Vietnam Airlines is pursuing an Environmental, Social, and Governance (ESG) roadmap to reduce emissions, improve fuel efficiency, and adopt sustainable aviation fuels. It is also investing in workforce development, corporate culture, and international management practices.
Public investment alone is insufficient to finance new airport infrastructure, exposing the need for more favourable policies to draw in private investment.
The number of air passengers reached nearly 12 million in July, including over 10.5 million on domestic flights, an increase of 40.3% compared to July 2019 before the COVID-19 outbreak, said the Civil Aviation Administration of Vietnam (CAAV).
More airlines joining the Vietnam’s aviation market and improved airport infrastructure have greatly contributed to the increasing number of foreign and domestic tourists, according to the Vietnam National Administration of Tourism (VNAT).
Vietnam expects to receive more than 112 million passengers through airports in the country in 2019, or 8 million people higher than the previous year, the Airports Corporation of Vietnam (ACV) has said.
Airport infrastructure in the capital city of Bangkok, Thailand has failed to expand fast enough to cope with increasing traffic demand, according to the International Air Transport Association (IATA).
The Vietnamese government wants domestic and foreign investors to invest in airport infrastructure in Vietnam, Deputy Prime Minister Vuong Dinh Hue told corporate executives of Zurich Airport.