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.
Comment

Latest News

Embracing green exports: a pathway to enter global supply chains

Embracing green exports: a pathway to enter global supply chains

This shift presents both a challenge and an opportunity for Vietnamese businesses to innovate and enhance their competitive edge in the international arena.
New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

The ministry proposes to issue a decree on the establishment, management and use of the Investment Support Fund to stabilise the investment environment, encourage and attract strategic investors and multinational corporations.
Việt Nam’s durian exports to China plummet by 80%

Việt Nam’s durian exports to China plummet by 80%

This sharp decline has had a direct impact on Việt Nam’s fruit and vegetable export revenue, which stood at US$416 million in January 2025, marking a 11.3 per cent decrease month-on-month and a 5.2 per cent drop year-on-year.
Coconut exports reach 14-year high

Coconut exports reach 14-year high

In 2024, fresh coconut and coconut product exports surpassed US$1 billion, marking the highest figure in the past 14 years.

More News

Shrimp exports grow in the first month of 2025

Shrimp exports grow in the first month of 2025

According to data from the Việt Nam Association of Seafood Exporters and Producers (VASEP), shrimp products recorded a 13 per cent increase in export value in January 2025, reaching a total of $273.3 million.
Rice export prices drop, but decline expected to be short-term

Rice export prices drop, but decline expected to be short-term

Việt Nam’s rice export prices have declined, reaching their lowest level in three years.
Key agro products expected to maintain export growth this year

Key agro products expected to maintain export growth this year

At present, agricultural exports, such as rice, coffee and seafood, have steadily secured a stable place in major global markets.
EU issues 12 warnings against Việt Nam’s food and agricultural exports

EU issues 12 warnings against Việt Nam’s food and agricultural exports

The Việt Nam SPS Office has reported that some Vietnamese export products failed to meet the EU’s stringent standards.
Việt Nam to impose VAT on low-value express-imported goods

Việt Nam to impose VAT on low-value express-imported goods

Việt Nam will end a previous policy that exempted imported goods valued under VNĐ1 million (US$39.4) from taxes when shipped via express delivery.
Exchange rate risks need attention in near future

Exchange rate risks need attention in near future

VCN - Exchange rate developments in 2025 are considered to be quite complicated due to US policies related to trade and investment.
Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month

Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month

VCN - Data from the General Department of Vietnam Customs indicates a softening of both exports and imports in January 2025, relative to the same month in 2024.
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.
Read More

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read
Embracing green exports: a pathway to enter global supply chains

Embracing green exports: a pathway to enter global supply chains

This shift presents both a challenge and an opportunity for Vietnamese businesses to innovate and enhance their competitive edge in the international arena.
New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

The ministry proposes to issue a decree on the establishment, management and use of the Investment Support Fund to stabilise the investment environment, encourage and attract strategic investors and multinational corporations.
Việt Nam’s durian exports to China plummet by 80%

Việt Nam’s durian exports to China plummet by 80%

This sharp decline has had a direct impact on Việt Nam’s fruit and vegetable export revenue, which stood at US$416 million in January 2025, marking a 11.3 per cent decrease month-on-month and a 5.2 per cent drop year-on-year.
Coconut exports reach 14-year high

Coconut exports reach 14-year high

In 2024, fresh coconut and coconut product exports surpassed US$1 billion, marking the highest figure in the past 14 years.
Shrimp exports grow in the first month of 2025

Shrimp exports grow in the first month of 2025

According to data from the Việt Nam Association of Seafood Exporters and Producers (VASEP), shrimp products recorded a 13 per cent increase in export value in January 2025, reaching a total of $273.3 million.
Mobile Version