The Civil Aviation Authority of Viet Nam (CAAV) has sent an official dispatch to the Ministry of Transport (MoT), urging the ministry to consider granting aviation licenses to new airlines.
Southeast Asia will need 4,400 new airplanes valued at US$700 billion to support expanding demand for air travel over the next 20 years, said Darren Hulst, Boeing vice president of Commercial Marketing.
The latest figures published by the Civil Aviation Authority of Viet Nam revealed that the Vietnamese aviation market saw noticeable changes in 2019, driven by the participation of private carriers.
The Vietnamese air freight market has seen remarkable growth in recent years and the momentum is expected to continue, the fourth International Conference and Exhibition on Air Freight Logistics Viet Nam heard in HCM City on Friday.
Revisions to the country’s plan for the aviation industry up until 2020, with a vision towards 2030, were recently approved by the Government. The new plan aims for the aviation market in Viet Nam to be among ASEAN’s top four...