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Vietnam may have first female USD billionaire

VietNamNet Bridge – The CEO of Vietnam’s first private low-cost airline VietJet Air, Nguyen Thi Phuong Thao, is anticipated to become the first female USD billionaire in Vietnam after VietJet launches its initial public offering.

Vietnam aviation market may suffer losses in the medium term

 VietNamNet Bridge - According to the Center of Asia Pacific Aviation (CAPA), the domestic aviation market of Vietnam will suffer losses in the medium term, when the average fares fall because of competition.

State warned it may lose capital on Vietnam Airlines’ proposal

VietNamNet Bridge - The Vietnam Airlines Corporation (VNA), the national flag air carrier, has asked for permission to contribute capital to set up a new carrier under the mode of a joint stock company.

Low-cost carrier ‘great war’ begins

VietNamNet Bridge - Behind the current sales promotion campaigns for zero-dong and super-cheap fares is stiff competition among low-cost air carriers (LCC).

Vietjet, Airbus to establish training centre in Vietnam

  Low-cost carrier Vietjet Air and Airbus have signed an agreement to open a training centre in Vietnam’s southern city of Ho Chi Minh at the ongoing Singapore international Airshow 2016.

Low-income earners travel by air as aviation market competes on fares

 VietNamNet Bridge - To gain market dominance, domestic airlines have to compete on fares but they also have to face extreme problem of profit margins.

VN airlines report record profits

VietNamNet Bridge - The warming of the domestic economy combined with the fall in fuel prices have brought about record-high revenue and profits for most Vietnamese air carriers in 2015.

Competition increases in Vietnam’s aviation sector

Growing demand for air travel during national holidays, especially the lunar New Year (Tet) has heated up competition in Vietnam’s aviation sector.

Airlines join in a new race

 At the Dubai Air Show in early November, budget carrier VietJet signed an agreement with Airbus to buy 30 A321 aircraft worth $3.6 billion at list prices.

Vietjet gets international recognition for outstanding operational standards

Vietjet recently received the International Air Transport Association’s (IATA) certificate for operational safety audit (IOSA). 

Enjoy euphoric Korea, Myanmar trips from just $0 with Vietjet

 Summer is always the peak travel season. However, many attractive promotions by airlines, such as discounted airfares, have been providing frequent holidaymakers opportunities to travel all year round.

BUSINESS IN BRIEF 27/5

HCMC signs cooperation MoUs with RoK giants, Ha Tinh terminates trillion-dong steel complex project, Trade sees $1.87b deficit in first half of May, VietJet, VNPT to co-operate on telecommunications

Vietjet to launch Vietnam-China route

 VietNamNet Bridge - Vietjet recently unveiled its plans to launch direct flights connecting Vietnam with China. The announcement was made at a ceremony held in Beijing during the official visit to China by Party Secretary General Nguyen Phu Trong

Vietjet named best place to work in tourism and hospitality industry

The budget airline Vietjet was the top working place in the tourism and hospitality industry in 2014, according to an annual survey “Best Places to Work in Vietnam”, conducted by Anphabe and Nielsen.

How much are airports really worth?

It is still unclear how the airports’ worth should be assessed before they are transferred to private investors.

Lesbian couple celebrates wedding on Vietjet flight

 VietNamNet Bridge - On Valentine’s Day (February 14), passengers on Vietjet flight from Ho Chi Minh City to Bangkok were surprised to witness the wedding of the same-sex couple Thanh Phuong and Ai Linh.

Vietjet welcomes a new Airbus

 VietNamNet Bridge - The low-cost airline Vietjet yesterday received the third Airbus A320 at the Tan Son Nhat International Airport in HCM City.

Vietjet offers zero air fare for Hanoi - Seoul route

 VietNamNet Bridge - To celebrate the upcoming Lunar New Year, Vietjet is giving away 5,000 free air tickets for flights between Hanoi and Seoul (South Korea) for the next three days.

Vietjet celebrates 10 millionth passenger

 VietNamNet Bridge – After three years of operation, Vietjet welcomed its ten millionth passenger at Vinh Airport in Nghe An province on Saturday, the same day the airport unveiled its upgraded terminal.

Vietjet offers zero airfare for latest domestic routes

 VietNamNet Bridge – The budget airline Vietjet is running an incredible promotion to celebrate the launch of its newest air routes, Hanoi – Quy Nhon and Ho Chi Minh City – Dong Hoi, with fares going as low as VND0.