Vietnam among top five most-wanted destinations for Tet

By Vietnam News
Sat, February 10, 2024 | 2:20 pm GMT+7

Vietnam has made it onto the list of the top five most-booked markets for travelers around Asia Pacific looking for a getaway over the Tet (Lunar New Year) holiday, said travel giant Agoda.

Hon Thom cable lines in Phu Quoc, Vietnam's largest island and a top tourism attraction. Photo courtesy of Thanh Nien (Young People) newspaper.

Hon Thom cable lines in Phu Quoc, Vietnam's largest island and a top tourism attraction. Photo courtesy of Thanh Nien (Young People) newspaper.

According to data released by Agoda, visitors from around Asia are turning to the fast-growing nation, drawn in by its stunning scenery, warm culture and renowned cuisine.

Joining Vietnam on the top five list for regional destinations are Japan, Thailand, Malaysia and Indonesia.

When it comes to inbound travelers to Vietnam during one of the region's largest holiday breaks, Koreans lead the way, ahead of visitors from mainland China, Singapore, Hong Kong and Japan, all ensuring a busy Tet season for Vietnam's travel industry.

Agoda said the top destinations within Vietnam over Tet will be Ho Chi Minh City, Danang, Nha Trang, Hanoi, and Phu Quoc.

Vietnamese visitors are also packing their bags for their annual break - with Da Lat proving to be this year's top domestic destination.

The hilltop retreat claimed top honors, ahead of seaside locales Nha Trang, Danang and Phan Thiet.

HCMC rounded out the top five, placing fourth in terms of bookings across the period.

Increasingly, local travelers have been opting to travel beyond their borders over Tet, with this year's data showing travelers opting for big cities, with Bangkok, Singapore, Seoul, Tokyo and Bali filling out the top five destinations for locals who are getting their passports out this year.

Lam Vu, country director at Agoda Vietnam, said: "Tet is a time of renewal and celebration, and we see this reflected in the travel choices of our customers. The diversity of preferred destinations speaks to the rich tapestry of experiences sought by travelers during this festive season."

According to Booking.com’s Travel Predictions 2024 research, travelers are seeking cooler destinations to escape the heat, with 82% of Vietnamese travelers citing an interest in water-centric vacations this year.

This is reflected in the top 10 most searched destinations by Vietnamese travelers for domestic travel, where six out of the 10 destinations include beach destinations like Nha Trang, Đanang, Vung Tau, Phu Quoc, Mui Ne and Hoi An.

Besides beaches, bustling cities like HCMC and Hanoi with street vendors selling numerous traditional Tet delicacies, the ancient city of Hoi An adorned with thousands of lanterns, and the mountainous terrain of Sa Pa with awe-inspiring rice terraces, are also destinations Vietnamese travelers are exploring this Tet, the company said.

A report from tourism ticket selling platform Klook showed Vietnamese travelers are Asia Pacific (APAC) torchbearers as travel enthusiasts in 2024, as over 90% have already booked trips from now until the latter half of the year.

However, bucking the trend of rigid itineraries, Vietnamese are the most spontaneous travelers in APAC as up to half of them book travel experiences after they land or in-destination.

With the strongest preference for uniqueness of travel experiences in a destination, about 64%, while also being the most likely to try something new based on travel recommendations (38%) among the travelers in APAC, Vietnamese are also the most fear of missing out (FOMO)-fuelled explorers in the region.

Nature and outdoor activities, theme parks and cultural experiences are among the top ways Vietnamese travelers aim to fully enjoy their vacations, Klook said.

The survey by Klook revealed that in 2024, millennials and Gen Z will break away from pandemic habits of me-time and solitary routines of self-care, and will actively choose to venture back on the road to connect and discover with their loved ones.

Nine out of 10 APAC travelers want to pursue trips with others, be it family, partners, or close friends. When it comes to who to share these experiences with, 30% of travelers opt for their partners, and 26% look for family-oriented adventures.

Across APAC, Vietnam reigns supreme as family travellers, with nearly three in five travelers prioritising bonding with loved ones.

APAC travelers are ready to increase their budgets to get the most out of travel in 2024, with three in five ready to spend at least 30% to 50% more on their holidays, a significant rise given an estimated average travel spending of $2,000 in 2023.

This willingness to spend is directed towards experiences that promise meaningful and impactful connections, where they are ready to invest up to half their travel budget on activities and experiences despite rising costs due to global inflation.

Vietnamese travelers even invest more on experiences with 17% willing to allocate over half their travel budget on experiences, which is one of the highest figures in APAC.

Comments (0)
  • Read More
Institutional breakthroughs to provide solid foundation for heightened business confidence: economists

Institutional breakthroughs to provide solid foundation for heightened business confidence: economists

At a meeting of the National Assembly's Economic Committee in early February, the government proposed the 2025 GDP growth be "8% or more", instead of 6.5-7% set last November. The Investor introduces opinions of some leading Vietnamese economists on this proposed target.

Economy - Mon, February 17, 2025 | 8:02 am GMT+7

Vietnam consumer credit enters new growth cycle

Vietnam consumer credit enters new growth cycle

After the decrease in consumer capital demand, negative growth, and peaking bad debts in 2023, Vietnam’s consumer financial market is entering a new growth cycle, backed by positive signs from the macroeconomic environment.

