Expo seeks opportunities for post-pandemic aviation growth

Việt Nam International Aviation Expo (VIEA) opened on Thursday in Hà Nội with an aim to promote cooperation opportunities for post-pandemic sustainable development of the aviation industry.
Expo seeks opportunities for post-pandemic aviation growth
A visitor experiences airport operation via virtual reality technology at the Việt Nam International Aviation Expo. — Photo baogiaothong.vn

Việt Nam International Aviation Expo (VIEA) opened on Thursday in Hà Nội with an aim to promote cooperation opportunities for post-pandemic sustainable development of the aviation industry.

The three-day expo themed “Sustainable growth for a brighter future” attracted the participation of more than 50 international and domestic enterprises, including manufacturers, training schools and airlines.

Deputy Miniter of Transport Lê Anh Tuấn said that the event marked the strong recovery of Việt Nam’s aviation industry after the COVID-19 pandemic. The expo provided opportunities to promote exchanges and cooperation as well as enhance the image and linkage of Việt Nam’s aviation industry to the world.

Deputy Director of the Civil Aviation Authority of Việt Nam Hồ Minh Tấn said that after the COVID-19 pandemic, Việt Nam’s aviation industry was considered to have the fastest recovery speed in the world with a strong increase in domestic aviation operation.

Statistics showed that the aviation market received 23.3 million passengers in the first half of this year, an increase of more than 74.2 per cent over the same period last year and equivalent to 60 per cent of the same period in 2019. The domestic passengers totalled 20.8 million, up 58.4 per cent and 12 per cent against the same period in 2021 and 2019, respectively.

Vietnamese carriers were operating 60 domestic routes. The number of passengers through airports in Việt Nam reached 40.7 million, a year-on-year increase of 56.8 per cent.

The total supply capacity of Vietnamese airlines was 6.5 million seats, ranking second in Southeast Asia after Indonesia.

The aviation industry of Việt Nam was expected to have great potential for strong growth. The International Air Transport Aviation (IATA) forecast that Việt Nam would be the fifth fastest-growing aviation market in the world, reaching 150 million passengers, by 2035.

IATA predicted that the world aviation market would recover beyond pre-pandemic levels in early 2024 with a total of 4 billion passengers. Airlines were gradually reoperating all routes and increasing the frequency to serve the increasing demand together with upgrading operations to bring safe and convenient flight experiences.

According to Tấn, 2022 was also the 25th anniversary of Việt Nam’s aviation industry in achieving a high safety index with no air accidents recorded.

The expo was expected to consolidate the image of a dynamic, safe and efficient aviation industry in Việt Nam and helped aviation businesses thrive after the pandemic and promote the development of the domestic aviation industry to regional and international levels.

Advanced aviation technology equipment and modern aircrafts models were being showcased at the expo.

The expo also provided forums for business cooperation and opportunity sharing with topics such as the development of Việt Nam’s aviation industry in the new context, strategy to develop new-generation aircraft fleet, airport infrastructure development and digital transformation in flight management. — VNS

Source: VNS
vietnamnews.vn

Related News

Vietnam Customs directs to follow the progress of aviation projects closely

Vietnam Customs directs to follow the progress of aviation projects closely

VCN - The General Department of Vietnam Customs directed the customs departments including Hanoi, Hai Phong, Da Nang, Dong Nai to establish a Working Group to regularly discuss and work with the Project Management Board to grasp the situation and implementation progress of project on building and expanding passenger and cargo terminals at international airports.
Research and correct customs supervision processes at international airports

Research and correct customs supervision processes at international airports

VCN - To continue to improve professional processes related to customs inspection and supervision, General Department of Vietnam Customs has drafted a decision to amend Decision No. 3280/QD-TCHQ dated September 30, 2016 on the inspection and supervision process for luggage of people on exit and entry; customs supervision activities at international airports.
Vietnam"s aviation industry posts growth of nearly 42%

Vietnam"s aviation industry posts growth of nearly 42%

The domestic air passenger transport market has experienced a strong recovery, with an annual growth of 41.8% recorded in the first seven months of 2023, announced the Civil Aviation Authority of Vietnam (CAAV).
3 trade remedy tools are being used commonly by countries

3 trade remedy tools are being used commonly by countries

VCN - By the end of December 2022, Vietnam's export goods were the subject of 227 investigation cases related to trade remedies. In 2022 alone, there are 17 new cases initiated by foreign countries.

