Vietnam's Nov international arrivals reach yearly high

By Hoang Minh
Wed, November 29, 2023 | 8:20 pm GMT+7

Vietnam received 1.23 million foreign visitors in November, up 10.9% from the previous month and the highest monthly number so far this year.

The number of foreign arrivals to Vietnam has reached 11.2 million in the 11 months of the year and the country is striving to receive around 13 million by the year-end, according to the Vietnam National Administration of Tourism.

In November, Europe posted the fastest growth rate among continents at 58.5% compared to the previous month, mainly from countries enjoying Vietnam’s unilateral visa exemption policy such as the UK (38.6%), France (72.5%), Germany (36.1%), Italy (55.1%), Denmark (32 .9%), Sweden 84.8%), Norway (52.7%), Finland (30.2%), and Spain (15.5%).

Starting August 15, Vietnam extended visa-free entry from 15 days to 45 days for passport holders from Denmark, Finland, France, Germany, Italy, Japan, Russia, South Korea, Spain, Sweden, and the UK. It has also extended the duration of e-visas from 30 days to three months with multiple entries.

Foreign tourists in Ha Long Bay in Quang Ninh province, northern Vietnam. Photo courtesy of Vietnam News Agency.

Foreign tourists in Ha Long Bay in Quang Ninh province, northern Vietnam. Photo courtesy of Vietnam News Agency.

In the first 11 months of this year, South Korea continued to be the largest source of tourists for Vietnam (3.2 million), followed by mainland China (1.5 million), Taiwan (758,000), the U.S. (658,000), and Japan (527,000). The rest of the top 10 was made up of Thailand, Malaysia, Cambodia, Australia, and India.

During a recent conference chaired by Prime Minister Pham Minh Chinh, Minister of Culture, Sports and Tourism Nguyen Van Hung proposed the government consider granting short-term visa exemptions for Chinese and Indian tourists. China and India are now among Vietnam’s biggest tourism feeder markets.

Hung also suggested waivers for visitors from wealthy countries such as Australia, Canada, the U.S., and the remaining 20 members of the 27-member E.U.

Now only nationals of Germany, France, Italy, Spain, Denmark, Sweden, and Finland can enter Vietnam without a visa.

Hung has proposed expanding the visa exemption regime to boost tourism on several occasions as Southeast Asian countries are racing to attract foreign visitors with friendly visa policies.

Vietnam waives visas for nationals of 25 countries, while Malaysia and Singapore do so for 162, the Philippines for 157, and Thailand for 65.

Before the pandemic, Vietnam welcomed a record 18 million foreign arrivals,

Vietnamese carriers have recently launched a series of direct routes from popular tourist destinations such as Danang, Nha Trang, HCMC and Hanoi to Asian and European tourism hubs to cash in on the travel boom.

PM Pham Minh Chinh recently highlighted Vietnam’s outstanding advantages and opportunities to boost tourism, including stable political and security, good infrastructure, diverse natural landscapes, and unique cultural identity.

However, he pointed out that tourism development has yet to meet the country’s potential, with a modest number of visitors and poor tourism connectivity.

Comments (0)
  • Read More
Trung Nam Ca Na seeks to convert agri-forest land for $147 mln industrial park in central Vietnam

Trung Nam Ca Na seeks to convert agri-forest land for $147 mln industrial park in central Vietnam

Industrial park developer Trung Nam Ca Na is seeking approval to convert about 170 hectares of agricultural and forest land for the construction of a VND3,875 billion ($147 million) project in Vietnam’s central coastal province of Khanh Hoa.

Industrial real estate - Wed, October 22, 2025 | 10:54 am GMT+7

PV Power's arm posts 5-fold jump in Q3 profit on margin recovery

PV Power's arm posts 5-fold jump in Q3 profit on margin recovery

PetroVietnam Power Nhon Trach 2 JSC (HoSE: NT2) reported a sharp rebound in third-quarter earnings as improved margins and higher revenue lifted profits nearly fivefold from a year earlier.

Companies - Wed, October 22, 2025 | 8:37 am GMT+7

TCBS overtakes SSI to become Vietnam’s largest securities company by market cap

TCBS overtakes SSI to become Vietnam’s largest securities company by market cap

Over 2.3 billion shares of Techcom Securities JSC (TCBS) debuted on the Ho Chi Minh City Stock Exchange (HoSE) on Tuesday. The stock, TCX, recorded the highest price and the largest market capitalization in the Vietnamese securities sector.

Finance - Tue, October 21, 2025 | 10:27 pm GMT+7

Indonesia’s palm oil industry becomes investment magnet

Indonesia’s palm oil industry becomes investment magnet

Indonesia’s palm oil sector attracted IDR52.7 trillion, or approximately $3.2 billion, in investment during the first nine months of this year, with the money going into enabling the country to capture more value out of its top commodity, the country’s Ministry of Investment reported.

