No government in the world can have enough money to build all infrastructure items. Therefore, governments have to call for private investment and foreign direct investment FDI for port development. The only thing the governments need to do is to set up reasonable policies to ensure profits for investors and the smooth operation of the [...]
Local aviation transport will be knocked into shape if a Ministry of Transport draft decree gets the government’s thumbs-up. Late last month, the Ministry of Transport (MoT) submitted to the government a draft decree to supersede Decree 76/2007/ND-CP dated May 9, 2007 on aviation transport business and general aviation operations. The draft decree will directly [...]
National flag carrier, Vietnam Airlines will continue to sell 112,000 more tickets on the Hanoi, Danang and Ho Chi Minh City routes for the coming Tet holiday season before January 1, 2012. As a result, there will be more than 60,000 seats on flights departing before January 17 and over 50,000 tickets on flights after [...]
The first Kiev-HCM City direct air route was launched on December 23, announced the AeroSvit – Ukrainian Airlines. Flights to Ho Chi Minh City will be operated on Wednesdays and Saturdays, and back to Kiev on Mondays and Fridays, using Boeing 767s. The direct air route will cut travel time between the two cities to 10 [...]
The aviation sector of Vietnam is forecast to carry about 36 million passengers by 2015. The Korea Development Institute (KDI) on Thursday announced its final report under a project on development experience from the Republic of Korea . The KDI also forecast that the volume of goods transport by air will increase from 460,000 tonnes [...]
Local air carriers have announced new prices for their domestic services after the Ministry of Finance approved their proposal to increase prices earlier this month. National carrier Vietnam Airlines (VNA) said on Thursday that the new maximum airfare for its economy-class services had been increased by 20 per cent compared with the current rate. VNA [...]
The Director of the Vietnam Airlines office in Can Tho city said on December 15 that the national flag carrier will operate 11 direct flights from Can Tho to Taiwan , China and vice versa during the 2012 lunar new year. There will be six flights from Taipei , Kaohsiung and Taichung to Can Tho [...]
Middle Airports Corporation (MAC) on December 15 put the new passenger terminal of Danang International Airport into operation. An Airbus A321 aircraft numbered VN1305 carrying 110 passengers from Danang to HCM City was the first flight departing from the new terminal. The VND1.3 trillion terminal has three floors and one basement and a total area [...]
Air passengers are in for some pricey times. The Civil Aviation Administration of Vietnam (CAAV) has recently announced the Ministry of Finance’s (MoF) Decision 2967/BTC-QD regulating economy class airfare ceiling levels on domestic routes which was rubber stamped in early December. The revision brought a wide range of airfare prices up as well as a [...]
Vietnam will still not be able to float the airfares until the monopoly still exists in the market, the Civil Aviation Authority of Vietnam CAAV has affirmed. The principle has been affirmed by CAAV when it explains the mechanism on the management over the airfares applied for passenger carrying on domestic air routes which have [...]
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