A joint study by ATR and Vietnamese transport consultancy Transport Engineering Design Inc identified 87 unserved domestic routes with sufficient demand to support regional aircraft operations.
The capital’s newly approved master plan places aviation infrastructure at the centre of long-term economic development, with a second international airport and low-altitude transport network expected to reshape urban growth, logistics and high-tech industries.
Việt Nam has huge potential to become a hub for sustainable aviation fuel (SAF) production in Southeast Asia amid global race to cut carbon emissions, though experts urges stronger policy support for the country to fully tap the opportunity.
The partnerships with leading Indian enterprises will help open new connectivity corridors across aviation, trade, technology, and investment, contributing to the dynamic development of the Asia-Pacific region.
The project is designed to meet 4E airport standards, with a capacity of 2 million passengers per year by 2030 and total investment of nearly VNĐ3.9 trillion (US$148 million).
It is critical to strike a balance between attracting foreign investment and safeguarding national interests as Việt Nam considers raising the foreign ownership cap in the aviation sector, a move aimed at easing capital constraints while maintaining control over a...
Jet fuel supply is expected to meet demand through the end of April and the upcoming Reunification Day (April 30) and International Workers'' Day (May 1) holiday peak, authorities confirmed.
The MoF said persistently high and fluctuating global fuel prices have put significant strain on the profit margins of aviation and shipping firms, necessitating urgent support measures.
The Government has taken swift action to cushion the impact of rising oil prices related to the Middle East war, including tax cuts and an advance of VNĐ8 trillion (US$304 million) to the fuel price stabilisation fund.
The CAAV said that Việt Nam’s jet fuel providers remain heavily dependent on imports, posing a significant risk as global supply chains face disruptions.