Vietnam Airport Development Management Committee announced plans upgrade 18 of the country’s airports this year, including runway upgrades, construction of new terminal buildings and installing new night lights at 15 airports (Vietnam Economic Times, 22-Feb-2010).
Vietnam to upgrade 18 of its airports in 2010
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Airport investment, politics, airline relations: CAPA Airport Leaders Forum, Dubai, 16/17 May
Airport investment, the global geopolitical environment, airline inflight retailing and how it will affect airport retail, what do airlines want from airports, designing an aerotropolis, all of these are in the mix as the airline world rapidly changes.
Two big issues are how the policies of US President Donald Trump and the British decision to leave the European Union will affect the aviation world generally. These are already having a global impact – as already demonstrated by President Trump’s twice attempted immigrant ban and the restrictions on the carrying of laptop computers in airline cabins.
These issues will come under the spotlight at the CAPA Global Airport Leaders Forum, to be held on 16/17- May-2017 in Dubai, as an adjunct to the Dubai Airport Show 2017 (http://www.theairportshow.com/). The Airport Show is the leading B2B platform for companies to showcase airport and aviation related products and services, and is expected to attract over 300 companies and 7,500 professionals this year.
AirAsia initiates third attempt to launch Vietnamese JV; Vietnam maybe overburdened with LCCs
The AirAsia Group has forged a new joint venture in Vietnam, marking its third attempt to establish a Vietnamese affiliate. AirAsia was initially partnered with VietJet Air but the partnership was dissolved prior to VietJet commencing operations in late 2011.
The market has since more than doubled in size, and Vietnam has emerged as Southeast Asia’s fastest growing market. While there is further growth potential, the LCC incumbents VietJet and Jetstar Pacific have first mover advantage, and infrastructure constraints could make it difficult for any new entrant to establish a significant presence. AirAsia will also need to overcome regulatory hurdles.
Vietnam is the second largest market in Southeast Asia without an AirAsia affiliate - after Singapore, where the group has been able to develop a sizeable presence with a virtual hub. Vietnam is a market AirAsia strategically cannot avoid, but the group is late to the party and faces some of the same obstacles that have impacted its performance in the Philippines.