Deputy Minister of Transport Le Anh Tuan has signed a decision granting an air transport licence to the Vietnam Travel Aviation Co. Ltd (Vietravel Airlines).

Despite expectations to the contrary, Vietnam’s existing rules easing access to conditional business lines in civil aviation have been unable to improve the sector’s investment picture, with financiers calling for relaxation of foreign ownership limits.

Vietnam saw a significant decrease in the number of aviation accidents in January-August amid limited air travel due to COVID-19, but some serious cases underlined that safety remains a concern.

Vietjet Aviation Joint Stock Company (HoSE: VJC) recorded lower-than-expected loss of VND1.44 trillion (about US$62 million) for its air transport activities in the first half of 2020.

The second wave of COVID-19 that began at the end of July, the peak summer travel period, has disillusioned airlines that had earlier begin to hope for a recovery.

The Planning and Investment Ministry has suggested that the PM delays his approval to new carrier KiteAir’s investment proposal over COVID-19 impacts.

It is undeniable that the aviation industry has contributed greatly to the development of the global economy, accounting for roughly 3.6% of total global GDP.

Permanent Deputy Prime Minister Truong Hoa Binh has called for all stakeholders to make a greater effort in addressing incidents that threaten aviation security and safety.

VOV.VN - All 11 Pakistani pilots currently working in Vietnam have used genuine licenses issued by the Pakistan Civil Aviation Authority, the Civil Aviation Authority of Vietnam (CAAV) has learned.

From now to the end of August 2020, the aviation sector will continue working with diplomatic and military agencies to conduct 50 more flights to bring over 13,000 Vietnamese citizens home, according to head of the Civil Aviation Authority of Vietnam.