Latest News

Import and export turnover reaches about US$29 billion in the second half of January 2025

Import and export turnover reaches about US$29 billion in the second half of January 2025

VCN - Vietnam's total import and export turnover in the second half of January 2025 (January 16-31, 2025) reached US$28.9 billion, the latest preliminary statistics of the General Department of Vietnam Customs reported.
Market edges up slightly as liquidity remains low

Market edges up slightly as liquidity remains low

Market breadth remained positive, with 161 gainers outnumbering 144 decliners.
Business regulations must be trimmed for development of enterprises: Experts

Business regulations must be trimmed for development of enterprises: Experts

The General Statistics Office (GSO)'s socio-economic report for January 2025 reveals that while over 33,400 newly established or resumed businesses entered the market - marking a 15% increase compared to January 2024 - more than 58,300 businesses withdrew from the market, representing a growth of 8.1% on year.
Vietnam's agricultural product exports shine in 2024

Vietnam's agricultural product exports shine in 2024

The agricultural sector wrapped up 2024 with 62.4 billion USD in export turnover, marking an 18.5% increase against 2023, while achieving a record trade surplus of 18.6 billion USD, surging 53.1%.

More News

Aiming for 16% credit growth and removing credit room allocation

Aiming for 16% credit growth and removing credit room allocation

VCN - A representative of the State Bank of Vietnam (SBV) said that the SBV is gradually innovating its credit management methods, aiming to remove the mechanism of allocating credit room to each credit institution.
Malaysia initiates anti-dumping investigation on galvanised sheets from Việt Nam

Malaysia initiates anti-dumping investigation on galvanised sheets from Việt Nam

Malaysia has announced it will initiate an anti-dumping duty investigation on the imports of galvanised iron coils/sheets or galvanised steel coils/sheets originating from or imported from Việt Nam, China and South Korea.
Coffee prices hit record highs, heightening speculation risks

Coffee prices hit record highs, heightening speculation risks

Phan Minh Thông, Chairman of Phúc Sinh JSC, called the price surge "insane," warning of continued increases as businesses are compelled to trade at elevated prices instead of following pre-set contracts.
Exports witness a rise of US$1 billion in the first 15 days of 2025

Exports witness a rise of US$1 billion in the first 15 days of 2025

VCN - Compared to the same period in 2024, exports in the first half of January 2025 increased by more than 6%, equivalent to nearly USS$1 billion.
Central industrial hub sets ambitious growth target in 2025

Central industrial hub sets ambitious growth target in 2025

The central province has targeted ambitious growth of up to 10 per cent with some key strategic industrial investment projects in 2025, contributing VNĐ25 trillion (US$1 billion) to the State budget.
Demand for dragon fruit in Tiền Giang Province continues to increase

Demand for dragon fruit in Tiền Giang Province continues to increase

Dragon fruit prices in Tiền Giang Province remain high after the Lunar New Year due to increased demand from China and domestic consumption.
Data centres are attracting investors in Asia

Data centres are attracting investors in Asia

The global data centre market reached new heights in 2024, driven by the growing demand for generative AI, which has triggered a new wave of investment.
US or China: Who will lead in Vietnamese Tra fish imports?

US or China: Who will lead in Vietnamese Tra fish imports?

VCN - Given that tra fish is a key export commodity for Vietnam's seafood industry, the question arises whether the United States will surpass China as the leading importer of this product in 2025.
Sustainable fashion presents promising niche market for textile manufacturers

Sustainable fashion presents promising niche market for textile manufacturers

The combination of sustainability and culture will open up more opportunities for Vietnamese textile enterprises to strengthen their position in the global market and capture the promising Nordic fashion market.
Read More

Your care

Latest Most read
Import and export turnover reaches about US$29 billion in the second half of January 2025

Import and export turnover reaches about US$29 billion in the second half of January 2025

VCN - The figure decreased by 15.6% (equivalent to a decrease of US$5.33 billion) compared to the figure in the first half of January 2025.
Market edges up slightly as liquidity remains low

Market edges up slightly as liquidity remains low

Market breadth remained positive, with 161 gainers outnumbering 144 decliners.
Business regulations must be trimmed for development of enterprises: Experts

Business regulations must be trimmed for development of enterprises: Experts

The General Statistics Office (GSO)'s socio-economic report for January 2025 reveals that while over 33,400 newly established or resumed businesses entered the market - marking a 15% increase compared to January 2024 - more than 58,300 businesses withdrew from the market, representing a growth of 8.1% on year.
Vietnam's agricultural product exports shine in 2024

Vietnam's agricultural product exports shine in 2024

The agricultural sector wrapped up 2024 with 62.4 billion USD in export turnover, marking an 18.5% increase against 2023, while achieving a record trade surplus of 18.6 billion USD, surging 53.1%.
Aiming for 16% credit growth and removing credit room allocation

Aiming for 16% credit growth and removing credit room allocation

VCN - A representative of the State Bank of Vietnam (SBV) said that the SBV is gradually innovating its credit management methods, aiming to remove the mechanism of allocating credit room to each credit institution.
Mobile Version