Business

Air Mekong announces 2015 relaunch

Private airline Air Mekong, which suspended flights a year ago, has announced it will resume flights starting in early 2015, the Vietnam Investment Review reported on May 19.
East Sea tensions may impact civil aviation Business

East Sea tensions may impact civil aviation

China’s illegal placement of a drilling rig in Vietnam’s exclusive economic zone in the East Sea is an “extremely serious action and will definitely impact the aviation market between Vietnam and China,” a senior airline official has warned.
ASEAN unifies aviation regulations World

ASEAN unifies aviation regulations

ASEAN aviation officials gathered in Yangon, Myanmar on May 7 to make aviation regulations and laws uniformity in the region as part of efforts to create an ASEAN single aviation market.
ASEAN

Singapore hosts EU-ASEAN Aviation Summit

The European Commission (EC) and the Association of Southeast Asian Nations (ASEAN) are sponsoring an EU-ASEAN Aviation Summit in Singapore on Feb. 11 and 12, reports the organising board.
Domestic aviation recovery fuels competition Business

Domestic aviation recovery fuels competition

The domestic aviation market has significantly recovered, and growth in passenger transport is up 21 percent.

It has opened up serious competition between national carrier Vietnam Airlines, and low-fare airlines such as Vietjet Air.

Despite the strong competition and limited infrastructure for airports, Vietnam Airlines has reached its profit targets for 2013.
All Vietnam's airlines fly high in 2013 Business

All Vietnam's airlines fly high in 2013

This year is the first time that not only national flag carrier Vietnam Airlines but all other domestically held carriers have reported profits, Minister of Transport, Dinh La Thang was quoted by Vietnam Net online newspaper as saying.
Business

Banks look to purchase finance companies

A recent trend in the banking and finance industry is that commercial banks are looking to buy finance companies in an attempt to have "special tools" to facilitate their business activities.
Business

Flag carrier announces IPO plan

National flag carrier Vietnam Airlines plans to launch its long-delayed initial public offering by the end of the second quarter of 2014.
Business

Vietnam Airlines CEO receives French honour order

France has conferred the Knight insignia of Legion of Honour Order on the Chief Executive Officer of the national flag carrier Vietnam Airlines Pham Ngoc Minh for his contributions to bilateral linkages.
World

Asia-Pacific proposes regional aviation association

Asia-Pacific members of the International Civil Aviation Organization (ICAO) have proposed the establishment of a regional grouping during their two-day conference held in the Indonesian city of Yogyakarta last week.