Vietnam Air Cargo Day 2024 Forum takes place in Hanoi

Under the theme 'Securing the Future of Air Cargo: Digitalisation and Compliance', the IATA Air Cargo Day Vietnam 2024 forum focused on key issues in the aviation and logistics sectors, including digital transformation, evolving safety and security regulations, along with initiatives to optimise transportation processes.
Vietnam Air Cargo Day 2024 Forum takes place for first time in Hanoi
Over 200 attended the Air Cargo Day forum in Hanoi. (Source: VNA)

Held on November 7 in Hanoi, the forum was organised by the International Air Transport Association (IATA) and Vietnam Aviation Exhibition Corporation (VIAExpo) in collaboration with the Vietnam Logistics Business Association (VLA) and the Vietnam Association of Aviation Science and Technology (VAAST).

This is the first time the event has been hosted in the capital, aimed at expanding networks and promoting air cargo transport both within the region and internationally.

The event drew over 200 participants, including Government agencies, diplomatic representatives, experts and industry leaders from national and international aviation supply chains.

Experts at the forum highlighted the essential role of air logistics in connecting global supply chains and supporting national trade activities.

President of the Vietnam Logistics Business Association (VLA) Dao Trong Khoa, said “air logistics accounts for up to 35% of global trade value, equivalent to over 6 trillion USD, enabling rapid delivery of high-value and sensitive goods to consumers. With the rapid development of e-commerce, air logistics is viewed as an indispensable link, ensuring connectivity and economic growth.

“Following the COVID-19 pandemic, Vietnam’s aviation industry has recovered strongly. In the first nine months of 2024, cargo volume through Vietnamese airports reached 1.2 million tonnes, an 80% increase from the same period last year.

"Domestic airlines have operated over 300,000 flights, with an on-time rate of 85%, a 2% improvement from the previous year. However, the industry faces significant challenges, particularly with the expanding trends of digitalisation and automation, requiring companies to rapidly update their technology to maintain competitiveness.”

As Vietnam integrates further into the global economy, complying with new safety and security regulations presents a significant challenge for businesses.

International standards, especially from markets like the United States and Europe, require companies to demonstrate transparent business relationships and strict adherence to security standards. The forum provided an opportunity for companies to stay updated on these regulations, enhancing their reputation and promoting a transparent and sustainable business environment.

The VLA stated that going forward the sector would focus on green technology solutions, minimising greenhouse gas emissions and contributing to sustainable development goals. The VLA is actively promoting clean technology adoption, process optimisation, cost reduction and faster delivery times, particularly in terms of e-commerce.

With experts from various countries in attendance, IATA Air Cargo Day Vietnam 2024 also presented an important opportunity for building new partnerships, expanding markets and exploring investment opportunities.

The forum facilitated collaboration between regulators and businesses, promoting international cooperation in the aviation and logistics sectors. By sharing experiences and discussing development strategies, the event provided not only immediate benefits but also a foundation for the long-term growth of Vietnam’s aviation and logistics industry.

Vietnam Air Cargo Day 2024 reaffirmed the role and potential of the aviation sector amid an increasingly competitive global market. Insights shared by experts at the forum not only helped businesses stay informed, but also motivated them to collectively build sustainable strategies, adapting to technological advancements and international compliance standards.

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(Source: VNA)