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Tourism

Vietnam's Golf Tourism Industry Booms, Expected to Reach 1 Billion USD by 2025

Strategic Insights

— 2 min read

Vietnam has emerged as a sought-after destination for high-end golf tourists, with its 80 international-standard courses attracting millions of golfers annually. The country's reputation as "Asia's golf paradise" has been cemented through its diverse landscapes, tropical climate, and world-class golf courses. Renowned sites such as The Bluffs Grand Ho Tram Strip, Laguna Lang Co, Hoiana Shores, and Ba Na Hills Golf Club continue to attract golf enthusiasts from around the world, elevating Vietnam's global profile.

Key Takeaways:

  • Vietnam's golf tourism revenue is expected to rise from 600 million USD in 2022 to 1 billion USD by 2025, around 8-10% of the national total.
  • The country has won 'Asia's Best Golf Destination' for eight straight years (2017-2024) and twice 'World's Best Golf Destination.'
  • Golf tourism now anchors a premium ecosystem of courses, hotels, resorts, cuisine, and services in Vietnam.
  • Key markets for golf tourism in Vietnam include the Republic of Korea, Japan, the US, Europe, and the Middle East.
  • Local initiatives are expanding golf tourism by combining golf with luxury resorts, gastronomy, and cultural tours.
  • Hanoi is promoting 'golfing, Old Quarter exploration, street food, and spa' experiences, while Gia Lai is promoting 'sea to highlands' tourism.
  • Korean investors have proposed two golf resort projects with 550 hectares in area and an investment of 60 million USD.
  • VNAT Vice Director Ha Van Sieu noted that golf tourism still lacks integration with culture, mainstream tours, MICE, and long-stay packages.
  • Experts emphasized the importance of stronger connections between golf operators and travel agencies to create a professional ecosystem.
  • Forming alliances among golf enterprises will help build local brands, develop integrated services, and host more international tournaments.
  • Vietnam's national tourism strategy to 2030 identifies golf tourism as a priority to enhance competitiveness.

Statistics:

  • Vietnam has over 80 international-standard golf courses.
  • Golf tourists spend six times more than average tourists.
  • Vietnam is expected to reach 1 billion USD in golf tourism revenue by 2025.
  • Key markets for golf tourism in Vietnam include the Republic of Korea (12%), Japan (10%), the US (10%), Europe (8%), and the Middle East (6%).
  • 500,000 golf tourists are expected to visit Vietnam annually by 2025.
  • Golf tourism currently accounts for around 8-10% of Vietnam's national tourism revenue.

Sources:

  • The article did not mention any specific sources, but information was gathered from the Vietnam National Authority of Tourism (VNAT) and the Ministry of Culture, Sports and Tourism.

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