Vietnam has highest increase in tourism development index

30/5/22

 Vietnam’s tourism has stepped up eight places on the 2021 Tourism and Travel Development Index (TTDI), according to the World Economic Forum (WEF) Report.


Tourists in Hoi An City, Quang Nam province. Vietnam experienced the greatest improvement in the 2021 Tourism and Travel Development Index (TTDI).__Photo: VNS/VNA

Vietnam experienced the greatest score improvement, rising by 4.7 percent to leap from 60th to 52nd on the overall index. Indonesia and Saudi Arabia also had great improvements in rank, with an increase of 3.4 percent to the 32nd place and 2.3 percent to the 33rd place, respectively, the report said. 

The WEF report shows that Vietnam’s improved rankings have resulted from its achievements in COVID-19 prevention, measures of safe and flexible adaptation to the pandemic, and continuous efforts to develop safe tourism.

The report noted that relatively stagnant TTDI results reinforce the difficult situation the Travel and Tourism (T&T) sector faces. On average, TTDI scores increased by just 0.1 percent between 2019 and 2021.

According to the report, aside from the United States (2nd), the top 10 scoring countries are high-income economies in Europe and Eurasia or Asia-Pacific regions. 

Japan tops the ranking, with fellow regional economies Australia and Singapore coming in 7th and 9th, respectively. Meanwhile, Italy joined the top 10 (up from 12th in 2019) in 2021. 

The remaining top 10 TTDI performers are Spain (3rd), France (4th), Germany (5th), Switzerland (6th) and the United Kingdom (8th).

The Asia-Pacific region is the second-highest performer in the ranking. Of its 20 constituent economies, 12 score above the TTDI average and 13 have improved their scores since 2019.

Many of the more developed economies in the region have world-class transport, tourism, healthcare and ICT infrastructure, high levels of international openness and investment in T&T, conducive business environments, high performance for socio-economic resilience and qualified and productive workforces.
 
On the other hand, the region’s less developed economies’ advantage in price competitiveness and rich natural assets are often offset by gaps in the aforementioned factors such as tourism, healthcare and ICT infrastructure, international openness and socio-economic resilience.
 
However, these gaps are being bridged somewhat as the Asia-Pacific region’s lower-middle-income economies have improved their performance, with particularly strong growth in areas such as ICT readiness.

The TTDI 2021 is an evolution of the 15-year-old Travel & Tourism Competitiveness Index (TTCI) series, according to the WEF. Over the past two years, the severe damage to the tourism sector due to the COVID-19 pandemic has completely changed its approach in that the forum changed the ranking of TTCI to TTDI.

The transformation of the TTCI into the TTDI reflects the index’s increased coverage of T&T development concepts, including sustainability and resilience impact, on T&T growth. It is designed to highlight the sector’s role in broader economic and social development as well as the need for T&T stakeholder collaboration to mitigate the impact of the pandemic, bolster the recovery and deal with future challenges and risks.

Covering a total of 117 economies, the TTDI ranking is based on the assessment of a set of tourism development capacity indexes which consists of five sub-indexes, focusing on evaluating the role of the tourism industry in broader economic and social development.
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All comments [ 19 ]


The free Wind 30/5/22 22:25

Vietnam's tourism industry has received attention from the Government with the goal of developing into a leading economic sector of the country.

Herewecome 30/5/22 22:26

The entire industry is putting all efforts and attention to restore operations after a long struggle being affected by the COVID-19 pandemic.

Robinson Jones 30/5/22 22:27

Before the pandemic outbreak, the period 2015 - 2019 witnessed a breakthrough growth of Vietnam tourism.

Wilson Pit 30/5/22 22:29

Vietnam tourism is honoured to receive various prestigious international titles and awards such as World's Leading Heritage Destination, Asia's Leading Cultural Destination, Asia's Leading Culinary Destination, Asia's Leading Destination and other 2 biggest awards for golf are World's and Asia's Best Golf Destination.

Allforcountry 30/5/22 22:30

The outbreak of COVID-19 pandemic in early 2020 seized tourism activities globally, including Vietnam.

Kevin Evans 30/5/22 22:31

Tourism and aviation were the first industries to get beaten up harshly. The number of international visitor arrivals to Vietnam in 2020 decreased by 79.5%

Swift Hoodie 30/5/22 22:32

In order to minimise the damage caused by the pandemic, the Ministry of Culture, Sports and Tourism (MOCST) proactively proposed to the Government and the Prime Minister to issue policies to support businesses and workers in the tourism industry

Enda Thompson 30/5/22 22:33

With the attention and direction of the Government, Vietnam is one of the six countries which achieved the highest COVID-19 vaccination coverage rates in the world, creating favourable conditions to resume socio-economic activities, including tourism.

Duncan 30/5/22 22:35

The campaign has received enormous support and great appreciation from localities, businesses and domestic as well as international media agencies.

Jacky Thomas 30/5/22 22:39

Asking travel service businesses to strictly implement the registration and safe declaration of COVID-19 on the online system.

Egan 30/5/22 22:40

In 2022, the tourism industry will organise and participate in international tourism programmes, events and fairs to reconnect with tourist markets

Voice of people 30/5/22 22:53

Vietnam's tourism industry will open up successfully, creating momentum for a strong recovery, worthy of being a spearhead economic sector of the country.

John Smith 30/5/22 22:54

The recent “Vietnam Hanoi Tourism and Hospitality – Managing in Uncertain Times and the Way Forward” forum brought together experts to share views on the current state of the hospitality market and map out a way forward for the post-COVID-19 recovery.

Me Too! 30/5/22 22:56

Accommodations, tour operators and travel services have been shut down or closed temporarily while most international and domestic flights have been cancelled or interrupted significantly due to travel restrictions

LawrenceSamuels 30/5/22 22:57

The past two years have been challenging for the hospitality and tourism landscape, leading to a really tough time for hotels, restaurants and tourism establishments.

yobro yobro 30/5/22 22:58

At a time of great uncertainty, we have ensured guests can trust us for flexibility, cleanliness, safety and wellbeing priority

Gentle Moon 30/5/22 23:00

Faced with temporary closures and low demand, we have identified ways for operational changes to improve profitability, protect cash flow, apply sophisticated digital solutions and train our staff with a growth mindset.

For A Peace World 30/5/22 23:02

As Vietnam is moving towards easing restrictions imposed due to the pandemic and getting the economy back on track with recovery measures and stimulus packages, the tourism sector is expected to step up gradually.

Red Star 30/5/22 23:03

Domestic tourism will surge, with a large proportion of travellers favouring green destinations ranging from beaches, mountains, forests, and national parks, followed by cuisine, culture, history and entertainment

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