Update news ACV

Airline service fees reduced by half for next six months

Fees for takeoff and landing and aircraft operating services for domestic flights will continue to be cut by 50 per cent for the next six months to support airlines affected by the COVID-19 pandemic, according to a Transport Ministry circular.

The ‘cash kings’ in the Covid-19 period

While many businesses have had to borrow money to maintain operation during the Covid-19 crisis, some others have tens of trillions of dong in cash.

ACV reduces airline service fees for next six months

The Airports Corporation of Vietnam (ACV) has announced it will reduce airline service fees for six months from March to August to support airlines suffering from the COVID-19 pandemic.

Financial dilemma over air strips of Noi Bai and Tan Son Nhat airports

State management agencies are at a loss in finding suitable capital for improving the runways at Noi Bai and Tan Son Nhat international airports.

Airport funding plans on the way

Domestic and international private investors are expected to have fresh opportunities to join the long-awaited Long Thanh International Airport project in the near future, with the form of investment to be decided next month.

Private investors have few opportunities to develop airports

A large part of the national plan on mobilizing different investment sources for the development of airports is reserved to analyze the important role of the Airports Corporation of Vietnam (ACV) in the development and management of airports.

Is Vietnam’s aviation market losing its appeal?

Air Asia has given up its plan to set up a joint venture in Vietnam, while Vingroup has canceled its Vinpearl Air project.

No State capital for Tan Son Nhat Airport’s T3 terminal

No State capital will be provided for the construction of the Tan Son Nhat Airport’s T3 Terminal, Deputy Prime Minister Trinh Dinh Dung has announced.

Agency hesitates about whether to license small airlines

More airlines have joined or are going to join the market, though infrastructure has not been upgraded and airports are seriously lacking slots for aircraft.

State-run Vietnam Rubber Group gets green light to list on HoSE

Once completed listing on the Ho Chi Minh City Stock Exchange, Vietnam Rubber Group would be the second largest firm in terms of registered capital, behind BIDV.

Vietnamese airports expect to serve 127 million passengers in 2020

The Airports Corporation of Vietnam (ACV) said 21 airports that it is managing and operating are expected to serve a total of 127 million passengers in 2020, a year-on-year rise of 10 percent.

Construction starts on new Hue airport terminal

Local authorities in the central province of Thua Thien - Hue yesterday kicked off work on a second terminal at Phu Bai International Airport in Huong Thuy Town.

Airport operator ACV pays $86 million cash dividend

The Airports Corporation of Vietnam (ACV) has completed paying a cash dividend worth nearly VND2 trillion (US$86 million) for 2018.

Airports Corporation of Vietnam be investor of Tan Son Nhat, Long Thanh airports

The Ministry of Planning and Investment (MPI) has submitted to the Prime Minister a plan to assign the Airports Corporation of Vietnam (ACV) to develop the T3 terminal at Tan Son Nhat Airport.

Over $214mil. to be invested for mountainous airport in Vietnam

Airports Corporation of Vietnam (ACV) has planned the investment of VND4.78 trillion (USD214.97 million) into rebuilding Dien Bien Phu Airport in the northern mountainous province of Dien Bien.

Vietnam Airports Corporation facing risks in airport venture

International financiers may have no room to join Long Thanh International Airport project, with the lack of a government loan guarantee creating a major obstacle for would-be investor Airports Corporation of Vietnam to ensure bankability.

Calling foreign investment and co-operation in aviation industry

The potential in Vietnam’s aviation industry in the next five years will be a heavy incentive for foreign businesses to invest and seek co-operation.

Commencement date nears, but capital sources for Vietnam's giant Long Thanh airport still unclear

The Long Thanh International Airport project is scheduled to kick off in 2021, with the first phase of the project expected to be completed by 2025.

Vietnam allocates US$4.7 billion for Phase 1 construction of new mega airport

During the first phase of the construction, the work items include a runway, a passenger terminal with handling capacity up to 25 million people and a cargo terminal for 1.2 million tons of goods annually.

Gov’t proposes naming ACV as investor in Long Thanh airport

The Government has proposed naming State-owned Airports Corporation of Viet Nam (ACV) as the main investor for the first phase of Long Thanh International Airport in the southern province of Dong Nai.