Aviation industry to suffer $649 mln loss
Vietnamese carriers could suffer a loss of more than VND15 trillion ($649 million) this year with the suspension of commercial international flights still in effect.
Vietnam Airlines becomes an airport investor
More than 50 airlines are known to have, at one time or another, declared an interest in operating airports or occasionally just investing in them. Of them, 21 are in Asia, and some are actually doing it; for example Japan Airlines,…
Vietnam to offer $173 mln interest-free loan to help troubled flag carrier
Vietnam’s central bank said on Wednesday it is planning to provide an interest-free loan of up to 4 trillion dong ($173.54 million) to Vietnam Airlines to help the flag carrier weather the wide impact of the coronavirus pandemic.
Vietnamese airlines look for over $1bn in government support
A Vietnamese airline industry group is asking the Vietnamese Government for a US$1.17 billion bailout package. The Vietnam Aviation Business Association (VABA) has written to Vietnam’s National Assembly Chair and the Prime Minister asking for a suite of measures to…
Vietravel loses $3.9 mln in pandemic-hit 2020
Leading tourism company Vietravel reported a loss of VND90 billion ($3.9 million) in 2020 as the Covid-19 pandemic slashed travel demand.
Vietravel Airlines opens seat sales
Start-up airline Vietravel Airlines opens sales, 25 January, with deep discounts up from grabs until 27 March according to an announcement on its website
Government to invest $345 million to bail out Vietnam Airlines
The State Capital Investment Corporation said it is in discussions with Vietnam Airlines to invest VND8 trillion ($345.49 million) in the carrier through a rights issue.
Russia to reopen air travel with Vietnam
Russia is looking to restart commercial flights later this month with Vietnam, India, Finland and Qatar after certain epidemiological criteria are met.
Vietnam stops licensing flights from UK, Africa over coronavirus variants
The Civil Aviation Authority of Vietnam (CAAV) has ceased issuing licenses for all flights arriving from the United Kingdom and Africa to prevent the spread of new coronavirus variants.
Vietnam halts flights from countries infected by COVID-19 variants
To fend off recently discovered variants of COVID-19, Vietnam has suspended inbound flights from countries with the viral mutations.
Vietnam Airlines to issue US$346m worth of shares to raise capital
Flag carrier Vietnam Airlines said on Tuesday it would issue nearly $346 worth of shares for existing stakeholders to boost its recovery from the impacts of the coronavirus pandemic and return to profitability by 2023.
Vietravel Airlines to launch commercial flights in January
The latest addition to Vietnam’s aviation industry is expected to debut its first regular air routes in mid-January, connecting central Thua Thien – Hue Province with Hanoi and Ho Chi Minh City.
Why does Vietnam have so many start up airlines?
Vietnam has seen a flurry of start-up airlines emerge over the past few years. Several new carriers were set to provide more market competition before the COVID pandemic put everyone’s plans on hold. By why exactly is Vietnam home to…
Vietnam, Laos resume flights
Vietnam and Laos have restarted commercial flights between the two countries, following months of suspension due to the Covid-19 pandemic.
Vietnam PM Phuc orders halt to intl commercial flights
Vietnam’s Prime Minister Nguyen Xuan Phuc ordered the aviation authority to halt international commercial flights after the nation reported its first local coronavirus cases in almost three months, according to a posting on the government’s website.
Vietnamese airlines urge government to provide further support to overcome pandemic
Airlines in Vietnam have asked the central government to continue providing favorable policies and assistance to help them maintain their business operations during the current difficult time.
Vietnam Airlines to get bailout funds after pandemic impacts
The National Assembly has approved several measures to help national flag carrier Vietnam Airlines overcome the financial impacts of Covid-19.
Vietnam lawmakers approve capital injection plan for national airline
Vietnam’s National Assembly approved on Tuesday a plan to boost the capital of state carrier Vietnam Airlines after it was hit by the coronavirus pandemic.
First Da Nang-Con Dao flight to take off next week
Budget carrier Bamboo Airways will launch next Monday the first ever air route between Da Nang City and Con Dao Island.
Vietravel Airlines cleared to take off in December
Leading tour company Vietravel has received the license for its airline and will operate its first flight in December.
Vietnam Airlines reports heavy losses, denies rumors of bankruptcy
Despite incurring heavy losses of VND10.75 trillion (US$463.3 million) in the January-September period, Vietnam Airlines has refuted rumors that it has filed for bankruptcy due to Covid-19.
Fracas at Tan Son Nhat airport as South Korea returnees protest high quarantine fees
Over 100 Vietnamese passengers arriving in Saigon Wednesday noon on a flight from Seoul refused to be quarantined at hotels, protesting unaffordable charges.
Vietnam resumes flights to Japan
A Hanoi-Tokyo flight carrying nearly 60 passengers took off from Noi Bai International Airport on Saturday, making it the first international commercial flight after a six-month suspension due to the Covid-19 pandemic.
Vietnam to resume international flights
Vietnam will resume international commercial flights to several Asian destinations starting Friday, after a monthslong shutdown to curb the coronavirus outbreak
Vietnamese carriers prepare to resume int’l flights
Vietnamese carriers have announced plans to restore commercial flights internationally after several months of suspension due to Covid-19 travel restrictions.
Aviation agency unveils detailed plans for flight resumption to 6 Asian destinations
Vietnamese aviation authorities have prepared detailed plans for resuming commercial flights to some Northeast and Southeast Asian destinations this month.