The Viet Nam National Administration of Tourism (VNAT) has asked the Ministry of Finance for an increase in the State budget to meet increased demand for tourism.
According to a recent VNAT report, over 4.3 million foreign travellers visited the country during the first eight months, a 10% increase over the same period of 2011, while the number of domestic tourists reached 23.2 million, an increase of seven percent compared to the same period of 2011.
Deputy director of VNAT, Mrs Hoang Thi Diep said tourism needs more money for promoting brand names, products and sites.
She said that last year VND35 billion (US$1.6 million) was spent on tourism promotion. However, the amount was only VND30 billion in 2012. ”Due to the current fierce competition, tourism promotion is really crucial,” said Mrs Diep “However, the lack of State funds is preventing tourism from developing.”
In 2012, tourism has earned VND98 trillion (US$4.6 billion) so far, a 15% increase compared against the same period 0f 2011.
(Source: VNA)
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