The state will divest about 20 per cent of its stake – more than 435 million shares – in Vietnam’s largest state-owned airport operator in the third quarter of next year.
The Ministry of Transport (MoT) has proposed to the Prime Minister four different plans to operate airfields in the future, aiming to narrow a yawning gap between the Airports Corporation of Vietnam (ACV)’s revenue and expenditures.
Unless Hanoi's authorities restructure Noi Bai International Airport soon, it will face serious overloading over the next few years, Minister of Transport Truong Quang Nghia warned at a recent meeting.
Aiming to meet the increasing demand for air transportation, Airports Corporation of Vietnam (ACV) decided to mobilise capital to upgrade key existing airports with total investment capital of more than VND45 trillion ($1.98 billion).
Prime Minister Nguyen Xuan Phuc has urged the aviation industry to tighten security and safety as they are important issues currently.
The Airport Corporation of Vietnam (ACV) on July 17 said it will invest nearly VND12 trillion (US$528.03 million) to raise the capacity of the three international airports of Cat Bi, Phu Bai and Chu Lai by 2025.
Vietnam’s mergers-and-acquisitions market has the potential to draw more Asian investors to a growing pool, as they search for opportunities away from slowing domestic markets. However, there need to be more high-quality share offerings if Vietnam wants to spur them into action.
The Ministry of Transport (MoT) will seek the government's permission to continue selling the stakes of state-owned Airports Corporation of Vietnam—the country’s largest airport operator— to strategic investors.
VOV.VN - The Australian Department of Industry, Innovation and Science’s Anti-Dumping Commission (ADC) has issued its final decision to stop investigations and not to impose countervailing duty on aluminum extrusions imported from Vietnam.
The Airports Corporation of Vietnam (ACV) plans a 25 percent year-on-year increase in revenue to US$583.6 million this year.
Draft plans to manage and operate the aviation security force at airports in Vietnam have been submitted by the Airports Corporation of Vietnam (ACV) to the Ministry of Transport for consideration.
The Civil Aviation Authority of Vietnam has sent a proposal to the Ministry of Transport to raise several aviation service charges in order to reduce peak-hour overloads and raise money for infrastructure development.
The Airports Corporation of Vietnam (ACV) and France’s airport authority Aéroports de Paris (ADP) are still in negotiations on the sale of ACV shares.
Of the three passenger terminal design plans submitted to the Prime Minister, Airport Corporation of Viet Nam (ACV) showed its preference for Plan LT-07, the architectural plan for Long Thanh International Airport inspired by the coconut leaf image.
VOV.VN - Prime Minister Nguyen Xuan Phuc has hailed the French airport group’s investment and business cooperation in Vietnam as a great contribution to strengthening strategic partnership between Vietnam and France.
Airport Corporation of Vietnam, the sole airport company which manages the 22 airports across the country, has recently been found committing several violations.
The Airports Corporation of Vietnam (ACV) plans to sign a strategic partnership agreement with French airport authority Aéroports de Paris (ADP) in March this year.
The national flag carrier, Vietnam Airlines (VNA) and the Airports Corporation of Vietnam (ACV) found their strategic shareholders, announced the Ministry of Transport at a meeting held in Hanoi on January 10.
Potential designs to be used in Vietnam’s new international airport near Ho Chi Minh City are on display in Hanoi for public feedback, with similar displays scheduled soon for Danang, Dong Nai, and Ho Chi Minh City.
The Airports Corporation of Vietnam (ACV) held an exhibition in Hanoi on November 28 to collect public feedback on terminal designs for Long Thanh International Airport.