Vietnam’s aviation market is expected to fully recover in late 2024, closely tied to the positive trajectory of the Asia-Pacific, according to the Civil Aviation Authority of Vietnam (CAAV).
Vietnam Airlines Corporation achieved positive financial results, with total consolidated revenue reaching VND71.77 trillion (nearly US$2.95 billion) in 2022.
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).
The aviation industry is facing a severe human resource shortage due to several factors such as the recovery of the tourism sector and the expansion of airports across the country, experts said.
Director of the Civil Aviation Authority of Vietnam (CAAV) Dinh Viet Thang said on July 17 that he has sent a dispatch to relevant units in the aviation industry to continue with proactive measures in response to storm Talim, the first to hit Vietnam this year.
VOV.VN - The National Assembly recently passed a bill featuring new and open policies on immigration procedures – a move which is expected to provide the tourism industry with a strong boost moving forward.
The aviation industry continues showing signs of recovery, with business results growing strongly after struggling for a while.
VOV.VN - Vietnam expects to get Boeing assistance to develop its aviation industry, Prime Minister Pham Minh Chinh told a senior leader of Boeing in Hanoi.
A proposed floor airfare scheme could increase airfares.
The Vietnamese aviation market is forecast to fully recover by the end of this year, according to a global outlook for the aviation industry released by the International Air Transport Association (IATA) recently.