return icon Vietnamnet.vn

Vinpearl Air to fly next year

Major local conglomerate Vingroup’s own air carrier, called Vinpearl Air, is expediting procedures for its inaugural flight in July 2020.

 

 

{keywords}
A view of Tan Son Nhat International Airport. Vinpearl Air is expediting procedures for its maiden flight in July 2020

 

Apart from applying for an air transport license, the carrier launched a marketing and advertising program for its business on Phu Quoc Island last week.

Vinpearl Air, which is headquartered in Hanoi City, had earlier applied for a business license with six new-generation aircraft, ready to take off in July 2020. Each year, the carrier will increase its aircraft fleet by six planes, targeting 30 aircraft by 2024.

Recruitment has been completed quickly.

However, the approval process for the airline’s air transport operations is taking a long time as the newcomer had registered its business in Hanoi City, where the Hanoi Department of Planning and Investment is required to consider the application before submitting it to the Ministry of Planning and Investment.

The Ministry of Planning and Investment and the Ministry of Transport will assess the carrier’s initial steps and will submit the application to the prime minister for approval.

In related news, Bamboo Airways is completing procedures to expand its aircraft fleet to 30 airplanes by 2023.

Lan Nhi

 

No licenses for airlines without training plans: CAAV

No licenses for airlines without training plans: CAAV

The Civil Aviation Authority of Vietnam (CAAV) is encouraging the establishment of new carriers, but it will not grant operating licenses to carriers that fail to present plans for training human resources, particularly pilots.  

Vietnam’s airlines need around $1,300 per passenger to fly to US

Vietnam’s airlines need around $1,300 per passenger to fly to US

Bamboo Airways, the private airline which has just joined the market, plans to provide non-stop flights from late 2020 or early 2021. Meanwhile, older carriers still have not made any statements about the matter.

How many airlines should Vietnam have?

How many airlines should Vietnam have?

The move by Vingroup to establish Vinpearl Air once again shows the attractiveness of the domestic aviation market.

MORE NEWS

Coal reserves running out, VN to import coal to generate electricity

Domestic coal production is mainly used for electricity production. In 2019, domestic coal for power generation accounted for 76% of total coal output.

Banks unveil ambitious charter capital hike plans

Banks have faced pressure to increase their charter capital over the past few years to enhance their financial capacity and improve safety indicators to get closer to international standards.

Can businesses still make money from stock trading?

Financial reports in the first quarter of the year highlighted that many enterprises earned profits from financial investment activities but the profits plunged over the same period last year and their investment portfolios were narrower.

“Hell” rice that tastes like heaven

Among the specialties of the ancient city of Hue, Com am phu, or “Hell” rice, stands out with its combination of white rice, pork, shrimp, egg and herbs, culminating in a flavorsome experience.

SOE equitization: investors target ‘golden land’ owned by enterprises

Some state-owned enterprises (SOEs), after equitization, have changed their production and business models to exploit advantages in land, thus ‘killing’ their core businesses.

GameFi has potential to attract billions of dollars worth of foreign capital

To help promote development of Vietnam’s startups, Blockchain-based game projects can also help attract foreign capital, another source for tax collection.

VIETNAM NEWS HEADLINES MAY 22

15th National Assembly to commence third session on May 23

VIETNAM BUSINESS NEWS MAY 22

AMRO forecasts Vietnam’s strong recovery amidst external headwinds

Vietnam unveils national costume for Miss International Queen 2022

Vietnamese representative Phung Truong Tran Dai officially unveiled an outfit that she will wear during the National Costume Competition at the Miss International Queen 2022 pageant set to take place in June in Thailand.

Exploring the unspoiled beauty of Du Gia

The striking beauty, peaceful nature and fresh air of Du Gia Village in Ha Giang Province never ceases to enchant travelers.

Vietnamese stocks see world-leading growth

The surge of several leading stocks is deemed as a driving force for Vietnam's stock market achieving the world's strongest gains.

Lam Kinh ancient royal capital holds feudal mysteries

The special national relic site of the Lam Kinh ancient royal capital of the Later Le Dynasty in Thanh Hoa's Tho Xuan District harbours mysterious tales about one of the most significant Vietnamese feudal reigns.

Artist goes bananas with rustic artworks

Dried banana bark might sound useless to many, but by using his creativity and skill, artist Phan Van Dac in Quang Binh Province creates vivid landscapes and soulful portraits.

Vietnam Airlines posts VND2.6-trillion net loss in Q1

Vietnam Airlines reported a net loss of over VND2.6 trillion in the first quarter of 2022, sending the national flag carrier’s accumulated loss up to VND24.5 trillion, or over US$1 billion.

Developers clamour for legal clarity

Real estate leaders suggest that detailed regulations are needed to promote a healthy condotel, officetel, and resort villa sector in Vietnam.
back_to_top