Vietnam's aviation market attracting more foreign partners

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Báo Thanh Niên English - 32 month(s) ago 10 readings

Foreign carriers are opening routes to Vietnam, which Vietnam authorities consider a good sign for the country’s aviation industry.

While LOT Polish Airlines has canceled its operation to Hanoi due to low demand and Jetstar Airway is flying through Singapore instead of directly from Darwin to Vietnam, many carriers, especially those from Asia, are expanding their services to Vietnam, according to a Wednesday report by news website VnExpress.

A representative of the Civil Aviation Administration of Vietnam said in the report “The international transport market is still positive and is showing signs of growth.”

In late March, United Airlines and Japan's All Nippon Airways announced their agreement to cooperate in an effort to open the Vietnam-US route as of April 1, with flights transiting in Hong Kong, Japan or both.

Earlier on March 23, the Filipino airline Cebu Pacific opened two weekly flights between Manila and Hanoi.

Cargo carriers have also been expressing more interest in Vietnam’s market.

Saudi Airlines Cargo last month expanded its services to Ho Chi Minh City, offering two flights a week from the Middle East and Frankfurt, Germany.

The Civil Aviation Authority of Vietnam said more foreign airlines are going to expand their service in Vietnam, with Silk Air of Singapore eyeing a route to Hanoi in addition to its current service to Da Nang in central Vietnam.

Emirates of the UAE plans to launch a Dubai – Ho Chi Minh City route in June, while Jeju Air of South Korea will offer daily flights from Seoul to HCMC.

Peter Scholten, vice chairman of commerce at Saudi Airlines Cargo, said HCMC is a more interesting market as China is becoming more expensive, VnExpress reported.

Last year, The Air Transport Association (TATA) forecast that Vietnam will become the third fastest growing market in the world in passenger and cargo aviation transport within the next three years, with a growth grate of 10 percent compared to the current world average of 5 percent.

Vietnam has made different plans to develop its infrastructure at a commensurate rate to the expected growth, including plans for an airport in Dong Nai Province in southern Vietnam, and upgrades to Noi Bai International Airport, as well as Cam Ranh and Nha Trang Airports in central Vietnam.

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