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Vietnam

Vietnam

IT infrastructure for vaccine passports now almost in place.
Lockdown Status
Open
Inbound Travel
Restricted
Outbound Travel
Partial
Confirmed
2,714
28 per million
7 Day Rolling Ave
+9 ▲
+22% vs prev week
Deaths
35
0.4 per million
Fully Vaccinated
-
0.00% of pop.
Source: Cases - John Hopkins University (2021-04-13). Retrieved from OurWorldInData.org

Latest Travel Industry News

Policy Summary

Lockdown Status

Businesses open in majority of country. Schools across Vietnam reopened. Face masks should be worn in public places.

Travel Restrictions

Tourists will not be permitted to enter Vietnam. Experts, business managers or highly skilled workers can enter with relevant permissions. Domestic flights permitted.

Containment Policies Timeline

How to read this graph
International Travel Restrictions
  • 0 - no restrictions
  • 1 - screening arrivals
  • 2 - quarantine arrivals from some or all regions
  • 3 - ban arrivals from some regions
  • 4 - ban on all regions or total border closure
Internal Movement Restrictions
  • 0 - no restrictions
  • 1 - recommend not to travel between regions/cities
  • 2 - internal movement restrictions in place
Stay At Home Requirements
  • 0 - no measures
  • 1 - recommend not leaving house
  • 2 - require not leaving house with exceptions for daily exercise, grocery shopping, and 'essential' trips
  • 3 - require not leaving house with minimal exceptions (eg allowed to leave once a week, or only one person can leave at a time, etc)
School Closures
  • 0 - no measures
  • 1 - recommend closing
  • 2 - require closing (only some levels or categories, eg just high school, or just public schools)
  • 3 - require closing all levels
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Economy Summary

Fiscal support for the tourism industry

Cut in environmental tax on jet fuel (11 Dec):

  • 30% cut in environmental tax on jet fuel until the end of 2021

Economic measures (4 Nov):

  • Tourism companies to see 80% reduction in deposits for 2 years, allowing them to have more working capital

  • 5-month extension in tax and land fee payments.

Economic measures (30 May):

  • Reduction of 15% on rental fees for state-owned land and properties for businesses forced to stop operation by COVID-19

  • Waiving fees for local airlines, reducing landing and take-off charges and air navigation services fees by 50% for domestic flights from Mar-Sep.

  • Airlines are also allowed to offer zero air fares for certain services

  • Mobile money scheme will also be allowed to pilot for low value transactions

  • MSMEs could also benefit from a proposed 30% cut in corporate tax this year

Circular 35/2020/TT-BTC (14 May):

  • License fees for international and domestic firms reduced by 50% from 6 May to year end

  • Fee for tour guide card reduced to $4 USD from $14 USD

Decree 41 (8 Apr):

  • Delaying of VAT and Corporate Income Tax payments and land rental fees by 5 months

  • Land rent fees delayed by 5 months for those who lease from the government

GDP Growth Rate

% per year
7.1
2018
7.0
2019
2.3
2020
forecast
6.1
2021
forecast

Inflation Rate

% per year
3.5
2018
2.8
2019
3.5
2020
forecast
3.5
2021
forecast
Source: Asian Development Bank. Asian Development Outlook Supplement (December 2020).

Consumer Trends Summary

Google Consumer Survey (May 2020):

  • 14% of Vietnamese would plan for their next domestic trip in the next 3 months; 11% in 3-6 months, 21% in 6-9 months, 14% in 9-12 months and 34% in more than a year from now

  • 29% of Vietnamese would consider a 25% discount on standard fares a motivator to book a hotel in the next 3 months

  • 33% of Vietnamese would consider 25% discount on standard fares a motivator to book a flight in the next 3 months

  • 35% of Vietnamese would travel anywhere in the region if they were to travel in the next 3 months, whilst 24% would travel domestically in nearby cities

Consumer Sentiment

Tourism Arrivals Summary

International Tourism Arrivals

YoY % change
32.8
Jan'20
-21.8
Feb
-68.1
Mar
-98.0
Apr
-98.0
May
-99.3
Jun
-98.9
Jul
-98.9
Aug
-99.0
Sep
-99.1
Oct
-99.0
Nov
-99.0
Dec
Jan'21
Feb
Mar
Apr
Source: Vietnam National Administration of Tourism.

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Travel impact dashboard is an easy-to-read resource to stay informed on the impact of COVID-19 on the travel industry. Get the latest travel news and analysis on Southeast Asia tourism.

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The content is a general description of informative nature only and is accurate at time of publication. Pear Anderson assumes no responsibility for completeness, errors or omissions in the information and makes no warranty as to the accuracy, completeness or suitability of the information. This collection of content is created by Pear Anderson and various sources credited on the page.