Vietnam has been maintaining an average growth rate of 6.5% GDP in the first three quarters of 2018. To continue to develop this strong growth the country has been investing significantly in developing infrastructure with airport development being one of the top priorities.

According to IATA, Vietnam is one of the fastest growing aviation markets globally with an average growth rate of 17.4% over the last decade. This is far higher than the 7.9% growth in Asia-Pacific. Vietnam’s Ministry of Transport plans to spend US$15bn to develop aviation infrastructure across 23 airports that will have a combined annual 144 million passengers by 2020.

The expansion plan for Tan Son Nhat (over $1bn) has been approved by the Government and this project implementation takes priority. A Feasibility Study for the brand new International Airport Long Thanh ($16bn) is being conducted. Plans are also in place for the expansion of Noi Bai ($3.7bn) and a number of Tier 2 airports.

Participants on the Mission will have the opportunity to:

• Engage with key Government contacts and stakeholders in the industry
• Be briefed on the country plan and progress for airport development projects
• Learn about investment plans in airport projects from the (local) private sector
• Identify potential areas of opportunity/collaboration
• Pitch their capability and expertise to key decision makers

Dates and locations:

Hanoi – Monday 10 December 2018: Meetings with the Civil Aviation Authority of Vietnam and other key stakeholders.

Ho Chi Minh City – Tuesday 11 December 2018: Meeting with key stakeholders and an evening networking event.

Expression of interest:

UK companies in the supply chain are requested to register their interest by Saturday 10 November to:

DIT Vietnam

Nguyen Thi Phuong Nam (Ms)
Senior Commercial Officer
Nam@fco.gov.uk

Le Mai Hoang Giao (Ms)
Senior Commercial Officer
Giao@fco.gov.uk

Cc DIT London:

Amanda Lightbody
Airport Specialist/Infrastructure
Department for International Trade
Amanda.Lightbody@trade.gov.uk

Please note that this airport sector trade mission to Vietnam follows the DIT trade mission to the Airport Solution Indonesia Event in Jakarta on the 5 and 6 December 2018. Companies are welcome to participate in one or both Missions.