Wednesday, 24 Jul 2019
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INVESTMENTOPPORTUNITIES

Vietnam, US firms look to tap aviation opportunities

Updated at Wednesday, 24 Apr 2019, 09:07
The Hanoitimes - Vietnam has huge needs for airport infrastructure development.
Vietnam’s Category 1 ranking in aviation safety issued by the US Department of Transportation’s Federal Aviation Administration (FAA), and a bunch of aviation trade deals signed during US President Donald Trump’s visit to Hanoi late in February, opened more opportunities for companies from the two nations to work together in the field.
US Deputy Consulate General Timothy Liston made that statement in a seminar on pushing cooperation in airport infrastructure development in Vietnam, held by the US Consulate General in HCMC last week, Tuoi Tre newspaper reported.
 
US Deputy Consulate General Timothy Liston speaks at the workshop in HCMC on April 18. Photo: BizLIVE
US Deputy Consulate General Timothy Liston speaks at the workshop in HCMC on April 18. Photo: BizLIVE
The event gathered more than 80 representatives from both countries’ public and private sectors who were seeking opportunities and potential fields as both nations prepare to launch direct air service.
At the event, representatives of both nations in aviation management, transport safety and trade shared experience to boost bilateral ties in the field, set the course of the collaboration in developing key infrastructure of Vietnamese airports, and discussed Vietnam’s airport development plans.
The US-Vietnam aviation industry group consists of 26 companies, 6 agencies, and 2 US business associations. In the event, the group’s representatives exchanged opinions and discussed ways to boost public-private cooperation in Vietnam, modernize and improve the aviation infrastructure and prepare for the opening of direct air flights linking two countries.
According to Liston, all private members of the group cover resources, professional knowledge in aviation development such as airport building and airplane manufacture, maintenance, air traffic control, safety, services, and technical support. Meanwhile, the US state agencies groups are in charge of providing technical and financial support in master planning and conduct pilot projects.
Ha An
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