Finance - Sun, February 16, 2025 | 3:19 pm GMT+7

Vietnam property investors seek new opportunities in provincial markets

Vietnam property investors seek new opportunities in provincial markets

Real estate investors in Vietnam, both individuals and organizations, are shifting their investments from city centers to suburban regions and neighboring provinces where land remains abundant and significant investments are being made in infrastructure, particularly in transportation.

Real Estate - Sun, February 16, 2025 | 2:00 pm GMT+7

Five Vietnam pilgrimage destinations perfect for spiritual seekers: Booking.com

Five Vietnam pilgrimage destinations perfect for spiritual seekers: Booking.com

Booking.com, the world's leading digital travel company, has suggested some destinations in Vietnam for those seeking spiritual enrichment and a chance for reflection and connection, including Ba Den mountain and Bai Dinh pagoda.

Travel - Sun, February 16, 2025 | 10:59 am GMT+7

Malaysia takes the lead in data center development

Malaysia takes the lead in data center development

Malaysia is making efforts to align with the global trend towards digitalization, which is driving demand for data centers, cloud computing, blockchain, and artificial intelligence (AI).

Southeast Asia - Sun, February 16, 2025 | 10:57 am GMT+7

WB sees Thai fiscal risks mounting due to spending surge

WB sees Thai fiscal risks mounting due to spending surge

Thailand’s pursuit of an expansionary fiscal policy strategy to propel growth faces the risk of rising costs for elderly care, investment and the need to keep public debt level to sustainable levels, according to the World Bank.

Southeast Asia - Sun, February 16, 2025 | 10:41 am GMT+7

Vietnam mining stocks rally amid global trade tension

Vietnam mining stocks rally amid global trade tension

Shares of Vietnam’s mining companies have rallied since early this month, fueled by heightened global trade tensions following the start of Donald Trump’s second term as the U.S. president.

Finance - Sun, February 16, 2025 | 10:36 am GMT+7

Online purchase below VND2 mln may be exempt from Vietnam import tax

Online purchase below VND2 mln may be exempt from Vietnam import tax

The Vietnamese Ministry of Finance has proposed exempting goods purchased through e-commerce platforms worth no more than VND2 million ($78) from import tariff, with an annual purchase limit of VND96 million ($3,781).

Finance - Sun, February 16, 2025 | 8:00 am GMT+7

Malaysia expected to remain magnet for FDI

Malaysia expected to remain magnet for FDI

Malaysia’s foreign direct investment (FDI) is expected to remain robust in the long term, but there could be repercussions in the short term as investors hold back on their investment decisions amid heightened global uncertainties.

Southeast Asia - Sat, February 15, 2025 | 9:01 pm GMT+7

Laos to build $1.9 bln wind power plant to export electricity to Vietnam

Laos to build $1.9 bln wind power plant to export electricity to Vietnam

The Lao Government and Chitchareune Construction - a Lao builder will jointly build the 1,200 MW Nong wind power plant, with an investment of $1.9 billion, to export electricity to Vietnam.

Energy - Sat, February 15, 2025 | 8:46 pm GMT+7

Malaysia needs more funding for semiconductor sector

Malaysia needs more funding for semiconductor sector

Malaysia needs more funding for the implementation of the National Semiconductor Strategy (NSS) to enhance its competitiveness with neighboring countries, said Penang Chief Minister Chow Kon Yeow.

Southeast Asia - Sat, February 15, 2025 | 4:31 pm GMT+7

Thailand considers easing rules on income from overseas

Thailand considers easing rules on income from overseas

Thailand’s government is considering easing personal income tax rules for individuals’ overseas income to encourage the remittance of those funds back into the country, said a senior official.

Southeast Asia - Sat, February 15, 2025 | 4:29 pm GMT+7

Nissan to close factory in Thailand

Nissan to close factory in Thailand

Japanese automaker Nissan has announced plans to close one of its two automobile factories in Thailand this year, following the collapse of merger talks with Honda.

Southeast Asia - Sat, February 15, 2025 | 4:10 pm GMT+7

Vietcombank leads Vietnamese banks in 2024 pre-tax profit

Vietcombank leads Vietnamese banks in 2024 pre-tax profit

Vietcombank reported a pre-tax profit of VND42.2 trillion ($1.66 billion) last year, ranking as the most profitable Vietnamese lender, according to the Vietnam Banking Association (VNBA).

Banking - Sat, February 15, 2025 | 4:04 pm GMT+7

Vietnam's leading trade firm Hapro appoints new general director

Vietnam's leading trade firm Hapro appoints new general director

Hanoi Trade Corporation (Hapro), a leading producer and exporter of agricultural produces in Vietnam, has appointed deputy general director Duong Thi Lam as general director, effective from March 1, 2025.

Companies - Sat, February 15, 2025 | 2:18 pm GMT+7

Private Vietnamese lender DongA Bank renamed Vikki Bank

Private Vietnamese lender DongA Bank renamed Vikki Bank

DongA Bank, a private lender in Vietnam, has changed its name to Vikki Bank, with approval from the State Bank of Vietnam (SBV).

Banking - Sat, February 15, 2025 | 10:59 am GMT+7