transport & Infrastructure

Vietnam’s airline industry is urging the government to remove price caps on airfares with many local airlines still struggling to recover from accumulated losses during the pandemic, The Star is reporting. “Domestic airlines have seen recoveries in revenues, but the sharp increase of input costs undermines their profits, which makes

Vietnam Airlines has announced it will fly direct to Perth, Australia, from Ho Chi Minh City three times a week, VN Express is reporting. The airline intends to extend the flight frequency to five flights a week by 2024. In September 2021, Vietnam’s Bamboo Airways began operating direct flights from

Embattled Vietnam airline, Bamboo Airways, has cut domestic tourist hot-spots Dalat and Phu Quoc from its flight schedule in a bid to try and keep itself afloat, The Investor is reporting. These cuts are on the back of a series of international route cuts last month. See also:  Vietnam’s Bamboo

Vietjet announced today that it would lift its foreign ownership cap to 30 percent, The Investor is reporting. Vietjet has been expanding aggressively in the last year or so and this move may be a means to attract more capital to expand even further. That said, by law a maximum

Vietnam Airlines has pushed back its annual shareholders meeting from November 22 to December 16, the fourth time it has rescheduled the event this year, Vietnam News is reporting. The airline recorded an a accumulated loss of US$1.35 billion last year, according to its unaudited financial statements. Why it matters:

Just two public-private partnership (PPP) agreements have been signed in the last three years because of a lack of guiding documentation from relevant ministries, according to Vietnam Net. The publication says a new decree will soon be forthcoming to try and clear up some of the issues ministries are facing

Minister of Transport, Thang Van Nguyen, told the National Assembly yesterday that the Long Thanh airport, in Dong Nai, has been delayed because of personnel changes at the provincial People’s Committee, The Investor is reporting. There are no details as to how personnel changes have impacted the airport’s progress. Nguyen

Minister of Transport Thang Van Nguyen told Vietnam’s parliament on Monday that investors were not interest in taking part in public private partnerships (PPPs) because the returns are low, and the came with high financial risks, The Investor is reporting. He also notes that: The 50 percent the state puts

In a frank assessment of Bamboo Airways, Ben Schlappig, the founder of the One Mile At A Time travel blog, dubbs the airline a “bizarre mess” after it ditched its long-haul flight roster. He goes on to say its growth plans ‘made no sense’ to begin with and raises concerns

The Vietnamese PM, in Saudi Arabia for the ASEAN-Gulf Cooperation Council Summit, has requested the wealthy middle east country lend Vietnam funds to build new infrastructure projects including railways and urban infrastructure, VN Express is reporting. Why it matters: This is inline with Vietnam earlier this week requesting funds from

The World Bank has agreed in principal to a request for between US$5-7 billion requested to build infrastructure projects including railways, roads, and urban infrastructure, but with caveats, Doang Nhan Viet is reporting. Specifically, the WB wants more details including specific details of the projects and deadlines for the projects

A total of 23,993 new cars were sold in Vietnam in September, a 17 percent drop over the 28,757 new cars sold in September of last year, according to the Vietnam Automotive Manufacturers Association (VAMA), and reported by Just-Auto. This brings total new car sales for the year to the