Vietnam to grant E-visas to citizens of 40 countries as per 1 Febaruary 2017. According to Decree 07/2017-NĐ-CP, 25 Jan 2017, procedures for applying and payment will be done online. It will take 3 days to process applications for an e-visa valid for 30 days. The visa does not require letters of guarantee or invitation. By facilitating visas, Vietnam expects to earn $35 billion from tourism in 2020.
Foreign citizens will be granted a e-visas for exit and entry through international border gates as listed in Appendix II attached to Decree 07/2017-ND-CP, including Tan Son Nhat Airport in HCM City and Noi Bai Airport in Ha Noi.
The list of 40 countries, including the United States, is approved by the Ministries of Public Security, Defence and Foreign Affairs.
The granting of normal, temporary visitor visas for U.S. citizen business and leisure visitors, one year validity, multiple entry, will still be implemented in line with regulations of the Law on Entry, Exit, Transit, and Residence for Foreigners in Vietnam. Note: one-year validity is the period during which the visa may be used for entry; multiple-entry indicates that the visa may be used many times during the “validity period.” The “period of stay” may vary. U.S. temporary visitor visas for Vietnamese citizens generally allow a “period of stay” of 90 days, six months, or one year.
Studies show that a visa regime that facilitates business and leisure visitors will result in substantially increased tourism arrivals, and also increase foreign direct investment (FDI) by 20% or more.
e-visa Application Form, Form 01 to Decree 07/2017/ND-CP, 25 Jan 2017 (reference only, pls complete the form at the above online links.)
Vietnam to begin granting e-visas in Feb 2017, Vietnam Investment Review, Jan 28, 2017
Vietnam- U.S. Visa Reciprocity Agreement, 2016 one-year validity, multiple entry visas for U.S. citizen temporary visitors to Vietnam (business, leisure).
Travel & Tourism Economic Impact 2015: Vietnam, World Travel & Tourism Council
The total contribution of Travel & Tourism to Vietnam’s GDP was 9.3% in 2014, and is forecast to rise to 9.4% in 2025.
In 2014, the total contribution of Travel & Tourism to employment, including jobs indirectly supported by the industry, was 7.7% of total employment (4,088,500 jobs). This is expected to rise to 4,842,000 jobs in 2025 (7.9% of total).
Travel & Tourism Economic Impact 2016: Vietnam, World Travel & Tourism Council
The total contribution of Travel & Tourism to Vietnam’s GDP was 13.9% in 2015, a sharp increase over 2014, and is forecast to rise to 15.2% in 2026.
In 2015, the total contribution of Travel & Tourism to employment, including jobs indirectly supported by the industry, was 11.2% of total employment (6,035,500 jobs). This is expected to rise to 7,632,000 jobs in 2026 (12.3% of total).
Vietnam to earn $35 billion from tourism in 200, V2N Express, Jan 18, 2017
Detrimental impact of visa restrictions on bilateral trade and foreign direct investment, Eric Neumayer, 2010
“By raising the costs of travel and deterring some visitors, visa restrictions hamper personal contact across borders, which is detrimental to trade and FDI. Employing a standard gravity-type model in a global dyadic country sample, I estimate that if one country unilaterally requires a visa from nationals of the other country with no reciprocal restriction in place by the partner country, this lowers bilateral trade and FDI by up to 19% and 25%, respectively. If both countries require a visa from nationals of the other country, the effect on trade is larger, but less than double, at up to 28%, while the effect on FDI is essentially the same as for unilateral restrictions.”