The report also said patronage of low-cost carriers rose dramatically to around 15 million, or well more than half all domestic passengers. The ratio of airline passengers rose from 0.5% in 2012 to 0.8% last year. 

The rise to the strong growth in budget carriers such as Vietjet and Jetstar Pacific, as analysts. The two no-frills arlines now fly on 50 domestic routes and 17 airports around the country. But they have also intensified investment in flying to international destinations.

Vietjet Air

Jetstar Pacific and Vietjet fly to places like Hongkong, Guangzhou, Taipei, Siem Reap, Seoul, Bangkok, Kuala Lumpur, Singapore.

According to the Vietnam National Administration of Tourism (VNAT), there were a record number of around 10 million international tourists last year, a year-on-year increase of 25%.

Jetstar Pacific Airlines

The tourism industry also served 62 million domestic tourists with the revenues of VND 400 trillion ($17.8 billion). Moreover, the co-operation between budget airlines and tourism companies in setting up attractive tours at reasonable costs has contributed to growing tourism.

The industry has set a target of 11.5 million international and 66 million domestic tourists this year and revenues of VND 460 trillion. This ambitious goals indicated  that the Vietnamese aviation industry would continue to have the opportunity to grow.

The country has been identified as one of seven fastest growing airline markets in the world.

VNA