Tourism revenues this year after opening the borders and lifting most Covid restrictions were VND495 trillion (US$21 billion), exceeding the target by 23%, according to the General Statistics Office.
It was equivalent to 66% of revenues in 2019, the year before Covid struck, of $31 billion, or 12% of GDP.
Vietnam this year only received 3.6 million foreign tourists, or 70% of the target, but domestic tourism was a bright spot even surpassing pre-pandemic levels with 101 million travelers.
Despite falling short this year, the tourism industry has set a target of eight million foreign tourists for next year.
It expects to earn revenues of VND650 trillion ($27.3 billion).
Vietnam opened its borders in March, becoming one of the first Southeast Asian countries to fully reopen to international tourism.
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