Airports Council International forecasts that Vietnam will have the fastest air passenger growth in the world in the period of 2018-2040 with an average annual growth rate of 6.2%.

KB Securities predicted there would be flat growth in foreign tourist arrivals to Vietnam in 2020, compared to 15% growth in 2019.

The volume of passengers in 2020 would plunge 46% to 43 million passengers compared to 2019, according to the Ministry of Transport.

During the meantime, the government’s priority would be to address difficulties and concerns of operating Vietnamese airlines.

Local aviation companies are continuing to face a challenging time ahead.