Released on = June 10, 2007, 10:25 pm

Press Release Author = Shushmul Maheshwari

Industry = Transportation & Logistics

Press Release Summary = Vietnam tourism industry is expected to grow at a CARG of
14% during the next five years’ period (i.e. from 2007 to 2011). And, the
country is expected to become one of the top ten tourist destinations by the year
2016.

Press Release Body = In its recently published market research report on
“Opportunities in Vietnam Tourism Industry (2007-2009)\", RNCOS has found that
the tourist influx in Vietnam would grow at a CAGR value of approximately 14% over
the next five years (2007-2011).

Vietnam is one of the best performing economies in Asian region. The country
welcomed around 3.6 million international tourists last year (2006), representing a
2.1 million increase from 2000. And, receipts from incoming tourists reached almost
US$2.4 Billion (around 3.9% of overall GDP), US$1.2 Billion up against 2000.

By 2016, Vietnam is expected to emerge as one of the top ten tourist destinations in
the world. As a result of the tourism industry’s expansion, there will be more
job opportunities, and increased incomes & consumer spending. This will also drive
the economic growth in the country. Aviation, transportation, hospitality and other
industries closely associated with the tourism industry will also benefit from this
surge in tourism.

As per the RNCOS report “Opportunities in Vietnam Tourism Industry
(2007-2009)\", “Tourism is amongst the most rapidly growing industrial sectors
in most countries of the world. And, in Asian countries, Vietnam in amongst the
destinations enjoying maximum growth rates in tourist arrivals. In recent years, the
country has welcomed visitors from different countries. The list includes long haul
visitors from countries such as US, China, Australia, and France, and regional
travelers from adjoining countries within ASEAN (Association of South-East-Asian
Nations) and high spending visitors from North East Asia.”

Key issues and facts analyzed in this report include: performance of Global tourism,
Asia-Pacific tourism and ASEAN tourism industry, position of Vietnam tourism
industry with respect to the ASEAN tourism industry, outbound tourism, domestic
tourism, and expenditure by inbound tourist, etc.

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

Contact Details = RNCOS E-Services Pvt Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com