Key Market Indicators
Vietnam's air transport sector is projected to see significant growth, with the number of departures expected to rise to approximately 539,500 by 2028. This marks an increase from around 392,700 departures recorded in 2023, translating to an annual compound growth rate of 5%. Since 1975, the demand for air transport in Vietnam has been on a steady incline, showing an average annual growth rate of 6.7%. This sustained increase underscores the expanding aviation market in the country. In the global context, China, India, and Canada rank just behind Vietnam in terms of the number of air transport departures. These countries hold the second, third, and fourth positions, respectively, in this ranking.
