Recovery of international aviation market requires action

Vietnam should do as much as possible to promote the recovery of the international aviation market, to avoid any risk of businesses in the field leaving the market, according to economists.

Revenue from international flights conducted by local carriers such as Vietnam Airlines and Vietjet Air are down significantly, which puts many associated businesses at risk of closing. According to Mr. Tran Tho Dat, Chairman of the Science and Training Council at the National Economics University (NEU), a member of the Prime Minister’s Economic Advisory Group, the fight against the pandemic worldwide and in Vietnam has been strengthened so now is a suitable time for Vietnam to reopen international flights.

To ensure the recovery of international aviation and support businesses, Vietnam needs to be cautious to avoid risks. The reopening of international flights is considered not only necessary for the recovery of the aviation sector but also for Vietnam’s position and economic recovery.

Moreover, Vietnam needs to determine to reopen international tourism activities in a spirit of prioritizing safety and preventing the pandemic, according to Mr. Nguyen Le Phuc, Deputy Director-General of the Vietnam National Administration of Tourism (VNAT).

In addition to safe recovery, aviation businesses also need workable solutions to restore their operations and attract international tourists. Mr. Nguyen Huy Nga, former Director of the General Department of Preventive Medicine at the Ministry of Health (MoH), noted that isolation measures need adjustments, and how Vietnam will prevent the pandemic and conduct an isolation policy is key.