Vietnam a driver in Southeast Asia’s aviation growth: Boeing
Vietnam's aviation market will play a key role in the aviation growth in Southeast Asia in the next 20 years, and the country’s fleet is expected to quadruple by 2038, according to an official from Boeing Commercial Airplanes.
Managing Director of Market Analysis & Sales Support at Boeing Commercial Airplanes Darren Hulst speaks at the press conference (Source: VNA)
Hanoi (VNA) – Vietnam's aviation market will play a key role in the aviationgrowth in Southeast Asia in the next 20 years, and the country’s fleet isexpected to quadruple by 2038, according to an official from Boeing Commercial Airplanes.
At a press conference on the airline marketheld in Hanoi on October 24, Managing Directorof Market Analysis & Sales Support at Boeing Commercial Airplanes Darren Hulst predicted thatregional airlines will need 4,500 new aircraft in the period from now to 2038,and the growth will lead to an increase in demand on commercial aviationservices
According to Hulst, Vietnam's aviation industry recorded impressive growth inthe past five years, with the number of passengers tripling and the number ofaircraft doubling.
Vietnam is forecast to have the growing middle class inSoutheast Asia, he said, adding that the country has become one ofthe fastest growing aviation markets in the world, along with the strongdevelopment of domestic and international tourism.
In 2009, Vietnam’s aviation sector provided only about 800,000 seats per month,and this number increased to 3.3 million in 2019, he said.
He predicted that the single-aisle aircraft will continue to play a key role inVietnam’s fleet used on domestic and regional routes.
The number of domestic flights of Vietnam rose by 3.5 times over the lastdecade, from 5,340 flights per month in 2009 to current 18,680 flights permonth, he noted./.
Vietnam’s aviation sector has witnessed double-digit growth in passenger transport in the past decade, and the market is forecast to build up momentum in 2019, according to the Airports Corporation of Vietnam (ACV).
The Vietnamese air freight market has seen remarkable growth in recent years and the momentum is expected to continue, the 4th International Conference and Exhibition on Air Freight Logistics Vietnam heard in HCM City on September 20.
Bamboo Airways, a subsidiary of real estate developer FLC Group, is planning to issue an initial public offering (IPO) in 2020 to serve its expansion plans.
The Vietnam Airlines Corporation has decided to increase the salary of pilots on Boeing B787 and Airbus A350 by 22 percent, nine months ahead of schedule.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Managing Director of Market Analysis & Sales Support at Boeing Commercial Airplanes Darren Hulst speaks at the press conference (Source: VNA) 
