
Figure 7: Drivers of supplier power in the travel & tourism industry in Vietnam, 2022
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Vietnam, 2022
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Vietnam, 2022
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Vietnam, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Muong Thanh Hospitality Group
  • Saigon Hotel Corp
  • InterContinental Hotels Group Plc
  • Vietnam Airlines JSC
  • Marriott International Inc
  • Pacific Airlines Joint Stock Aviation Co
  • VietJet Air
  • Vietnam Railway Corporation

Table Information

Report AttributeDetails
No. of Pages62
PublishedMarch 2023
Forecast Period2022 - 2027
Estimated Market Value ( USD ) in 2022 $ 53.5 Billion
Forecasted Market Value ( USD ) by 2027 $ 91.17 Billion
Compound Annual Growth Rate11.2%
Regions CoveredVietnam

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