Vietnamese Spend Big Money On Shopping During Overseas Trips

VietNamNet Bridge - Reports have found that the amount of money Vietnamese travelers spend on shopping overseas is higher than the fees of their tour packages.

vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, VNAT, outbound tours, Vietravel

Japan is one of favorite destination points for Vietnamese travelers



After launching a new 7-day, 6-night tour to Azerbaijan and Georgia for this summer, Vietravel had to increase the number of tours because of the unexpectedly high number of travelers, despite the high fee of VND43 million per traveler.

Tran Doan The Duy, deputy CEO of Vietravel, said travel firms must launch new tours regularly and design new itineraries because Vietnamese travelers like new products and don’t want to return to destinations they have already visited.

With increasing high income, more Vietnamese travelers are going abroad. In 2017, besides outbound tours to neighboring countries in ASEAN, Vietnamese travelers also booked tours to Taiwan with the number of travelers up by 170 percent, and to South Korea and Japan, up by 30 percent.

With increasing high income, more Vietnamese travelers are going abroad. In 2017, besides outbound tours to neighboring countries in ASEAN, Vietnamese travelers also booked tours to Taiwan with the number of travelers up by 170 percent, and to South Korea and Japan, up by 30 percent.

Deputy CEO of Fiditour Tran The Dung confirmed that the number of Vietnamese traveling abroad arranged by Fiditour had increased by 25-30 percent year on year. 

A high growth rate of 30 percent is also seen with tours to the US, Europe and Australia, which are much more expensive.

The Korean Tourism Organization (KTO) reported that more than 330,000 Vietnamese visited South Korea in 2017, an increase of 30 percent compared with the year before. Vietnam now is the eighth largest market for South Korea.

Vietnamese want to discover other cultures, while tour fees have become affordable and procedures for visas are no longer as complicated as before.

Also, outbound tours are designed well with interesting entertainment and shopping programs.

Tran Van Long, CEO of Du Lich Viet, said Vietnam is among the markets with high potential in the region, with average spending of over $1,000 per person in Singapore, South Korea, Japan and Thailand.

Dung of Fiditour said the firm’s survey found that average spending had increased from $500 per traveler three years ago to $800-1,500.  

Vietnamese like to buy products abroad because they are cheaper, and they do have to worry about counterfeit goods.

Nguyen Ngoc Hung, a tour guide, noted that Vietnamese travelers choose tours with shopping programs. 

“Vietnamese don’t like exercising. They complain if they have to walk during tours. They are satisfied with tours with a lot of shopping programs,” he said.

“Vietnamese buy electric cookers in Japan, ginseng in South Korea, and cosmetics in Europe,” he said.

RELATED NEWS

Travel firms earn big money from outbound tours

Domestic tourism gold mine for travel firms

Kim Chi

RECENT NEWS

Vietjet Launches Four Routes Linking Top Destinations Of Việt Nam And India

Vietjet has officially launched four more services linking top destinations of Việt Nam and India including HCM Ci... Read more

Sacombank To Recruit 300 Staff By July

Sacombank is set to hire 300 employees by the end of July for positions like personal/corporate customer service ass... Read more

"Fly First-Pay Later" By MOVI And Vietjet Wins Technology Award

“Fly first - Pay later” is an 100 per cent online financial product that first appeared on the Vietnamese market... Read more

EXIM Thailand Opens Representative Office In HCM City, Inks Credit Deal With BIDV

The Export-Import Bank of Thailand has agreed to provide the Bank for Investment and Development of Việt Nam with ... Read more

Vietjet Launches Two Routes To India

The two newest routes, which will operate 3 and 4 round-trip flights per week respectively, are expected to continu... Read more

Vietjet Develops E-logistics, Pays 20 Per Cent Stock Dividend

The budget carrier expects to earn more than VNĐ22.3 trillion (US$959 million) in air transport revenue in 2022 Read more