Vietnam Airlines

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Large-cap companies end 2019 lower from their debuts

Three large-cap companies that debuted on the Ho Chi Minh Stock Exchange (HoSE) in 2019 saw their shares beaten by the benchmark VN-Index at the end of the year.

 

Vietnam cautious about opening aviation market to foreigners

The Prime Minister has agreed to raise the maximum foreign ownership ratio in Vietnam’s aviation enterprises by 4 percent only.

Outdated policy makes it impossible to upgrade aviation infrastructure

The underdevelopment of infrastructure is believed to be the main reason hindering the aviation industry.

Will non-stop flights to the US be profitable?

Vietnamese air carriers admit that it is not easy to attract passengers to fly non-stop between Vietnam and the US.

Direct air route to the US will not be opened soon

Director of the Civil Aviation Authority of Vietnam, Dinh Viet Thang, said it would take at least two more years for airlines to open direct routes to the US due to various issues.

 

Vietnam’s airlines to buy more aircraft to expand fleets

The airlines are focusing on developing fleets with narrow-body aircraft to increase efficiency in the context of fierce competition.

Foreign investors grasp more control overn Vietnam’s aviation market

Experts believed that the government’s decision on increasing foreign holding will be a springboard for foreign investors to penetrate into the Vietnamese burgeoning market.

Vietnam Airlines seeks to buy 50 narrow-body jets

Vietnam Airlines is seeking the go-ahead from the Ministry of Transport to purchase 50 narrow-body aircraft between 2021 and 2025 in a bid to secure a 55% share of the domestic air passenger transportation market and updating its existing fleet.

Financial obstacles need tackling to develop aviation infrastructure: experts

More specific mechanisms and legal frameworks should be created to attract funding to develop the local aviation sector’s infrastructure, which has yet to catch up with the sector’s overall development.

Vietnam’s sporting delegation leave for SEA Games 30

The Vietnamese sporting delegation on November 26 left Hanoi for the 30th Southeast Asian (SEA) Games in the Philippines on a charter flight of the national flag carrier Vietnam Airlines.

Phu Cat airport to welcome first international flight

Phu Cat airport in Quy Nhon city, the south central province of Binh Dinh, is scheduled to welcome the first international flight by the end of December this year.

Tourism helps more airlines take off in Vietnam

Vietnam's booming tourism industry has led to growth in the aviation sector, with more routes and airlines creating a new landscape for the industry.

 

VN aviation industry seeks private investment amid explosive growth

The booming aviation sector in Việt Nam needs investment from the private sector to ensure that it has adequate airport infrastructure for continued...

More airlines join market, create infrastructure bottlenecks

Runways, infrastructure and air traffic control activities cannot keep up with the pace of aviation market development.

Vietnam wins three ASOCIO awards for 2019

Three representatives of Vietnam won ICT awards for 2019 of the Asian-Oceanian Computing Industry Organisation (ASOCIO), according to the Vietnam Software and IT Services Association (VINASA).

Vietnam Airlines signs two deals worth $1bn

Deals signed with US's Pratt & Whitney and Sabre Corporation.

Vietnam’s booming aviation sector expected to become more competitive

Thien Minh Group has announced that its Kite Air will launch in the first quarter of 2020 with six aircraft and investment capital of VND5.5 trillion.

More airlines join market, Vietnam need more flight supervisors

With more airlines joining the market and airlines’ fleets expanding, there are concerns that there will not be enough flight supervisors.

New air routes launched between Vietnam, Thailand

Prime Minister Nguyen Xuan Phuc attended the launching ceremonies of new air routes between Vietnam and Thailand on November 2, on the occasion of his attendance at the 35th summit of ASEAN and related summits in Bangkok.

Vietnam Airlines earns $142 million in pre-tax profit

The Vietnam Airlines Group, listed as HVN, earned consolidated pre-tax profit of over 3.29 trillion VND (nearly 142 million USD) in the first nine months of this year, its financial report showed on October 31.