Domestic aviation travel surpasses 2019 peak

By The Investor/VietnamPlus
Wed, July 20, 2022 | 8:35 pm GMT+7

Vietnamese airlines' seat occupation rate reached 85-87% in June, according to the Civil Aviation Authority of Vietnam (CAAV).

Vietnam Airlines aircraft. Photo courtesy of the carrier.

Vietnam Airlines aircraft. Photo courtesy of the carrier.

"The domestic aviation market has completely recovered and had strong growth in the second quarter," the CAAV said, citing the seat occupancy rate.

The domestic market in June reached 5 million visitors, up 20.9% compared to May and an increase of 38.8% compared to June 2019, the peak summer month before the Covid-19 pandemic.

Vietnamese carriers transported 20.78 million domestic passengers in the first half, up 60% year-on-year and up 12% against the same period in 2019.

International flights reached approximately 1 million passengers in the six months, an increase of 1351.5% year-on-year and a decrease of 88.3% over the same period in 2019.

As of June 30, local airlines, including Vietnam Airlines, Vasco, Vietjet Air, Bamboo Airways, Pacific Airlines and Vietravel Airlines, had operated nearly 60 domestic routes.

Dinh Viet Son, deputy director of the CAAV, said the domestic market started to recover in April, grew again in May and experienced strong growth in June.

More than 30 foreign airlines and four Vietnamese airlines, Vietnam Airlines, Vietjet Air, Bamboo Airways and Pacific Airlines are operating 96 international routes connecting Vietnam with 21 countries/territories.

Vietnamese airlines have operated 68 international routes to 16 countries/territories.

Budget carrier Vietjet Air is substantially increasing its number of air routes to India, raising the total to 17 starting this September.

Direct services from Hanoi to Ahmedabad, Hyderabad and Bangalore will debut on September 27, October 7 and November 2, respectively. From Ho Chi Minh City, the first Vietjet flights will take off for the three Indian cities respectively on September 29, October 10 and November 1.

The Singapore market has seen Vietnamese and Singaporean airlines gradually increase their frequency on routes between the island state and Hanoi/HCMC, and open new routes connecting Da Nang and Nha Trang.

Korean airlines like Air Seoul, Air Busan, and Korean Air and Vietnam's Vietjet Air have raised their frequency on routes between Hanoi/HCMC/Danang/Nha Trang and Korean destinations.

The Malaysian market has had more operations of Vietjet Air on three new routes from Hanoi, Da Nang, and Nha Trang to Kuala Lumpur from July.

The Chinese government is gradually opening the door to passenger flights into China, with Vietnam Airlines operating two flights per week.

A leader of CAAV noted: "Up to now, the international market is gradually recovering, but the recovery rate is still low because many countries and regions, especially Northeast Asian countries, are still applying regulations and policies on travel restrictions for the prevention of Covid-19."

Comments (0)
  • Read More
S Korean firms pledge nearly $2 bln in new investments in Indonesia

S Korean firms pledge nearly $2 bln in new investments in Indonesia

South Korea's companies will increase their investment in Indonesia by $1.7 billion, Indonesian Economic Minister Airlangga Hartarto said on Monday after attending a meeting between a Korean business association and President Prabowo Subianto.

Southeast Asia - Thu, May 1, 2025 | 10:01 pm GMT+7

Malaysia develops sustainable semiconductor ecosystem

Malaysia develops sustainable semiconductor ecosystem

The Malaysian Investment Development Authority (MIDA), the Federation of Malaysian Manufacturing (FMM), and Bintang Capital Partners (Bintang Capital) on Monday announced a landmark MoU signed recently regarding the establishment of Bintang Semiconductor Impact Fund I (BSIF I).

Southeast Asia - Thu, May 1, 2025 | 9:59 pm GMT+7

Vietnam to become second-largest economy in Southeast Asia by 2036: CEBR

Vietnam to become second-largest economy in Southeast Asia by 2036: CEBR

The Centre for Economic and Business Research (CEBR), in its report World Economic League Table 2022, forecasts that Vietnam will become the second-largest economy in Southeast Asia after Indonesia and the 20th-largest economy in the world by 2036.

Southeast Asia - Thu, May 1, 2025 | 9:42 pm GMT+7

Vietnam conglomerate Vingroup's Q1 revenue surpasses $3 bln for first time

Vietnam conglomerate Vingroup's Q1 revenue surpasses $3 bln for first time

Vingroup, Vietnam's leading private conglomerate, recorded revenue of VND84.05 trillion ($3.3 billion) in the first quarter of 2025, its record high.

Companies - Thu, May 1, 2025 | 3:44 pm GMT+7

Work starts on expressway connecting Vietnam's Central Highlands with southeastern region

Work starts on expressway connecting Vietnam's Central Highlands with southeastern region

Construction on Tuesday began on the first component of Gia Nghia town (the Central Highlands province of Dak Nong)-Chon Thanh town (the southeastern province of Binh Phuoc) section of the North-South Expressway.

