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One slide from Boeing’s 2020 Commercial Market Outlook (CMO) ranks Viet Nam in the top 5 countries which add the most airlines capacity between 2010-19. Southeast Asia will need 4,400 new airplanes valued at US$700 billion to support expanding demand for air travel over the next 20 years, said Darren Hulst, Boeing vice president of Commercial Marketing. In an online conference yesterday, Hulst quoted Boeing’s 2020 Commercial Market Outlook (CMO), saying: “The intra-Southeast Asian market will become the fifth largest in the world by 2039, and the vast domestic and regional air-travel network across the region positions it well for a post-pandemic recovery.” With low-cost carriers providing affordable service and added capacity, CMO estimated traffic growth in Southeast Asia to grow by 5.7 per cent annually in the next 20 years, making the region the second largest aviation market in the Asia-Pacific region after China. Boeing, at the same time, projected the region’s commercial airplane fleet to grow 5.3 per cent annually during the period while the demand for aftermarket commercial services could reach US$790 billion. Hulst said: “Southeast Asia’s fundamental growth drivers remain robust. With an expanding middle-class and growth in private consumption, the region’s economy has grown by nearly 70 per cent over the last decade, which increases propensity to travel,” adding: “Governments in the region continue to recognise the travel and tourism sectors as important drivers of economic growth.” Boeing’s vice president said: “Indonesia, Thailand, Viet Nam, Malaysia and the Philippines are the markets that most contribute to the growth in the global aviation market. They are also places with more room for expansion because of the emerging middle class, which could be 60 million new passengers in the next 15 years.” Hulst also considered Viet Nam as the fastest growing market in terms of growth of air travel in the region with the advantage of a strong …

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One slide from Boeing’s 2020 Commercial Market Outlook (CMO) ranks Việt Nam in the top 5 countries which add the most airlines capacity between 2010-19. HÀ NỘI — Southeast Asia will need 4,400 new airplanes valued at US$700 billion to support expanding demand for air travel over the next 20 years, said Darren Hulst, Boeing vice president of Commercial Marketing. In an online conference yesterday, Hulst quoted Boeing’s 2020 Commercial Market Outlook (CMO), saying: “The intra-Southeast Asian market will become the fifth largest in the world by 2039, and the vast domestic and regional air-travel network across the region positions it well for a post-pandemic recovery.” With low-cost carriers providing affordable service and added capacity, CMO estimated traffic growth in Southeast Asia to grow by 5.7 per cent annually in the next 20 years, making the region the second largest aviation market in the Asia-Pacific region after China. Boeing, at the same time, projected the region’s commercial airplane fleet to grow 5.3 per cent annually during the period while the demand for aftermarket commercial services could reach US$790 billion. Hulst said: “Southeast Asia’s fundamental growth drivers remain robust. With an expanding middle-class and growth in private consumption, the region’s economy has grown by nearly 70 per cent over the last decade, which increases propensity to travel,” adding: “Governments in the region continue to recognise the travel and tourism sectors as important drivers of economic growth.” Boeing’s vice president said: “Indonesia, Thailand, Việt Nam, Malaysia and the Philippines are the markets that most contribute to the growth in the global aviation market. They are also places with more room for expansion because of the emerging middle class, which could be 60 million new passengers in the next 15 years.” Hulst also considered Việt Nam as the fastest growing market in terms of growth of air travel in the region with the …

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Hanoi reports case of COVID-19 relapse A patient has tested positive for SARS-CoV-2 again after being given the all-clear, the Hanoi Centre of Disease Control (CDC Hanoi) said on February 25. The 48-year-old patient, who resides in Dich Vong ward in Cau Giay district, has been taken to the National Hospital for Tropical Diseases for further quarantine and treatment. The case does not pose any risk of community transmission, Deputy Director of CDC Hanoi Khong Minh Tuan said. Hanoi had reported 36 COVID-19 cases between January 27 and 12pm on February 25, according to the municipal Department of Health. Vice Chairman of the Hanoi People’s Committee Chu Xuan Dung said relevant agencies have been asked to assess infection risks and put forward solutions to reach the “new normal”./. Citizen protection provided to Vietnamese affected by record cold in Texas The Vietnamese Consulate General in Texas and Vietnamese representative offices in the US are keeping a close watch on the record cold temperatures in Texas, have appointed staff on-duty around the clock, and are coordinating with host authorities to conduct necessary citizen protection measures, Foreign Ministry spokesperson Le Thi Thu Hang said on February 25. Hang told reporters that a majority of the 300,000 or so Vietnamese people in Texas have been seriously affected by the record-breaking snow storm and cold spell, which cut power and water supplies. According to official information from Texas authorities, four Vietnamese Americans were killed in a fire in the state, Hang said, adding that the Vietnamese Consulate General in Houston has contacted Vietnamese people and students in the local area to offer support. People seeking help are advised to contact the citizen protection hotlines of the Vietnamese Embassy in the US and the Vietnamese Consulate General in Houston, or the Citizen Protection Call Centre of the Ministry of Foreign Affairs’ Consular Department./. Localities ordered to …

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