Developing the Aviation Transportation in Vietnam Situation

Air transport is growing strongly again globally, in which the strongest growth is in developing countries. Vietnam is in this segment of the market and has the fastest growth in the region. However, there are still a number of challenges and opportunities for this industry to grow. From 2014 to now, the aviation transport market is growing again with a growth rate of 4.8% / year. In which Asia accounts for 40% of the transport volume, the highest in the world and Vietnam is the focus of this region. Vietnam currently has 21 airports, with a total capacity of about 71.5 million passengers/year, less than the capacity of only one main airport in Bangkok, Singapore, Kuala Lumpur with 100 million passengers/year. This growth was achieved by three main trends: Inbound tourism, Outbound tourism, and domestic tourism. In addition, the aviation industry in Vietnam is supported by many favorable factors such as the territory stretching with a large area of mountainous terrain, limited road transport infrastructure, average income, per capita and the growing share of the middle-class population, air travel times are often much shorter than other forms of transportation.