Will Vietnam redraw the world’s aviation market map?
With a powerful fleet which has been expanding recently, Vietnam is expected to play a role in the international aviation market. Analysts have said that Vietnam’s aviation industry has made especially big improvements in the last three years with domestic air carriers spending tens of billions of dollars to buy new aircraft to expand their fleets. According to the head of the Civil Aviation Authority of Vietnam Lai Xuan Thanh, Vietnam in the first six months of the year was put into the top three in the region and top seven in the world in terms of air transport growth, listed as one of the world’s fastest growing markets. The total number of passengers going through the airports in Vietnam in the first half of the year reached 38 million and the growth rate of the air transport market reached record high of 30 percent. The attractive market was why air carriers like Emirates, Turkish Airlines and Air France opened new air routes to Vietnam.
