AVIAREPS expands global network into Vietnam

05 November 2019

Ho Chi Minh City location to serve the international travel market in Vietnam

AVIAREPS, the world’s leading international representation, marketing and communications company for aviation, tourism, hospitality, and food & beverage brands, has expanded its presence in the Asia travel market with the opening of its newest location in Ho Chi Minh City, Vietnam. Led by Deputy General Manager Giang Ha, the location will bolster the AVIAREPS network in the Asian-Pacific region, offering an array of services including representation and sales, digital marketing and communications, business development and more.

Over the past three decades, Vietnam has seen a complete economic and social transformation. Once one of the world’s poorest countries, it has quickly developed into a lower-middle-income nation. Thanks in part to a series of economic and political reforms known as Doi Moi, the economy has been rapidly growing, and in recent years, the country has joined the World Trade Organization and signed several free trade agreements. In 2018, Vietnam’s GDP grew by 7.1 percent and, according to the World Bank, it is expected to maintain a growth rate of about 6.5 percent over the mid-term.1

Edgar Lacker, Chief Executive Officer, AVIAREPS:

“Vietnam is a true economic success story. Right now, a strong middle class with disposable income is emerging, which is making it easier than ever for Vietnamese citizens to explore the world beyond their borders. As interest in international travel grows and the infrastructure to support it further improves, it will be possible for destinations, airlines and other tourism-related brands to make profitable investments in this quickly developing market.”

Vietnam’s outbound travel market is already showing strong signs of growth. In 2017 outbound trips reached 7.5 million and, according to Mastercard’s Future of Outbound Travel in Asia Pacific (2016 to 2021) Report, through 2021, the outbound travel market in Vietnam is expected to grow by 9.5 percent – the second-highest rate in the region. In 2017 outbound trips already reached 7.5 million.2

Giang Ha, Deputy General Manager, AVIAREPS Vietnam:

“I’m very pleased to be able to help our existing clients, as well as new brands, step into the Vietnam market. With one of the fastest-growing economies in the world, the market offers a wealth of investment opportunities waiting to be seized.”

Sources:

1OECD, World Bank, WTTC

2Vietnam Economic Times

About AVIAREPS

AVIAREPS is the world’s leading international representation, marketing and communications company for aviation, tourism, hospitality, and food and beverage brands. Founded in Germany in 1994 with the ambition to help clients to step into global markets, the company’s global network of more than 800 experienced professionals now spans 67 owned offices in 48 countries.

The AVIAREPS service portfolio includes extensive expertise in representation and sales, marketing and communications, business development, IT solutions and financial services. In addition to their well-established General Sales Agent (GSA) services and tourism marketing representation, AVIAREPS provides more than 250 clients with support in digital marketing, advertising, public relations, crisis communications, social media management, event coordination, sales, web design and more.

For more information on how AVIAREPS influences where and how travelers choose to spend their time and money, please visit www.aviareps.com.

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