The Trinity Forum 2024, the world's premier airport retail trade forum, opened in Ho Chi Minh City on November 5, drawing over 400 global experts and senior executives of more than 80 businesses from 30 countries worldwide.

The two-day event, themed “Driving Innovation to Stay Relevant in a Rapidly Changing Consumer Landscape,” opened up opportunities to boost cooperation and share experience in developing the aviation, tourism and retail sectors.

Experts at the forum discussed strategies to capitalize on this momentum, focusing on innovation in airport experiences, airport expansion plans, the future of air travel retail, and smart consumer trends, among others.

Vietnam's strategic location in Asia, coupled with its burgeoning tourism industry, growing middle class, and Government efforts to improve airport infrastructure, will not only give a strong boost to its economy but also position the country as a potential hotspot for the aviation commerce industry, they remarked.

A report from the ACI indicated that non-aviation revenue accounted for 30-40% of global airports' total revenue in 2023, signaling a robust recovery for the travel retail and duty-free sectors post-pandemic.

Addressing the event, Mr. Nguyen Duc Hung, Deputy Director General of the Airports Corporation of Vietnam said the event demonstrated Vietnam’s commitment to developing the aviation sector in a sustainable manner.

The event helped international friends and FDI enterprises to better understand the aviation sector of Vietnam and opened up new cooperation opportunities, he said.