Tags: acv

Hue airport expansion to cost ACV US$95 mln

Hue airport expansion to cost ACV US$95 mln

The Aviation Corporation of Vietnam (ACV) and local authorities in the central province of Thua Thien-Hue have agreed to invest US$95 million in the expansion and upgrade of Phu Bai Airport.

FOL hike aims to aid aviation investments

FOL hike aims to aid aviation investments

Despite the latest proposal on raising the foreign ownership limit in aviation business to 49 per cent, the stake sales of the most influential corporations in the sector still face challenges ahead with conditional requirements.

ACV plans to expand Tuy Hoa airport in Phu Yen province

ACV plans to expand Tuy Hoa airport in Phu Yen province

The Airports Corporation of Vietnam (ACV) is developing a plan to expand Tuy Hoa airport in the south central province of Phu Yen and build a new terminal with a capacity of 2.5 million passengers per year in the 2020-2025 period.

MoIT proposes airport runway upgrades

MoIT proposes airport runway upgrades

The Ministry of Transport has proposed a plan to upgrade runways at Noi Bai and Tan Son Nhat airports, the nation’s two largest and busiest airports, which would cost around VND4.2 trillion (US$184 million).

Contract signed to start feasibility study for Long Thanh airport

Contract signed to start feasibility study for Long Thanh airport

The Airports Corporation of Vietnam (ACV) on June 2 signed a contract with a joint venture comprising of firms from Japan, France and Vietnam (JFV) for consultancy services and the feasibility study for the first phase of Long Thanh International Airport project.

Three major airports need over US$5 billion for upgrading

Three major airports need over US$5 billion for upgrading

More than VND116 trillion (US$5.11 billion) is needed to build Long Thanh airport and upgrade Noi Bai and Tan Son Nhat airports for the 2018-2021 period, with a vision to 2025, according to the State-owned Airports Corporation of Vietnam (ACV) investment plan.

ACV targets over 5.6 trillion VND in 2018 profit

ACV targets over 5.6 trillion VND in 2018 profit

The Airports Corporation of Vietnam (ACV) said it is aiming at more than 5.6 trillion VND (246.4 million USD) worth of profit in 2018 at its Annual General Meeting of Shareholders held on May 4.

Aviation authority orders evaluation of security work at airports

Aviation authority orders evaluation of security work at airports

The Civil Aviation Authority of Vietnam (CAAV) has requested the Airports Corporation of Vietnam (ACV) conduct evaluation of security work at all airports nationwide following a recent incident when a man boarded a plane without a boarding pass at Vinh international airport.

Ten divestments in spotlight for 2018

Ten divestments in spotlight for 2018

After 2017’s significant state capital divestment deals, the Vietnamese market is expected to see some of the most anticipated sales in 2018.

Vietnam Airlines welcomes 94 millionth passenger

Vietnam Airlines welcomes 94 millionth passenger

VOV.VN - The Airports Corporation of Vietnam (ACV) on December 27 hosted a ceremony at Noi Bai International Airport to welcome the 94 millionth passenger and mark the 800,000th flight managed by Vietnam Air Traffic Management Corporation (VATM) in 2017.

ACV prepares for colossal divestment

ACV prepares for colossal divestment

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.

Transport Ministry to cut airport budget deficit

Transport Ministry to cut airport budget deficit

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.