Update news concession

Though having set a starting price at VND11,800 per share for the IPO (initial public offering), slated for December 10, the Airports Corporation, and its consultancy firm, believe the real value of the shares is higher.

Phu Quoc Airport to be leased to Vietnamese businesses only

VietNamNet Bridge - The Phu Quoc International Airport will be leased to Vietnamese businesses under operation and maintenance contracts for 30 years.

Investors warned of outdated railway technology

VietNamNet Bridge - Current railway technology in Vietnam is out of date, and investors would likely fail if they poured money into railway projects, said Tran Dinh Ba, a respected civil engineer.

Finance Ministry dissuades Transport Ministry from offering airport concessions to airlines

VietNamNet Bridge - The Ministry of Finance (MOF) has suggested not offering the concession to exploit airports to air carriers, warning that if airports are put under control by airlines, this would create unhealthy competition in the market.