Vietnam’s online travel market expected to reach $9 billion by 2025

Vietnam’s online travel market expected to reach $9 billion by 2025

According to Google and Temasek, growth of Vietnam’s online travel market size in 2018 reached US$3.5 billion, a year-on-year rise of 15 percent, and is expected to be $9 billion by 2025. Plane ticket, hotel, and tour bookings and other tourism services online will grow rapidly.

Vietnamese travel agents not fully exploit online tourism potential

Vietnamese travel agents not fully exploit online tourism potential

According to the Vietnam National Administration of Tourism’s statistics, domestic online tourism trading floors have just carried out 20 percent of service on the Internet while the remaining have been done by foreign floors (whereas growth speed of online tourism is projected to reach 50 percent).