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Vietnam dropped many locations within the journey and tourism growth index

The 2024 Journey and Tourism Improvement Index (TTDI) is a complete report, together with 5 teams with 17 indicators assessing the tourism and journey business growth capability of 119 nations and territories above. world. These 17 indicators are calculated from many smaller indicators.

This yr, Vietnam’s Journey and Tourism Improvement Index ranked 59/119 with a median rating of three.96/7. This can be a vital decline in comparison with 2022, when Vietnam ranked 52/117 with a median rating of 4.1/7.

In accordance with WEF analysis in 2024, the index with the bottom rating of Vietnam’s tourism business is Tourism Service Infrastructure (2.2 factors, ranked 80/119). The Precedence Index for tourism and journey reached 3.63 factors, ranked 98/119.

Vietnam’s lowest rating index is the Socio-Financial Affect of the Tourism Business, reaching 2.95 factors, rating close to the underside of the desk at place 115/119. This index measures the financial and social affect of the journey and tourism business, together with its contribution to the financial system, the supply of high-paying jobs and gender equality within the workforce.

Supply: World Financial Discussion board (WEF)

The very best indicators of Vietnam’s tourism business are Aggressive costs (5.68 factors, ranked sixteenth), Safety and security (6.19 factors, ranked twenty third). Vietnam is extremely rated for indicators within the Journey and Tourism Assets group, such because the Pure Assets index (ranked twenty sixth), Cultural Assets (ranked twenty eighth) and Assets apart from leisure/resorts. (rank 38).

Within the Southeast Asia area, Singapore has the best rating when ranked 13/119 nations. The nations ranked above Vietnam are Indonesia (ranked twenty second), Malaysia (ranked thirty fifth), and Thailand (ranked forty seventh). The nations ranked under Vietnam are the Philippines (ranked 69), Cambodia (ranked 86) and Laos (ranked 91). Amongst Southeast Asian nations, Indonesia is probably the most improved nation in comparison with the earlier evaluation, leaping from thirty sixth to twenty second.

On January 5, 2024, the Authorities issued Decision No. 02/NQ-CP on essential duties and options to enhance the enterprise surroundings and improve nationwide competitiveness in 2024, together with the objective of bettering the enterprise surroundings and enhancing nationwide competitiveness in 2024. By 2025, try to extend the World Financial Discussion board’s (WEF) Journey and Tourism Improvement Capability (TTDI) rating by at the least 2 locations.
The precise objective in 2024 is to lift the rating of the Precedence index group for tourism and journey by at the least 5 ranges; Increase the rating of the Tourism Service Infrastructure index group by at the least 3 ranges.