vietnam aviation industry

Update news vietnam aviation industry

PPPs driving small airport investment

Vietnam wants to increase investment in domestic airports and establish better infrastructure, but capital will only increase when the institutional conditions are further improved.

Linking the skies with upgraded aviation infrastructure

Several nations have devoted generations to constructing sophisticated aviation infrastructure. In Vietnam, plans are in the making to follow suit.

Capital sought for upgrade of Vietnam's airports

Six airports, including five international ones, will shortly be handed over to local governments to actively solicit capital for upgrades.

More airports in need to aid aviation sector's growth prospects

Building more airports proves important to keep abreast with the aviation sector’s upbeat growth prospects.

Tourism booms, Vietnam needs more aircraft

According to a representative of Boeing Vietnam, the Southeast Asian market needs about 4,000 new aircraft, of which Vietnam is the country that needs the most aircraft.

Vietnam aviation industry will not be able to recover until 2021

The aviation sector can only recover in 2021 according to an official from the Ministry of Transport.

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%.

Vietnam aviation sector growth slows

The air travel market grew in the first half of this year, however the growth rate slowed down compared to the same period last year, according to the Civil Aviation Authority of Vietnam (CAAV).