The Ministry of Transport has approved restructure of the air freight market by 2020 to develop the cargo transport market and increase the role of airfreight, especially in key economic zones and remote areas.
The project sets a goal of transporting 0.04% of all goods by air by 2020 as well as 3.23% of all travellers.
By then the Vietnamese airfreight market will be the fifth largest in the ASEAN bloc of nations.
By 2020 international flights will arrive at all international airports and all domestic sectors will have at least seven flights a week while every domestic destination with an airport will be covered.
Vietnam will have a fleet of 190 – 210 aircraft then, Vietnam Airlines will be a 4-5-star carrier, and low-cost airlines will match the quality of regional budget carriers.
The rate of delayed and cancelled flights will be reduced year by year.
To implement these goals, the project has set up missions and envisioned solutions like renovating institutions and policies and speeding up administrative reform, increasing the efficiency of airfreight and international connections, developing multiform-transport and logistics, efficiently exploiting existing infrastructure, improving management efficiency and public investment, and encouraging and attracting private investment in airfreight.
Equitisation and restructure of transport companies will be accelerated together with introduction of modern technology.
International co-operation and human resource development are two other key tasks.
The project also calls for expanding the airfreight market based on it strengths as the safest, fastest and most convenient mode of transport.
It eyes closely linking the local market with its international and regional counterparts, focusing on the market share of low-cost airfreight, and reducing airlines' expenditure and bolstering their efficiency.
By then the Vietnamese airfreight market will be the fifth largest in the ASEAN bloc of nations.
By 2020 international flights will arrive at all international airports and all domestic sectors will have at least seven flights a week while every domestic destination with an airport will be covered.
Vietnam will have a fleet of 190 – 210 aircraft then, Vietnam Airlines will be a 4-5-star carrier, and low-cost airlines will match the quality of regional budget carriers.
The rate of delayed and cancelled flights will be reduced year by year.
To implement these goals, the project has set up missions and envisioned solutions like renovating institutions and policies and speeding up administrative reform, increasing the efficiency of airfreight and international connections, developing multiform-transport and logistics, efficiently exploiting existing infrastructure, improving management efficiency and public investment, and encouraging and attracting private investment in airfreight.
Photo for illustration
|
International co-operation and human resource development are two other key tasks.
The project also calls for expanding the airfreight market based on it strengths as the safest, fastest and most convenient mode of transport.
It eyes closely linking the local market with its international and regional counterparts, focusing on the market share of low-cost airfreight, and reducing airlines' expenditure and bolstering their efficiency.
Other News
- Hanoi approves 14 residential projects amid market challenges
- Prime Minister urges quick construction of National Exhibition Center
- Hoa Lac Park aims to become “a high-tech hub”
- Hanoi to build a new biotech high-tech park
- Vietbuild Hanoi International Exhibition 2024 attracts over 1,200 pavilions
- Hanoi prioritizes green constructions for sustainability
- Another industrial cluster comes operational in Hanoi
- PM: All resources focused on accelerating key transportation projects
- 9 more housing projects approved for commercial launch in Hanoi
- PM wants to finish 500kV transmission line by Independence Day
Trending
-
Expatriate workforce in Hanoi: Growth engine requring thorough administration
-
Vietnam news in brief - November 5
-
Hanoi approves 14 residential projects amid market challenges
-
Hanoi seeks partnerships to build skilled workforce for digital transformation
-
Adorable baby hippo wows Hanoi visitors
-
Localizing idols: Vietnam’s shift from Hallyu to homegrown stars
-
Hanoi plans major upgrade for iHaNoi by 2026
-
Berlin Film Festival award-winning motion picture premieres in Vietnam
-
Love triangle drama opens Hanoi Open Stage Festival