A valuer has determined that the Boeing-727 abandoned for 12 years at the Noi Bai airport is worth VND1.7 billion ($73,000).
The Government has proposed naming the State-owned Airports Corporation of Vietnam (ACV) as the main investor for the first phase of Long Thanh International Airport in the southern province of Dong Nai.
The companies that provide on-ground services at airports are making big profits and do not want air carriers to take them over.
The Ministry of Transport (MoT) has proposed the Government buy back foreign-owned shares in the Airport Corporation of Vietnam (ACV) to ensure airports are operated properly.
When operational, the Long Thanh International Airport will receive planes flying 1,000 kilometers and more.
The Airports Corporation of Vietnam (ACV) has targeted earning 19.1 trillion VND (820 million USD) in revenue and 8.2 trillion VND (355 million USD) in pre-tax profit in 2019, representing year-on-year increases of 7 percent and 9 percent.
Vietnam’s aviation sector has witnessed double-digit growth in passenger transport in the past decade, and the market is forecast to build up momentum in 2019, according to the Airports Corporation of Vietnam (ACV).
Da Nang will build a new terminal, T3, at its international airport with total investment of 9 trillion VND (391 million USD), increasing the airport’s capacity to 28 million passengers and 200,000 tonnes of cargo by 2030.
Private investors are financially capable and willing to make investments in aviation infrastructure, but still cannot get the go-ahead from the government.
The Ministry of Transport (MoT) has proposed the Government allow the Airport Corporation of Vietnam (ACV) to invest in building a third passenger terminal at Tan Son Nhat International Airport in Ho Chi Minh City.
Vietjet’s proposal to expand Dien Bien Airport in the northern mountainous province of Dien Bien has received support from the Ministry of Transport (MoT).
The Airports Corporation of Vietnam (ACV) desires to be the main investor in the Long Thanh International Airport.
Vietnam expects to receive more than 112 million passengers through airports in the country in 2019, or 8 million people higher than the previous year, the Airports Corporation of Vietnam (ACV) has said.
Vietnamese airports have been forecast to receive 112 million passengers 2019, up 8.2% on-year.
A significant wave of private investment is flying into aviation infrastructure on the back of improvements in long-term development planning for the sector in Vietnam.
The Airport Corporation of Vietnam (ACV) hit a milestone last weekend as it welcomed the 100 millionth passenger arriving at its network of airport across the country this year.
The Airports Corporation of Vietnam (ACV) has submitted a proposal on the expansion of Vinh International Airport in the central province of Nghe An to the Ministry of Transport.
A third drop in global crude prices, plus an increasing number of air passengers, is expected to boost the performance of the two biggest airlines Vietnam Airlines and Vietjet.
The Airports Corporation of Vietnam (ACV) earned trillions of VND in revenue in the initial three quarters of this year.
VOV.VN - The Vietnamese government is hurrying to finish the ambitious Long Thanh international airport by 2025. Once operational, Long Thanh is expected to become one of the most state-of-the-art airports in Southeast Asia.