Vietnam needs additional planes as tourism surges.

According to a spokesman of Boeing Vietnam, the Southeast Asian market need around 4,000 new aircraft, with Vietnam having the greatest requirement.

Vietnam’s aviation business is expanding rapidly in comparison to other Southeast Asian nations, thanks to the country’s strong tourist infrastructure.

According to Michael Nguyen, head of Boeing Vietnam, Southeast Asia may require up to 4,000 aircraft over the next 30 years, with Vietnam leading the way.

Boeing today collaborates with Vietnam not just commercially, but also technologically, improving the capability of Vietnam’s aerospace sector to world standards. Boeing recently assisted Vietnam Airlines in obtaining a permit for their nonstop flight from Ho Chi Minh City to San Francisco (USA).

This group would tour potential plants and form a team to help the growth of suppliers in Vietnam, according to Mr. Craug Abler, senior director of supply chain Asia for Boeing. All of Boeing’s airplanes at the moment have components from Vietnam. Boeing intends to enter Vietnam in order to grow operations, following the example set by Samsung and Intel.

In addition to the United States, China, India, Japan, Indonesia, Brazil, Mexico, and Canada, Vietnam is one of the top 10 nations in the world with the best domestic aviation industry recovery, according to aviation data research website OAG. More than 5.8 million tickets were offered on internal routes by Vietnamese airlines in June 2022, an increase of more than 32% over the same time in 2019.

According to the Civil Aviation Administration of Vietnam, local airports will handle about 87.8 million passengers in 2022, an increase of 190% over 2021. This figure includes about 5 million international travelers and about 82.8 million domestic travellers, an increase of 178.4% and 844%, respectively.

765,000 tons of cargo are anticipated to be moved via airports in the first half of 2022, an increase of 30.6% annually. The output is anticipated to increase by 5% from 2021 to 2022, reaching roughly 1.5 million tons.