Vietnam's tourism industry emerges as a key driver of economic growth, propelling retail sales to new heights and attracting a surge in international visitors. With impressive gains in consumer spending and tourism revenue, the country positions itself as a vibrant destination amidst a post-pandemic landscape, signaling promising prospects for its economic future.
Resort developments are becoming increasingly common around Vietnam. The number of branded projects from international and regional operators is expected to double over the next three years, from 127 to 261 by 2025, especially in major tourism destinations such as Da Nang, Phu Quoc Island, Nha Trang, and Cam Ranh Bay, according to an estimate from Savills Hotels.