Product Code: ETC10073630 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Vietnam Event and Exhibition Market is experiencing rapid growth driven by increasing demand for professional event management services and a burgeoning exhibition industry. With a robust economy and a growing number of international corporations investing in the country, Vietnam has become a hotspot for hosting trade shows, conferences, and corporate events. The market is characterized by a wide range of events across various industries such as technology, healthcare, and automotive, attracting both local and international participants. Key players in the market include event management companies, exhibition organizers, and venue providers. The government`s support for the MICE (Meetings, Incentives, Conferences, and Exhibitions) industry through infrastructure development and favorable policies further enhances the market`s potential for expansion.
The Vietnam Event and Exhibition Market is experiencing growth driven by a booming economy and increasing investments in infrastructure. Key trends include a rising demand for experiential marketing, personalized event experiences, and sustainability practices. Opportunities exist for event organizers to tap into the growing sectors of technology, healthcare, and automotive industries for exhibitions and conferences. With the government`s support in promoting the MICE (Meetings, Incentives, Conferences, and Exhibitions) sector, there is a favorable environment for international companies to enter the market and collaborate with local event management companies. Additionally, the rise of virtual and hybrid events presents a new avenue for expansion and reaching a wider audience beyond physical boundaries.
The Vietnam Event and Exhibition Market faces several challenges, including intense competition among event organizers, limited infrastructure in certain regions, and the need for skilled event management professionals. Additionally, fluctuating economic conditions and regulatory red tape can create uncertainty for event planners. Furthermore, the COVID-19 pandemic has significantly impacted the industry, leading to cancellations and postponements of events, as well as a shift towards virtual or hybrid formats. Adapting to changing consumer preferences and technological advancements, such as digital marketing and event management tools, is crucial for the industry`s growth and sustainability in Vietnam.
The Vietnam Event and Exhibition Market is primarily driven by the rapid economic growth and increasing investments in various industries, leading to a higher demand for showcasing products and services. The country`s growing tourism sector and rising disposable income levels among the middle class have also contributed to the market`s expansion. Furthermore, the government`s initiatives to promote Vietnam as a preferred destination for international events and exhibitions have attracted a diverse range of participants and exhibitors. Technological advancements, such as digital marketing and virtual events, have also played a significant role in driving the market forward by enhancing engagement and reaching wider audiences. Overall, these factors combined create a favorable environment for the growth of the Vietnam Event and Exhibition Market.
Government policies related to the Vietnam Event and Exhibition Market focus on promoting the growth of the industry through incentives and support measures. The Vietnamese government has implemented initiatives to attract foreign investment, facilitate trade, and improve infrastructure to enhance the country`s competitiveness as a regional events and exhibitions hub. Policies also aim to streamline licensing processes, reduce administrative barriers, and provide financial assistance to local businesses in the sector. Additionally, there is a strong emphasis on sustainability and quality standards to ensure the industry`s long-term viability and contribution to the country`s economic development. Overall, the government is committed to fostering a conducive environment for the Vietnam Event and Exhibition Market to thrive and play a significant role in driving tourism and business opportunities in the country.
The Vietnam Event and Exhibition Market is poised for significant growth in the coming years, driven by the country`s robust economic development and increasing demand for international events and exhibitions. With a growing middle class and rising disposable income levels, there is a greater appetite for experiential marketing and networking opportunities, leading to an uptick in both corporate and consumer-focused events. Additionally, Vietnam`s strategic location in Southeast Asia makes it an attractive destination for regional and global events. As the government continues to invest in infrastructure and tourism, the market is expected to expand further, offering opportunities for event organizers, exhibitors, and related service providers to capitalize on the growing demand for high-quality events and exhibitions in Vietnam.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Event And Exhibition Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Event And Exhibition Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Event And Exhibition Market - Industry Life Cycle |
3.4 Vietnam Event And Exhibition Market - Porter's Five Forces |
3.5 Vietnam Event And Exhibition Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Event And Exhibition Market Revenues & Volume Share, By Revenue Stream, 2021 & 2031F |
3.7 Vietnam Event And Exhibition Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Vietnam Event And Exhibition Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing tourism industry in Vietnam leading to an increase in demand for events and exhibitions |
4.2.2 Government support and initiatives to promote the MICE (Meetings, Incentives, Conferences, and Exhibitions) industry in Vietnam |
4.2.3 Increasing investments in infrastructure and venues for hosting events and exhibitions |
4.3 Market Restraints |
4.3.1 Economic instability impacting corporate spending on events and exhibitions |
4.3.2 Competition from other Southeast Asian countries for hosting international events |
4.3.3 Lack of skilled manpower and expertise in event management and exhibition organization |
5 Vietnam Event And Exhibition Market Trends |
6 Vietnam Event And Exhibition Market, By Types |
6.1 Vietnam Event And Exhibition Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Event And Exhibition Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Vietnam Event And Exhibition Market Revenues & Volume, By B2B, 2021- 2031F |
6.1.4 Vietnam Event And Exhibition Market Revenues & Volume, By B2C, 2021- 2031F |
6.1.5 Vietnam Event And Exhibition Market Revenues & Volume, By Mixed/Hybrid, 2021- 2031F |
6.2 Vietnam Event And Exhibition Market, By Revenue Stream |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Event And Exhibition Market Revenues & Volume, By Exhibitor Fee, 2021- 2031F |
6.2.3 Vietnam Event And Exhibition Market Revenues & Volume, By Sponsorship Fee, 2021- 2031F |
6.2.4 Vietnam Event And Exhibition Market Revenues & Volume, By Entrance Fee, 2021- 2031F |
6.2.5 Vietnam Event And Exhibition Market Revenues & Volume, By Services, 2021- 2031F |
6.3 Vietnam Event And Exhibition Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Event And Exhibition Market Revenues & Volume, By Consumer Goods and Retail Sector, 2021- 2031F |
6.3.3 Vietnam Event And Exhibition Market Revenues & Volume, By Automotive and Transportation Sector, 2021- 2031F |
6.3.4 Vietnam Event And Exhibition Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.5 Vietnam Event And Exhibition Market Revenues & Volume, By Entertainment, 2021- 2031F |
6.3.6 Vietnam Event And Exhibition Market Revenues & Volume, By Real Estate and Property, 2021- 2031F |
6.3.7 Vietnam Event And Exhibition Market Revenues & Volume, By Hospitality Sector, 2021- 2031F |
7 Vietnam Event And Exhibition Market Import-Export Trade Statistics |
7.1 Vietnam Event And Exhibition Market Export to Major Countries |
7.2 Vietnam Event And Exhibition Market Imports from Major Countries |
8 Vietnam Event And Exhibition Market Key Performance Indicators |
8.1 Number of international events hosted in Vietnam |
8.2 Percentage of repeat clients for event and exhibition organizers |
8.3 Average delegate attendance at major events and exhibitions |
8.4 Growth in partnerships with international event organizers |
8.5 Investment in technology and innovation for event management and exhibition organization |
9 Vietnam Event And Exhibition Market - Opportunity Assessment |
9.1 Vietnam Event And Exhibition Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Event And Exhibition Market Opportunity Assessment, By Revenue Stream, 2021 & 2031F |
9.3 Vietnam Event And Exhibition Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Vietnam Event And Exhibition Market - Competitive Landscape |
10.1 Vietnam Event And Exhibition Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Event And Exhibition Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |