In the first six months of 2024, the total tourism revenue of Ho Chi Minh City is estimated at 92.643 trillion VND, an increase of 14.6% compared to the same period in 2023, reaching 48.8% of the 2024 plan.
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According to the report on the socio-economic situation of Ho Chi Minh City for June and the first six months of 2024 by the Ho Chi Minh City Statistics Office, in the first six months of 2024, the total tourism revenue is estimated at 92.643 trillion VND. Domestic tourists to Ho Chi Minh City are estimated at 17,135,045 arrivals, and international tourists to Ho Chi Minh City are estimated at 2,678,275 arrivals.
In the first six months of 2024, the total tourism revenue of Ho Chi Minh City is estimated at 92.643 trillion VND, an increase of 14.6% compared to the same period in 2023, reaching 48.8% of the 2024 plan. Domestic tourists to Ho Chi Minh City are estimated at 17,135,045 arrivals, an increase of 4.4% compared to the same period in 2023, reaching 45.1% of the 2024 plan; international tourists to Ho Chi Minh City in the first six months of 2024 are estimated at 2,678,275 arrivals, an increase of 38% compared to the same period in 2023, reaching 44.6% of the 2024 plan.
The city has received and worked with over 84 delegations from both domestic and international sources to explore the investment and business environment, and to discuss activities related to trade and investment promotion.
Ho Chi Minh City organized 88 trade and investment promotion activities both domestically and internationally, attracting more than 9,935 businesses to participate, promoting and introducing products, and expanding the consumer market through a series of promotional events and market information sessions.
International trade fairs, product exhibition weeks; B2B connection activities between domestic enterprises and foreign enterprises, retail groups, and modern distribution systems; training and coaching activities to support businesses in brand building, product quality improvement, market development, and international economic integration; a series of conferences to attract and invite investments into key industries and major projects of Ho Chi Minh City.
By the end of June, commerce and services in Ho Chi Minh City were bustling with many programs implemented to stimulate consumption and serve the entertainment needs of the people during the summer tourist season.
Revenue from accommodation and food services in June 2024 is estimated at 11.123 trillion VND, accounting for 11.2% of the total retail sales of goods and consumer service revenue, an increase of 3.5% compared to the previous month and an increase of 3.0% compared to the same period last year.
Among these, accommodation revenue increased by 2.1% compared to the previous month and increased by 19.1% compared to the same period last year; revenue from food services increased by 3.7% compared to the previous month and increased by 0.9% compared to the same period last year.
In total, in the first six months of 2024, revenue from accommodation and food services is estimated at 62.523 trillion VND, an increase of 8.1% compared to the same period last year. Among these, the accommodation sector increased by 43.3% and the food service sector increased by 3.9%.
Revenue from travel services in June 2024 is estimated at 3.917 trillion VND, an increase of 19.6% compared to the previous month and an increase of 55.5% compared to the same period last year. In total, in the first six months of 2024, revenue from travel services is estimated at 19.049 trillion VND, an increase of 63.3% compared to the same period last year.
In the second quarter of 2024 alone, the total retail sales of goods and consumer service revenue is estimated at 284.042 trillion VND, an increase of 5.9% compared to the same period last year.
Among these, travel services increased by 64.3%, retail sales increased by 8.7%; accommodation and food services increased by 2.7%; other services decreased by 0.3%. Compared to the first quarter of 2024, total retail sales and consumer service revenue in the second quarter increased by 3.9%, among which retail sales increased by 4.8%, accommodation and food services increased by 6.3%, and travel services increased by 28.6%.
To achieve the goals and targets of the socio-economic development plan for 2024, in the last six months of the year, Ho Chi Minh City will strive to implement the tasks and solutions stated in Resolution No. 93/NQ-CP dated June 18, 2024.
One of the tasks and solutions mentioned by Ho Chi Minh City is to focus on developing the domestic market in conjunction with the campaign “Vietnamese people prioritize using Vietnamese goods”. Diversify activities and investment promotion methods, and closely link investment promotion activities with trade and tourism promotion activities.
Approve the Tourism Development Strategy of Ho Chi Minh City to 2030. Continue to implement the Smart Tourism Development Project in Ho Chi Minh City for the period 2021 – 2025, focusing on the project “Building a tourism service database system”. Implement the Ho Chi Minh City tourism stimulus program for 2024.
The Department of Tourism will coordinate with other departments to complete the monthly brand event series, promote early investment, and implement solutions to turn Ho Chi Minh City into a destination, extend the stay of tourists from 3 days to 5 days, and implement linkage solutions with provinces in the Mekong Delta.
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Source: Vietnam Insider