IMPACT OF THE COVID-19 PANDEMIC ON ATTRACTING INTERNATIONAL TOURISTS TO VIETNAM: A GRAVITY MODEL AND HAUSMAN-TAYLOR ESTIMATION APPROACH
Tóm tắt
This study will employ the gravity model in tourism, HausmanTaylor estimation and a panel dataset from 2010 to 2021 of 27 country partners
to evaluate the impacts of Covid-19 pandemic on attracting international
tourists to Vietnam. The results show that, over the past years, Vietnam has
attracted a significant number of international tourists. However, the COVID-
19 epidemic has markedly reduced the number of international tourists during
2019-2021 to the country. The robust check using the Fixed-Effects and
Random-Effects models also indicates the same conclusion. In order to attract
more international tourists, Vietnam needs to focus on promoting tourism to
international tourists, diversifying tourism products and ensuring security,
preserving as well as protecting the environment and tourism landscape in the
coming years.