The Transportation Ministry is boosting the local aviation industry through innovations that can improve national competitiveness, Transportation Minister Budi Karya Sumadi said.
The world’s leading aircraft manufacturer Airbus has said its President and CEO Fabrice Bregier signed several agreements with Vietnamese partners to help the country develop the aviation industry.
The growth of Singapore’s aviation industry in the next 20 years will outpace that of several neighbouring markets including Malaysia, Thailand and Hong Kong (China).
The fifth Singapore Airshow, Asia’s largest, and one of the most important aerospace and defence exhibitions in the world, kicked off at the Changi Exhibition Centre on February 16.
Aerospace Engineering Services JSC, a Vietnamese joint stock company, has proposed joining with the Vietnamese Government to develop the country's aviation industry, with support from Airbus Group.
Deputy Prime Minister Hoang Trung Hai requested Vietnam's aviation industry to create breakthroughs in building and upgrading airports in a bid to name it in the top four in ASEAN.
Vietnam is creating a framework to stimulate private investments in the aviation industry, as public-private partnerships for development of this sector has become a trend in the region.
ASEAN
