Released on = August 31, 2007, 10:26 pm

Press Release Author = Shushmul Maheshwari

Industry = Media

Press Release Summary = Vietnam, a strategically positioned tourist destination, has
recorded and is poised to post healthy growth in international tourist arrival in
near future. China's geographical proximity and flight initiation from US has
spurred this growth.

Press Release Body = Vietnam, a Southeast Asian country, received over 3.5 Million
international tourists in 2006, a straight growth of more than 3% over 2005. Also,
it recorded an impressive CAGR growth of over 8.9% from 2001 to 2006, according to a
recent report "Opportunities in Vietnam Tourism Industry (2007-2009)" by RNCOS.

The tourist influx increased at unprecedented rate in Vietnam in the first half of
2007 - Ho Chi Minh City alone received about 1.26 Million international tourists, a
YOY growth of over 11% and over 655,000 holidaymakers explored the colonial setting
of Hanoi, posting a hike of around 14%. So it can be inferred that the country is
well positioned to meet its target of serving around 4 to 4.4 Million international
trippers this year.

The substantial growth was credited to the business delegations coming to the
country and demitting of visa for RoK nationals by the Vietnam government. The other
reasons that lured tourists were Vietnam's natural and cultural heritage, low cost
of living, and starting of direct flights from San Francisco to Ho Chi Minh City by
UA (United Airlines) that pushed the tourist arrival from US. The cooperation
between Vietnam Airlines and US helped to attract over 200,000 tourists from US to
Vietnam, translating into a YOY growth rate of over 5%.

As far as the country by the highest tourist arrival is concerned, China remains at
the top, due to its geographical closeness with Vietnam and a varied traffic system
connecting the two nations, making the entry of Chinese tourists easier.

The RNCOS report \"Opportunities in Vietnam Tourism Industry (2007-2009)" says that
based on the current policy environment and market scenario, the tourist arrival in
Vietnam is expected to hit a CAGR value of around 14% from 2007 to 2011. The growth
attained by departures and arrivals is principally because of heightened travel
confidence and strong economic condition as the country's GDP for the forecasted
period is anticipated at around 7%.

The market research gives a detailed overview of Vietnam tourism industry, covering
inbound and outbound tourism, expenditure statistics, transportation, market driving
factors, opportunities and challenges for the market. It also augurs the forecast of
the market based on the current market scenario.

About RNCOS E-Services Pvt Ltd.:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM517.htm
Current Industry News: http://www.rncos.com/blog


Web Site = http://www.rncos.com

Contact Details = Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229