Southeast Asia - Tue, October 21, 2025 | 9:34 pm GMT+7

Indonesia reports strong job, investment growth

Indonesia reports strong job, investment growth

The Indonesian Coordinating Ministry for Economic Affairs reported strong job and investment growth during the first year of President Prabowo Subianto’s administration, compared with the first year under his predecessor.

Southeast Asia - Tue, October 21, 2025 | 9:29 pm GMT+7

Singapore grants conditional approval for 1GW low-carbon power import from Malaysia

Singapore grants conditional approval for 1GW low-carbon power import from Malaysia

Singapore has granted conditional approval to import 1 GW of low-carbon electricity from the Malaysian state of Sarawak, marking a new phase in the energy partnership between the two countries.

Southeast Asia - Tue, October 21, 2025 | 9:26 pm GMT+7

Margin lending in Vietnam’s stock market hits record, but not worrisome

Margin lending in Vietnam’s stock market hits record, but not worrisome

Despite margin debt in Vietnam’s stock market surging sharply, experts believe that current margin pressure is not yet a major concern as top securities firms have significantly strengthened their capital buffers.

Finance - Tue, October 21, 2025 | 4:23 pm GMT+7

Lenders in Vietnam now in low-rate lending race: ACB exec

Lenders in Vietnam now in low-rate lending race: ACB exec

The biggest “headache” for banks in Vietnam now is that profit margins are getting thinner, said CEO of Asia Commercial Bank (ACB) Tu Tien Phat.

Banking & Finance - Tue, October 21, 2025 | 4:00 pm GMT+7

PV Gas - 35 years of innovation and technological leadership in Vietnam’s gas industry

PV Gas - 35 years of innovation and technological leadership in Vietnam’s gas industry

Over the past 35 years of establishment and development (1990-2025), PV Gas, a subsidiary of state-owned giant Petrovietnam, has affirmed its pioneering position in Vietnam’s gas industry, marked by a series of groundbreaking achievements in science and technology.

Companies - Tue, October 21, 2025 | 3:45 pm GMT+7

Vietnam's consumer finance major F88 achieves 90% of year's profit target after 9 months

Vietnam's consumer finance major F88 achieves 90% of year's profit target after 9 months

F88 Investment JSC (F88), a leading consumer finance company in Vietnam, reported a cumulative pre-tax profit of VND603 billion ($22.88 million) in the first nine months of 2025, a 2.5-fold increase year-on-year, reaching 90% of its full-year target of VND673 billion.

Companies - Tue, October 21, 2025 | 3:15 pm GMT+7

Vietnam corporate earnings to be driven by credit expansion, trading activity, property recovery

Vietnam corporate earnings to be driven by credit expansion, trading activity, property recovery

With Q3 earnings season underway, results are expected to come in broadly in line with expectations. Financials should remain the largest contributors, benefiting from credit expansion and trading activity, while real estate continues to recover as project launches and sales rates improve, writes Tung Dang, associate director at Dragon Capital.

Economy - Tue, October 21, 2025 | 2:33 pm GMT+7

Inland port opens in southern Vietnam province Tay Ninh, set to become border logistics hub

Inland port opens in southern Vietnam province Tay Ninh, set to become border logistics hub

The 16.5-hectare Tan Cang-Moc Bai inland port in Tay Ninh province, southern Vietnam has been opened, offering logistics services and handling customs clearance for imports and exports.

Infrastructure - Tue, October 21, 2025 | 12:03 pm GMT+7

State-managed property trading centers will help curb speculation, price manipulation: expert

State-managed property trading centers will help curb speculation, price manipulation: expert

Establishment of state-managed real estate trading centers is expected to create a transparent transaction channel, helping control and limit speculation and price manipulation in the Vietnamese market.

Real Estate - Tue, October 21, 2025 | 8:37 am GMT+7

Vietnam's benchmark VN-Index records sharpest drop in 25-year history

Vietnam's benchmark VN-Index records sharpest drop in 25-year history

VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), saw the sharpest decline in its 25-year history on Monday, down by 94.76 points, or 5.47%, to 1,636.43.

Finance - Mon, October 20, 2025 | 5:49 pm GMT+7

Construction contractor Coteccons sets record FY2026 targets, capital base hike via share issue

Construction contractor Coteccons sets record FY2026 targets, capital base hike via share issue

Coteccons Construction JSC (HoSE: CTD), one of Vietnam’s largest construction contractors, has set ambitious targets for its fiscal year 2026, driven by a record order backlog and its push into international markets.

Companies - Mon, October 20, 2025 | 4:50 pm GMT+7

Real estate, gold markets to be fully established by 2026: Prime Minister

Real estate, gold markets to be fully established by 2026: Prime Minister

Vietnam plans to complete comprehensive legal framework for its financial, real estate, and gold markets by 2026 as part of a broader effort to modernize market infrastructure and accelerate economic growth, said Prime Minister Pham Minh Chinh.

Finance - Mon, October 20, 2025 | 3:33 pm GMT+7