January 18, 2022
According to the research report titled ‘Huge Growth Opportunities in the Vietnam International and MICE Tourism Market and Forecast’, available with MarketStudyReport, Vietnam international and MICE tourism market is anticipated to record a strong y-o-y growth rate through 2025.
As per the report findings, rising number of international tourists, improved spending capacity of individuals, allowing them to take international trips, in consort with increasing internet penetration easing online bookings are the primary growth catalysts for Vietnam international and MICE tourism market.
Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/2190835/
In addition to drivers and opportunities, the paper also includes existing and upcoming business difficulties, as well as potential solutions. It takes into account the history of market expansion as well as current trends in order to generate accurate projections for growth rate, size, and revenue share over the forecast timeline.
The research provides an in-depth examination of traveler flows, spending habits, major destination markets, as well as existing and future prospects for tourism enterprises to tap into the Vietnam international and MICE travel market.
The market's drivers and restraints are researched in depth in order to gain a better understanding of the market and its future growth potential. An analysis of 20 nations, including Canada, South Korea, China, Thailand, Malaysia, Taiwan, Singapore, Japan, Philippines, Indonesia, United States, Italy, France, Germany, Russia, New Zealand, United Kingdom, Spain, Netherlands, and Australia is entailed to identify major opportunities.
This research also offers detailed information on MICE tourism, a fast expanding part of the travel sector. As per estimates, Vietnam MICE tourism vertical is poised to reach USD 8 billion by the year 2025. Also, international tourist arrivals to Vietnam is predicted to exceed 35 million by 2025.
Finally, Vietnam international and MICE tourism market study performs a deep-dive survey of the competitive landscape for the years 2015-2025, allowing stakeholders to make well-informed decisions.