Foreign tourists visiting the ancient town of Hoi An.

Released by the World Economic Forum (WEF), the TTCI 2019 analysed 140 economies and scored each according to their performance on the following six pillars – air transport infrastructure, ICT readiness, price competitiveness, international openness, travel & tourism prioritisation, and safety and security.

When it comes to price competitiveness, Vietnam ranks 22nd, rising 13 places while in terms of air transport infrastructure, the country has improved by 11 places, growing to 50th from 61st.

Spain holds the top spot in the ranking, followed by France, Germany and Japan.

Vietnam's tourism industry aims to welcome 18 million foreign visitors this year.