The Civil Aviation Authority of Vietnam has reached out to consumers who believe they have been overcharged for airfares, VN Economy is reporting. Airfares are regulated in Vietnam with price caps over which ticket prices cannot go. It’s not clear if there has been a breach of these regulations but high-airfares are currently being covered extensively in local media.
Of note, Vietnam’s domestic airline industry has taken a series of hits over the last five years that have seen two airlines on the cusp of disappearing altogether, and the national carrier at risk of being delisted from the Ho Chi Minh City Stock Exchange. Price caps on ticket prices have been raised as one key issue facing local airlines.
For more information see: Vietnam’s Airline Industry Turbulence: Unpacked