transport & Infrastructure

Logistics costs are becoming an increasing challenge for Vietnam’s agricultural exports, Vietnamnet is reporting. The publication claims that 60 percent of logistics costs are transport-related and compares this to 30 percent ‘in other countries’ (no source provided). One of the key gripes in this article is that foreign transport firms,

In the week following the Lunar New Year, Hanoi’s Noi Bai International Airport, was welcoming up to 38,000 international arrivals a day, VN Express is reporting. This puts the airport well over its capacity of 10 million arrivals a year or around 27,000 passengers a day.  Ho Chi Minh City’s

One of Vietnam’s biggest airlines, Vietjet, has been ordered by a UK court not to obstruct the repossession of several of its jets by the lessor FW Aviation, Reuters is reporting. This is part of an ongoing dispute between the carrier and lessor FW Aviation–a subsidiary of the UK’s FitzWalter

Vietnam’s domestic media is reporting that Vietnam Airlines recorded a profit from ‘transportation activities’ in the fourth quarter of 2023, neglecting to mention that on the whole the airline recorded a loss in Q4 of VND 2,065 or US$84.6 million. This angle on these latest figures has been expressed by

Despite being negative equity alongside three years of losses, Vietnam Airlines may be able to remain listed on the Ho Chi Minh City Stock Exchange if amendments to Decree 155/2020/ND-CP are approved, according to Vietnam Stock Economic Magazine. The changes on the table include an additional clause to Article 120

Financial services firm KPMG, which audited the half-yearly report of Vietnam Airlines, has said financial support from the government may be needed to keep the national carrier afloat, The Leader is reporting. It also notes that in the first half of the year the airline Had an after-tax loss of

The president of Vietnam Airlines has said that overcrowding at airports in the burgeoning Southeast Asian nations cost the national carrier US$20 million last year, VN Express is reporting. Key takeaways HCMC airport was built for 28 million visitors a year; but Last year it had 34 million arrivals. Hanoi

Several government ministries and private enterprises have been called on to help ‘Bamboo Airways resolve its difficulties by year-end’ by the Deputy Prime Minister Le Minh Khai, VN Express is reporting. Key takeaways Petrolimex, the Airports Corporation of Vietnam, and several local banks have been asked to provide assistance; But

Trading restrictions on Vietnam Airlines (HVN) stock listed on the Ho Chi Minh Stock Exchange, whereby trading was restricted to the afternoon trading session only, have been lifted giving the stock a bounce, CafeFN is reporting. The stock was up 6.82 percent at the close of trade December 25. Key

Well overdue, Vietnam Airlines has finally released its audited annual report for 2022 recording a loss for the year of US$460 million, with airline intelligence firm CH-Aviation suggesting delisting is now ‘likely’.  Of note, the embattled airline is in negative equity and has reported three years of losses. Trading in

Allegations of corruption against a number of individuals involved in the registration of motor vehicles and their subsequent suspension from work pending trial, has led to a shortage of staff for new registrations, Saigon News is reporting. Of note, 958 registrars are being prosecuted and 800 others have quit their