HÀ NỘI — Slower recovery in international markets and lower demand in domestic air travel have been hindering the recovery of Việt Nam's airline industry, said industry insiders and policymakers. Meanwhile, economic slowdown and visa policies have been significantly hindering the recovery of the Chinese market at just 17 per cent of the pre-pandemic level. This had a much bigger-than-expected impact on Việt Nam's airline industry as China has become one of the largest tourism markets in recent years. As a result, airlines had been turning attention to the domestic market's recovery, which produced an oversupply. By the end of July, demand decreased significantly, unlike previous years, in which demand lasted late into August, even early September," said a representative from a major domestic airline.
