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Tag: aviation

Vietnam NA approves Vietnam Airlines share issue to clear outstanding debts

This is an interesting development in that 86 percent of the airline is owned by the government. With this in mind, the National Assembly has effectively given the government permission to issue several thousand billion dong worth of shares to itself. It’s not clear, however, if the National Assembly will give the government permission to buy said shares.

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Road to second airport for Vietnam’s HCMC delayed amid land acquisition issues

Bao Giao Thong says this is because on one road 40 percent of the land is defense land though it doesn’t explain why this would cause abnormal delays. It also notes that Tan Binh District needs to hand over land belonging to 68 households before December 28 for a second road if it is to be completed by February 28 next year. It’s not clear if there is a delay here or if a delay is expected.

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Vietnam domestic flights show slight recovery in October

Among the market leaders, Vietnam Airlines operated 7,483 flights in October with Vietjet retaining its leading position with 7,965 flights, making it the top carrier for domestic routes. Pacific Airlines operated 366 flights, while Vasco and Bamboo Airways contributed 489 and 1,150 flights, respectively.

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Vietnam Transport Ministry seeks one year extension on new HCMC airport

Vietnam’s Ministry of Transport has gone to the National Assembly requesting an extension of the deadline for Ho Chi Minh City’s second airport which is currently under construction in Long Thanh. At the same time, the Ministry is also asking for permission to add a second runway to the first phase of the project…

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