Sustainable development is the focal point of Vietnam's aviation expansion strategy.
- Business
- 21:23 19/10/2023
DNHN - The air transport industry in Vietnam has significantly contributed to the country's gross domestic product, accounting for 5.2%. This demonstrates the significance of the aviation industry in promoting sustainable economic growth.
At the Vietnam International Exhibition and Aviation Industry Forum (VIAE 2023) in Ho Chi Minh City and the Innovation Horizon 5.0 Forum, the General Director of Airbus in Vietnam announced a new demand forecast.
This forecast indicates that this region will become the primary market for wide-body aircraft, highlighting the need for 17,580 new aircraft, including passenger and cargo aircraft, representing more than 44 million new aircraft. This is certainly good news for Vietnam's aviation industry, which is on a strong development trajectory.
The air transport industry in Vietnam has contributed significantly to the country's gross domestic product, accounting for 5.2% of the national total. This demonstrates the significance of the aviation industry in promoting sustainable economic growth. Ms. Hoang Tri Mai, general director of Airbus Vietnam, consistently emphasized the significance of sustainable development in the aviation growth roadmap for Vietnam. She also pledged to assist Vietnam in implementing its commitments to sustainable development by applying Airbus's innovations and cutting-edge technology.
The close collaboration between Airbus and the Vietnam Academy of Science and Technology (VAST) to enhance Vietnam's aerospace management capacity is another noteworthy aspect. The VNREDSat-2 satellite program is a prime example of a significant initiative to promote national strength in the fields of technology and space.
Through promoting cooperation with domestic partners, Airbus hopes to promote research and development activities to advance technological progress and create opportunities for Vietnam to take the lead in innovation in its field. The aviation industry in the Asia-Pacific region.
P.V (t/h)
Related news
- Vietnam Foodexpo to host largest edition with over 500 businesses
- Vietnam seeks innovation-led growth amid shifting global economic landscape
- Vietnam PM proposes four initiatives to drive economic growth
- Autumn Economic Forum seeks new growth engines in AI era
- Vietnam Demands Results from Diplomacy
- HCMC pushes open innovation towards commercial gains
- Vietnam Emerges as a Standout Destination for Autumn Travel
- 2026 Autumn Economic Forum promoted on Seoul screens
- Margin lending drives HSC earnings as brokerage revenue tumbles
- Bepharco appoints 2002-born executive as CEO
- Vietnam financial center eyes November 2026 launch
- Vietnam targets 20 internationally certified hospitals in medical tourism push
- Vietnam sets sights on double-digit growth as APEC 2027 preparations gather pace
- Vietnam businesses face global test: reform at home, earn trust abroad
- Vietnam firms warned: transform within, build trust abroad or fall behind
- VCBC Chairman Steve Bui: Incentives have run their course — Vietnam enters an institutional race to attract the next generation of FDI
- Vietnamese Journalism in the Age of AI: How can reporters survive in the profession?
- Dr. Samuel Feldberg warns of risks that could reshape the global economic order and shares strategic advice for Vietnamese businesses
- VINASME organizes training program on risk control for sustainable business development amid uncertainty
- Vietnam’s International Financial Center looks beyond tax incentives to compete
Đọc thêm Business
Vietnam seeks innovation-led growth amid shifting global economic landscape
Prime Minister of Vietnam Le Minh Hung has outlined Vietnam's strategy to strengthen economic resilience, accelerate innovation and enhance the competitiveness of domestic enterprises as global supply chains undergo significant restructuring.
Vietnam PM proposes four initiatives to drive economic growth
Prime Minister Le Minh Hung has proposed four areas of cooperation with international partners to boost innovation, develop high-tech talent, test emerging technologies and attract long-term investment.
Sacombank names banking veteran Nguyen Xuan Ai Quoc as deputy chief — with profits tipped to surge 111%
The seasoned financier, a son of late film star Tham Thuy Hang, joins as the Vietnamese lender targets rapid growth and a major debt recovery.
CME Solar Partners with Uni-President Vietnam to Deploy a 6,601 kWp Rooftop Solar Project
The 6,601 kWp rooftop solar project is expected to supply 8,656 MWh of clean electricity per year to Uni-President Vietnam, helping the company optimize energy costs and reduce CO₂ emissions.
Vietnam Demands Results from Diplomacy
Top leaders of Vietnam order international pledges turned into jobs, productive capacity and markets—with institutions held to account for delivery.
HCMC pushes open innovation towards commercial gains
Ho Chi Minh City is seeking to turn research and technology partnerships into measurable gains for businesses as it builds a next-generation industrial ecosystem.
2026 Autumn Economic Forum promoted on Seoul screens
Ho Chi Minh City (HCMC) is taking Vietnamese economic ambitions abroad, using one of Seoul’s most prominent commercial districts to court investors and build international attention for the flagship autumn economic forum.
Khanh Hoa targets 23.7 million tourists in 2026
Khanh Hoa expects more than 23.7 million visitors and VND80.2 trillion in tourism revenue in 2026, increases of 44.8% and 19.7% year-on-year, respectively.
Vietnamese firms face Halal, logistics hurdles in UAE push
Vietnamese businesses seeking to enter the UAE and wider Middle East need stronger preparation in Halal compliance, market research and partner networks as logistics and information gaps weigh on exports, experts said.
Vietnam financial center eyes November 2026 launch
Vietnam is preparing to launch the first transactions at its International Financial Center in November 2026, with authorities reviewing eligible products and removing regulatory bottlenecks.