Vietnam’s aviation market to be on full recovery by year end

Vietnam’s aviation market to be on full recovery by year end

The Vietnamese aviation market is set to fully recover by the end of this year since the Asia-Pacific market warms up, according to the Civil Aviation Authority of Vietnam (CAAV).
Many risks remain for aviation recovery

Many risks remain for aviation recovery

With growth momentum in 2023, Vietnam’s aviation industry is expected to gain lift off in 2024 amid challenges and potential risks. Dinh Viet Thang, director of the Civil Aviation Authority of Vietnam, spoke with VIR’s Bich Thuy about the recovery path in the year ahead.
Challenges linger for airlines

Challenges linger for airlines

The slow recovery of the global aviation market and sliding regional demand for air travel could prolong the path to recovery for local airlines.
A steep ascent ahead to boost interest in Vietnam’s aviation

A steep ascent ahead to boost interest in Vietnam’s aviation

Vietnam’s aviation sector has yet to attract enough investment from overseas. Dinh Viet Thang, director of the Civil Aviation Authority of Vietnam, discussed with VIR’s Bich Thuy the orientations to brighten the funding picture in the sector.
Indian government protects aircraft fleets from unscrupulous lessors

Indian government protects aircraft fleets from unscrupulous lessors

Amidst the post-pandemic recovery of the aviation industry, many airlines around the world are heading into turbulent times caused by unscrupulous lessors.
Contrasting complexions representing aviation arena

Contrasting complexions representing aviation arena

After two years of battling the repercussions of closed borders, 2023 may be characterised as extra time in a hectic and gruelling football match for several Vietnamese airlines.
Airbus eyes growth potential in military and space businesses in Vietnam

Airbus eyes growth potential in military and space businesses in Vietnam

In anticipation of the high growth potential in Vietnam, Airbus is accelerating its moves in its military and space businesses to meet the modernisation demands in the country.
Aviation pressured to turn into regional freight centre

Aviation pressured to turn into regional freight centre

Vietnam has the potential to become a new logistics centre for the continent alongside Singapore, Bangkok, and Kuala Lumpur, if sectors such as aviation are utilised suitably.
Reforming the aviation sector

Reforming the aviation sector

Distance amongst airports is not a critical factor in operating efficiency. PPP should be promoted in rebuilding aviation infrastructure.
Action required for aviation to achieve net-zero commitments

Action required for aviation to achieve net-zero commitments

Fleet renewal, operational efficiency, renewable energy, and advanced technology are needed in commercial aviation
Boeing eyes supply chain expansion in Vietnam

Boeing eyes supply chain expansion in Vietnam

Boeing is planning to seek more suppliers in Vietnam to expand its supply chain network and tap into growing demands.
Investors to be selected for components of Long Thanh International Airport

Investors to be selected for components of Long Thanh International Airport

The CAAV is selecting investors for maintenance workshops and ground-handling services, which is a part of Long Thanh International Airport.
Japan's component manufacturer to set foot in Hanoi

Japan's component manufacturer to set foot in Hanoi

Japan's Onaga Company received an investment certificate on July 15 for a factory manufacturing aircraft and automobile components located in HANSSIP.
Cam Ranh International Airport needs $1.7 billion upgrade

Cam Ranh International Airport needs $1.7 billion upgrade

The Civil Aviation Authority of Vietnam has submitted the planning adjustment for Cam Ranh International Airport to the Ministry of Transport for approval.
Transport businesses raise fares due to fuel costs

Transport businesses raise fares due to fuel costs

Transport businesses that have just resumed after the pandemic are struggling with the soaring fuel costs.
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