Taiwan tourist arrivals to Vietnam jump 22 percent year-on-year

Taiwan also stands as the country’s fourth largest source of foreign capital

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Ho Chi Minh City, Vietnam

Ho Chi Minh City, Vietnam

TAIPEI (Taiwan News) - More than 3 million foreign tourists visited Vietnam in the first three months of 2017, a 29 percent increase from a year earlier, while tourists from Taiwan increased 22.4 percent, according to Vietnam National Administration of Tourism.

According to the data, China was the Southeast Asian country’s biggest source of tourists in the first quarter, with 940,000 arrivals, followed by South Korea and Japan, with 530,000 and 200,000 arrivals, respectively.

Vietnam has welcomed 150,142 Taiwanese tourists in the same period, marking a 22.4 percent increase from the year before to come in 6th.

The Vietnamese government has stepped up its effort in promoting the nation’s tourism in recent years. The International Tourism Fair of Vietnam held in its capital Hanoi in early April has attracted a total of 646 travel agencies from as many as 25 countries worldwide.

On the other hand, the number of Vietnam’s tourist arrivals to Taiwan has also seen sharp growth since the government offered e-visas for tour groups from the Southeast Asian country, with an increase of 50,000 to 190,000 in 2016 from the year before.

In addition, more than 40,000 Vietnamese tourists have visited Taiwan in the first two months of this year, a year-on-year increase of 91.04 percent, according to government data.

Under Taiwan’s “New Southbound Policy,” which seeks to forge closer trade and economic ties with countries in South and Southeast Asia, Vietnam is seen as one of the most important nations for Taiwan and is among the six targeted countries to be included in the first phase of the policy, along with the Philippines, Indonesia, India, Thailand, and Malaysia.

The latest statistics released by Vietnam’s General Statistics Office showed that Taiwan stands as the country’s fourth largest source of foreign capital, with a total of $644.18 million worth of FDI being registered in the first three months of this year, trailing only behind South Korea, Singapore, and China.