Impact of the Covid-19 Pandemic to the Tourism Industry: Evidence from Vietnam
DOI:
https://doi.org/10.25115/eea.v39i12.5517Keywords:
COVID-19 pandemic, tourism industry, tourism enterprises, VietnamAbstract
The COVID-19 pandemic appeared in Vietnam from the beginning of 2020. Even during the pandemic, the Vietnamese Government had the policy to encourage domestic tourism, minimizing the reception of foreign tourists. The COVID-19 pandemic has had a significant impact on the tourism industry in Vietnam, especially transportation, hotels, and restaurants. From contributing more than US$32.5 billion in 2019, the tourism industry contributed only US$13.5 billion in 2020, down 41.53%. The paper presents the impact of the COVID-19 pandemic on the tourism industry in Vietnam in 2020.Downloads
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