Comparison of the impact of Korean and Chinese tourists on the economy of Da Nang city, Vietnam

Abstract

Presently, tourism plays a crucial role in the economic development of Vietnam in general and Da Nang city, in particular. When it comes to tourism, Vietnam has been known as an interesting and attractive destination for not only the imposing and beautiful scenes of nature but also its long-standing diversified culture. Da Nang city is located in the middle of Vietnam that is well-known as a new rising and famous destination in Vietnam. In the flow of global tourism development, in 2016, according to Vietnam National Administration of Tourism, international tourist arrivals in Da Nang reached 1.7 million in which Chinese and Korean tourists accounted for more than 54%. This research will carry out the analysis of Korean and Chinese tourist daily expenditure and their consumption habits in order to bring out the impact of these kinds of tourist on economic dimension of tourism in Da Nang city. The theoretical frameworks that the study based on are the tourism-led growth hypothesis and the leakages of tourism. Moreover, the paper also aims to examine whether Korean or Chinese tourists have stronger influence on local economy, which helps local authority in finding out the target group of tourist and increasing that number of tourists in order to develop the economics of tourism in the city.