Phu Quoc Airport

Update news Phu Quoc Airport

VietNamNet Bridge - Vietnam Airlines, the national flag air carrier, is seeking shareholders’ approval for the sale of three Airbus A350s it would receive in 2016-2017.

Vietnamese bankers harbor ‘airline dream’

VietNamNet Bridge - Bankers have been repeatedly warned about the high risks they would face when investing in the aviation sector, but they still harbor the ‘airline dream’.

CAAV’s plan to build airports in northwest raises controversy

VietNamNet Bridge - Aviation experts believe that it would be a waste to spend VND10 trillion to build three airports in the northwest.

ACV wants to negotiate with foreign investor on strategic partnership

VietNamNet Bridge - The Airports Corporation of Vietnam (ACV), the biggest enterprise in Vietnam’s aviation industry, has asked for the governing body’s permission to start negotiations to find strategic shareholders in January. 

Luxury distributor, banker, airport developer vye to be ACV’s strategic investor

VietNamNet Bridge - Though setting very high requirements on investors, many financially powerful corporations still want to become strategic shareholders of Airports Corporation of Vietnam (ACV).

How much are ACV shares worth?

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.

Vietnam seeks aviation investment

 VietNamNet Bridge – Viet Nam is creating a framework to stimulate private investments in the aviation industry, as public-private partnerships for development of this sector has become a trend in the region.

ACV seeks to expand Phu Quoc Airport

 VietNamNet Bridge – Airports Corporation of Vietnam (ACV) has proposed expanding Phu Quoc International Airport to meet increasing demand for air travel to and from the resort island of the same name off mainland Kien Giang Province.

Why are branded-goods tycoons and real estate developers attracted to Phu Quoc Island?

VietNamNet Bridge - The plan to develop a Phu Quoc Special Economic Zone (SEZ) has prompted investors to pour money into Phu Quoc Airport.

Phu Quoc Airport lures investors

 VietNamNet Bridge – Heavyweight local investors are racing to secure the rights to operate the Phu Quoc International Airport in southern province of Kien Giang.

The billionaire who wants to acquire Phu Quoc Airport

Do Quang Hien’s T&T Group appears to be the leading candidate for the new developer of Phu Quoc Airport, thanks to the company’s huge assets and commitments.

Will private capital be poured into airports?

VietNamNet Bridge – The Ministry of Transport (MOT) believes that it will succeed in attracting private capital to airport projects if it can develop reasonable policies.

Transport Ministry to sell operation rights of Phu Quoc Airport

 Minister of Transport Dinh La Thang has instructed the Airport Corporation of Vietnam (ACV) to set up a pilot project to sell the operation rights of Phu Quoc International Airport in the Mekong Delta province of Kien Giang this year.

VAT refunds sought for foreign shoppers at Phu Quoc airport

VietNamNet Bridge – The Ministry of Finance has proposed the Government add Phu Quoc International Airport to the list of airports allowed to refund the value added tax (VAT) for goods foreign visitors and overseas Vietnamese buy

Most airports operate below design capacity in Vietnam

 VietNamNet Bridge – Vietnam has 22 airports but only Noi Bai and Tan Son Nhat International Airport are operating above their design capacity, reported the Airports Corporation of Vietnam.

Phu Quoc Airport up for sale

VietNamNet Bridge – Phu Quoc Airport on the resort island of the same name is to be put up for sale so that the Airports Corporation of Vietnam can raise funds for other airport projects, said the top executive of the corporation.

Travel News

Vietnam Tourism Awards 2013 about to launch; Danang visitors get free postcards; Festival of Art benefits Sa Pa artists; Hanoi tourism jumps 14.6% in eight months; Phu Quoc to see waves of int’l arrivals this November

Lower airport service fees attract foreign firms

VietNamNet Bridge – After an announcement by the Civil Aviation Authority of Vietnam to slash service fees at five international airports, some foreign aviation firms and travel enterprises have prepared plans to launch new flights to Vietnam

Funding sought for transport projects

 VietNamNet Bridge – The Ministry of Transport and relevant State agencies needed to mobilise social funding for transport projects, as the current funding available for the transport sector this year stood at only VND20 trillion