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What is tourism?

From the perspective of an economic sector, tourism is an integrated business that brings high
efficiency in many aspects: improving understanding of nature, historical traditions, and national
culture, thereby contributing to the growth of tourism. more love for the country. Besides, tourism is
also considered a form of export of goods and services on the spot, bringing great economic efficiency.

The advantage of tourism

The role of the tourism industry in contributing to the gross national economic product.One of the
benefits of the tourism industry is the large contribution of tourism to the gross national economic
product in many countries. In the case of Vietnam in particular, the tourism industry is now considered
as one of the three major economic sectors that are focused on investment, constantly developing and
making positive contributions to the national economy.

People's income is improved

Developing tourism activities, creating budget sources for localities from budget deductions from
tourism establishments under direct local management and from taxes payable by tourism businesses.
business in the area. In localities with traditional craft villages, they take advantage of their strengths to
develop the economy by introducing and selling handmade products. Not only selling to tourists, but
this is also an opportunity to increase local income in the form of export.

– Increase the source of income for the state: Tourists are also obliged to pay taxes. It can be a direct tax
such as departure tax payable at the airport or room rental in addition to the bill of payment for the stay
at the hotel. It can also be an indirect tax such as an aircraft grounding tax, a fuel tax or a value-added
tax on goods and services. However, the benefits from this source of income are weighed against the
increased responsibilities and costs of the state. In some cases the government of a country is forced to
reduce taxes to encourage investment. In other cases, incomes may be reduced due to increased
tourism development costs. It is investment in the country's infrastructure such as roads, public
transport, airports, railway stations, docks, electricity and water, and communications. Building these
amenities up to standards is essential and requires huge investments.

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