In its latest air cargo analysis, IATA has revealed that the airfreight market improved in May, but “a full recovery will take time”. Industry-wide demand, measured in cargo tonne km (CTKs), experienced a double-digit decline for the third consecutive month — by 20.3% year-on-year, an improvement on the 25.6% decline in April.

The enforcement of the EU-Vietnam Free Trade Agreement (EVFTA) will promote export-import activities, thus bringing direct benefits to the country's logistics industry, experts have said.

PARIS: International airlines are in line to make a combined net loss of more than US$84 billion this year in the wake of the coronavirus crisis which has decimated air travel, the International Air Transport Association said on Tuesday (Jun 9).

Representative of Boeing said that in the next 20 years, Southeast Asia will need 4,500 aircraft, in which demand from Vietnam accounts for a significant part.

The Asian Development Bank (ADB) has predicted that Vietnam’s economy will maintain healthy growth in 2019 and 2020 at 6.8 percent and 6.7 percent, respectively, after growing robustly at 7.1 percent last year.