The Vietnam Air Services Company (VASCO) will officially be authorised by the Vietnam Airlines Corporation to operate flights between Hanoi and Dong Hoi city in central Quang Binh province from March 26.
With a small transport market share, the railway sector does not have money to upgrade infrastructure, locomotives and wagons. With poor infrastructure and facilities, it cannot attract many passengers.
The numbers of delayed and cancelled flights of domestic carriers were 36,844 and 1,605, accounting for 16.1% and 0.7% of the total flights, up 0.6 point and 0.2 point, respectively from the same period last year, according to the Civil Aviation Adminstration of Vietnam (CAAV).
An ATR 72 of VASCO, a fully-owned subsidiary of Vietnam Airlines, was damaged after it was hit by with a cargo truck at Ho Chi Minh City’s Tan Son Nhat Airport on August 25.
Airport Corporation of Vietnam has just requested permission from the Ministry of Transport to raise service fees at domestic airports.
The Vietnamese government is reportedly considering removing the maximum limit on air ticket prices for domestic flights.
A new joint-venture between national carrier Vietnam Airlines and partly-private lender Techcombank is expected to acquire a license in the second quarter to provide passenger and goods transport services.
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) will pick up a 49 percent stake in VASCO after committing to inject VND147 billion into the restructured carrier.
Vietnam’s national airline and a local bank have decided to establish a new carrier based on a current aviation firm.
Vietravel Company has been granted a one-year monopoly on handling air routes connecting Can Tho City to Da Lat and Nha Trang City.
Deputy Prime Minister Hoang Trung Hai requested Vietnam's aviation industry to create breakthroughs in building and upgrading airports in a bid to name it in the top four in ASEAN.
(VOV) - On 1 December, the US Federal Aviation Administration in collaboration with the US Embassy in Vietnam officially presented the Certificate of FAA Certified Repair Station (FAR Part 145) to Aerospace Engineering Services Joint Stock Company (AESC).
(VOV) - The first flight from the Mekong Delta city of Can Tho and the Central Highlands city of Da Lat, Lam Dong province was conducted on May 7, helping to reduce the travel time between the two localities from 12 hours to one hour.
(VOV) - Deputy Prime Minister Hoang Trung Hai has authorised the Ministry of Transport (MoT) to grant a business licence to the Globaltrans Air JSC in order to operate as a general aviation service provider.