Infrastructure - Thu, May 1, 2025 | 2:46 pm GMT+7

Final sections of central Vietnam’s longest sea-crossing bridge joined

Final sections of central Vietnam’s longest sea-crossing bridge joined

Authorities of Hue city in central Vietnam on Wednesday held a ceremony to celebrate the joining of the final sections of Thuan An sea-crossing bridge, a landmark infrastructure project with significant implications for local development and tourism.

Infrastructure - Thu, May 1, 2025 | 2:35 pm GMT+7

Lach Huyen port will achieve 70% of year's target in worst-case scenario: exec

Lach Huyen port will achieve 70% of year's target in worst-case scenario: exec

Lach Huyen deep-water port, the largest of its kind in northern Vietnam, would see its cargo volume decline by 30-50% if the U.S. maintains its 46% reciprocal tariff on Vietnam and the U.S.-China trade tensions escalate, said CEO of Port of Hai Phong JSC (Hai Phong Port) Nguyen Tuong Anh.

Companies - Thu, May 1, 2025 | 12:24 pm GMT+7

Taiwan electronics firm Lite-On to invest extra $25 mln for expansion in Vietnam

Taiwan electronics firm Lite-On to invest extra $25 mln for expansion in Vietnam

Taiwan-based Lite-On Technology Corporation, a world leader in optoelectronics and power management solutions, will invest an additional $25 million in Vietnam as part of its expansion plan in the Southeast Asian country.

Industries - Thu, May 1, 2025 | 12:13 pm GMT+7

Petrovietnam on track to restart $1.5 bln thermal power plant project in southern Vietnam

Petrovietnam on track to restart $1.5 bln thermal power plant project in southern Vietnam

State-owned energy giant Petrovietnam is on track to resume the Long Phu 1 thermal power project, located in the Mekong Delta province of Soc Trang, after six years of suspension.

Energy - Thu, May 1, 2025 | 12:10 pm GMT+7

Vietnam's steel industry will see 'turning points': Hoa Phat CEO

Vietnam's steel industry will see 'turning points': Hoa Phat CEO

The U.S. imposition of tariffs will not directly affect Vietnam's steel industry, while the industry is expected to record turning points as demand for infrastructure development surges, said Nguyen Viet Thang, CEO of Hoa Phat Group.

Companies - Thu, May 1, 2025 | 8:17 am GMT+7

Vietnam's leading property developer Novaland sets sights on strong recovery in 2025

Vietnam's leading property developer Novaland sets sights on strong recovery in 2025

Novaland, Vietnam's leading property developer, is setting its sights on a strong recovery in 2025, with plans to issue nearly 7,000 land-use right certificates and accelerate handovers in the fourth quarter.

Companies - Wed, April 30, 2025 | 3:12 pm GMT+7

Vietnam's private lender Eximbank aims for 23.8% growth in 2025 pre-tax profit  

Vietnam's private lender Eximbank aims for 23.8% growth in 2025 pre-tax profit  

Eximbank, among the leading mid-sized banks in Vietnam, targets a consolidated pre-tax profit of VND5.2 trillion ($200 million), an increase of VND1 billion or 23.8% compared to 2024, marking the bank's record-high profit.

Banking - Wed, April 30, 2025 | 1:19 pm GMT+7

Japan's IHW eyes 2.5 ha, world-class hospital project in northern Vietnam

Japan's IHW eyes 2.5 ha, world-class hospital project in northern Vietnam

Japan's International Healthcare and Welfare Group (IHW) is keen on building a 2.5-hectare, world-class hospital in the capital city's North Hanoi Smart City area.

Industries - Wed, April 30, 2025 | 12:37 pm GMT+7

Vietnam's military-run telco giant Viettel builds one of Southeast Asia’s largest data centers

Vietnam's military-run telco giant Viettel builds one of Southeast Asia’s largest data centers

Military Industry and Telecoms Group (Viettel) has broken ground on a state-of-the-art data center in Ho Chi Minh City, set to become one of the largest in Southeast Asia and the first in Vietnam to have such a hyperscale capacity.

Industries - Wed, April 30, 2025 | 11:28 am GMT+7

Grand military parade, procession to celebrate Vietnam's 50th anniversary of National Reunification

Grand military parade, procession to celebrate Vietnam's 50th anniversary of National Reunification

A spectacular military parade and civilian procession took place along Le Duan Boulevard in District 1, Ho Chi Minh City on Wednesday to celebrate Vietnam's 50th anniversary of the Liberation of the South and National Reunification (April 30, 1975 - April 30, 2025).

Politics - Wed, April 30, 2025 | 11:05 am GMT+7

Vietnam PM requests more aircraft, LNG, agi import contracts with US in May

Vietnam PM requests more aircraft, LNG, agi import contracts with US in May

Prime Minister Pham Minh Chinh has requested relevant Vietnamese authorities to urgently negotiate and sign contracts in May for import of goods from the U.S., such as LNG, aircraft, medicine, and agricultural products, to ensure a sustainable trade balance.

Economy - Wed, April 30, 2025 | 10:25 am GMT+7