Vietnam tourism restoration prospects dimmer than regional friends

Vietnam has a last rating of 4.08 out of 10 within the index, placing it behind Malaysia (2.15), Singapore (2.45), Cambodia (3.25), Thailand (3.3), the Philippines (3.75) and Indonesia (4.05).

The index measures 28 Asian economies primarily based on the favorability of tourism situations corresponding to native vaccination protection, ease of travel, and the comfort of returning house.

A decrease rating signifies extra favorable situations for tourism restoration, the EIU report mentioned, including: “The highest performers within the index have all eased visa and entry restrictions since 2021 or earlier.”

Vietnam reopened inbound tourism from March 15, later than Thailand and the Philippines.

Tourism within the area, except for Fiji and the Maldives, would seemingly not recuperate to pre-pandemic ranges till no less than 2024, largely on account of China’s restrictive border insurance policies, the EIU report mentioned.

Among the many 28 economies within the index, 13 economies, together with Vietnam, have been reliant on China as their high feeder market earlier than the pandemic.

In 2019, China topped international arrivals in Vietnam at 5.8 million.

Amongst Asia Pacific locations, Fiji, Sri Lanka, Malaysia and Maldives are within the strongest positions to revive their pandemic-battered tourism industries, whereas Hong Kong has the worst prospects as a result of its strict entry restrictions.

Vietnam permits quarantine-free entry and solely requires international guests to current a damaging Covid check outcome upon arrival.