Tourist arrivals in Vietnam rose by 17.60 percent year-on-year to 1.2 million in October of 2018 from 993.1 thousand in the same month a year earlier. Visitors increased from Asia (20 percent), mainly from China (20 percent), South Korea (38.1 percent), and Taiwan (12.1 percent); European countries (10.1 percent) namely Russia (10.2 percent), the UK (6.5 percent), French (12.6 percent), and Germany (9.4 percent); America (11.4 percent), mostly from the US (11.4 percent); and Australia (1.7 percent). Considering January to October 2018, tourist arrivals surged 22.4 percent from the same period the prior year to 12.82 million. Tourist Arrivals in Vietnam averaged 883.03 Thousand from 2015 until 2018, reaching an all time high of 1431.80 Thousand in February of 2018 and a record low of 529.40 Thousand in June of 2015.
Tourist Arrivals in Vietnam is expected to be 1285.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Tourist Arrivals in Vietnam to stand at 1350.00 in 12 months time. In the long-term, the Vietnam Tourist Arrivals is projected to trend around 1470.00 Thousand in 2020, according to our econometric models.