Visitor arrivals doubled over the campaign's first three years.
Tourism made some gains in 2010; visitor arrivals, notably from Japan, increased.
Visitor arrivals numbered 2.79 million in the year to June 2014, up 6% from the previous year.
The ministry said growth in visitor arrivals slowed, reducing income growth at hotels and restaurants.
Ken Atkinson of Grant Thornton Vietnam, an accounting firm, says the dispute has already had a "significant negative impact" on overall visitor arrivals from China and other countries, especially Taiwan, Malaysia and Australia.
International visitor arrivals were expected to fall by 4.1percentthis yearaccordingding to the latest forecast from Tourism Australia, made in December.
Because of a revival in business and holiday travel, which slumped last year because of SARS, visitor arrivals more than tripled in April and May.
The outbreak of SARS drove visitor arrivals to the lowest level in more than two decades and is expected to curb economic growth for the full year.
Visitor arrivals, which plunged from 11.7 million in 1996 to a low of 9.5 million in 1998, rebounded last year, to 10.7 million.
Statistics New Zealand also released figures showing visitor arrivals for June were 162,100, the highest on record for a June month.
