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).
Hanoi partners up with French business in aviation industry

Hanoi partners up with French business in aviation industry

The Department of Industry and Trade of Hanoi on August 23 inked an MoU with French company Advanced Business Events (ABE) on cooperation in developing a high-grade network of sustainable production, supply and consumption in the aviation industry.
Rescuing the aviation industry: Support with conditions

Rescuing the aviation industry: Support with conditions

Currently, only Vietnam Airlines has received a rescue package worth VND4,000 billion, while difficulties are still eroding the tolerance of private airlines.
Airport planning: long-term strategy needed

Airport planning: long-term strategy needed

To develop the national airport system, it is necessary to have overall planning of the transportation industry, contributing to general socio-economic development.
Stimulus package: special context need to have a special policy

Stimulus package: special context need to have a special policy

Stimulus packages are not elixirs and can’t save all enterprises that have faced difficulties. At the same time, the second stimulus package needs to ensure fairness and effectiveness
Vietnam aviation industry maintains double-digit growth in 2019

Vietnam aviation industry maintains double-digit growth in 2019

Airports Council International forecasts that Vietnam will have the fastest air passenger growth in the world in the period of 2018 2040 with an average annual growth rate of 6 2 pct
Free trade pact facilitates foreign investment in Vietnam’s aviation industry

Free trade pact facilitates foreign investment in Vietnam’s aviation industry

Opportunities are also open more for foreign investors in the Vietnamese aviation sector as the foreign ownership cap in Vietnamese air transport businesses will be loosened to 34 pct from the current 30 pct from early next year
Private sector expected to build sustainable aviation industry

Private sector expected to build sustainable aviation industry

Vietnam’s aviation industry has seen its strongest growth in the past decades with double-digit growth set in five consecutive years, but it is still faced with sustainable development issues.
Residual growth for the aviation industry in 2019

Residual growth for the aviation industry in 2019

VCN- According to the Vietnam Aviation Administration, in 2018, Vietnam's aviation market continued to have stable growth.
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