Vietnam’s business aviation sector is in its early stages but showing signs of significant potential, according to Quang Le, key account manager at Chapman Freeborn’s Ho Chi Minh City office. With only 10 to 12 private jets based in the country—just three of which are available for charter—the market remains small relative to its economic scale.
“This market, at the moment, lacks a couple of aircraft types, especially in terms of midsize jets,” Le said. “An introduction of midsize jets would significantly reduce the price for short flights that typically last an hour or so.”
He cited strong domestic growth, rising foreign investment, and an emerging luxury tourism sector as key drivers. Vietnam’s 7.52% GDP growth in the first half—the fastest in 15 years—has created demand for more accessible business travel options, Le noted.
Regulatory conditions have improved in recent years, with more business jets now able to register and operate locally. Chapman Freeborn, part of Avia Solutions Group, has established a dedicated local presence to support clients navigating the market. “Like I said in the beginning, it’s uncharted waters, but the companies that manage to successfully navigate today may well be positioned to excel in the market and shape it,” Le said.