The Ministry of Planning and Investment (MPI) has submitted to the Prime Minister plans for the establishment of Vinpearl Air, with investment capital of 4.7 trillion VND (202.6 million USD).
The VinAviation High-tech Human Resources Training School run by Vinpearl Air JSC under private conglomerate Vingroupon November 20 launched its first pilot training course for 180 trainees aged from 18-33.
The Ministry of Transport has given the go ahead for Vinpearl Air JSC under private conglomerate Vingroup to seek the Prime Minister’s approval for its investment plan.
Increasing numbers of airlines and aircraft are putting serious pressure on Vietnam’s aviation infrastructure. As competition for market share and skilled labour intensifies, the Government must take measures to ensure a fair playground and long-term development, said industry experts and authorities.
Tourism in Vietnam and other countries in the lower part of the Mekong River such as Myanmar, Cambodia, Laos and Thailand has been booming in recent years, which is expected to help Vietnam draw investment from diverse sources both at home and abroad.
Vinpearl Air of the private conglomerate Vingroup will begin domestic and international flights from July 2020 with a fleet of six aircraft, according to Director General of the Civil Aviation Authority of Vietnam (CAAV) Dinh Viet Thang.
The private conglomerate Vingroup will work with the CAE Oxford Aviation Academy to establish its VinAviation School and Vinpearl Air Training Centre in Vietnam, with enrollment expected to open this August.