Emirates seeks to expand presence in Vietnam

Emirates seeks to expand presence in Vietnam

Emirates, the flagship carrier of the UAE, has signed two separate memorandums of understanding (MoUs) with Vietnam Airlines and Vietjet as part of the airline's efforts to expand its footprint in Vietnam.

Companies - Wed, October 30, 2024 | 10:02 am

South Korean tourist welcomed as 9 millionth visitor to central Vietnam’s Khanh Hoa province

South Korean tourist welcomed as 9 millionth visitor to central Vietnam’s Khanh Hoa province

An Jin Yeong of South Korea, who arrived on a Vietnam Airlines flight from Incheon at Cam Ranh International Airport on Friday, was welcomed as the 9 millionth tourist to visit Khanh Hoa province this year.

Travel - Sun, October 6, 2024 | 4:39 pm

Foreign players net sell record $2.6 bln worth of Vietnam shares in 8 months

Foreign players net sell record $2.6 bln worth of Vietnam shares in 8 months

Foreign investors net sold a total of VND64,718 billion ($2.6 billion) worth of equities on Vietnam’s stock exchanges in the first eight months of this year, a new record.

Finance - Wed, September 4, 2024 | 4:07 pm

Vietjet to receive 10 new Airbus aircraft by year-end amid jet shortage in Vietnam

Vietjet to receive 10 new Airbus aircraft by year-end amid jet shortage in Vietnam

Low-cost carrier Vietjet is expected to take delivery of 10 new-generation Airbus aircraft by the end of this year amid a shortage of airplanes in Vietnam and worldwide.

Companies - Fri, August 9, 2024 | 9:42 am

From best to worst: Vietnam Airlines stock performance for PYN Elite fund

From best to worst: Vietnam Airlines stock performance for PYN Elite fund

National flag carrier Vietnam Airlines’s stock was the bottom mover for Finland-based fund PYN Elite in July, a turnaround from best performer a month earlier.

Finance - Thu, August 8, 2024 | 4:12 pm

Vietnam Airlines, Hong Kong airport to increase flights, launch new air routes

Vietnam Airlines, Hong Kong airport to increase flights, launch new air routes

National flag carrier Vietnam Airlines and Hong Kong International Airport (HKIA) will open new air routes and increase flights between Vietnam and Hong Kong, as the two sides signed a memorandum of understanding on Thursday.

Companies - Thu, August 1, 2024 | 5:19 pm

Government proposes $157 mln payment deferral for Vietnam Airlines

Government proposes $157 mln payment deferral for Vietnam Airlines

The Vietnamese government on Tuesday asked lawmakers to consider deferring a repayment of VND4 trillion ($157 million) in loans for state-controlled Vietnam Airlines to ease its financial difficulties.

Companies - Wed, June 26, 2024 | 10:37 am

Pacific Airlines returns to domestic skies

Pacific Airlines returns to domestic skies

Pacific Airlines will return to operations next Wednesday with an aircraft transferred by its parent company Vietnam Airlines.

Travel - Sat, June 22, 2024 | 11:48 am

Vietnam Airlines targets double pre-pandemic level pre-tax profit

Vietnam Airlines targets double pre-pandemic level pre-tax profit

National flag carrier Vietnam Airlines is targeting VND4.52 trillion ($177.67 million) in 2024 pre-tax profits, nearly double the VND2.53 trillion it achieved in pre-pandemic 2019.

Companies - Sat, June 22, 2024 | 8:13 am

Vietnamese airlines launch new routes to Philippines, Taiwan

Vietnamese airlines launch new routes to Philippines, Taiwan

Vietnam Airlines has inaugurated a route between Vietnam and the Philippines, making it the first Vietnamese carrier to establish a direct connection to the island nation.

Travel - Tue, June 18, 2024 | 1:33 pm

Liberalizing Vietnam's aviation market to boost economic and tourism growth: experts

Liberalizing Vietnam's aviation market to boost economic and tourism growth: experts

Vietnam's aviation sector would see a considerable boost if the sector adopted deregulation policies and implemented market liberalization, according to RMIT and industry experts.

Consulting - Wed, June 12, 2024 | 8:13 am

Vietnam ministry opposes higher foreign ownership of local airlines

Vietnam ministry opposes higher foreign ownership of local airlines

Vietnam’s Planning and Investment Ministry has opposed a proposal by Bamboo Airways to increase the foreign ownership limit in domestic airlines to 49% from the current 34%.

Economy - Tue, June 11, 2024 | 3:39 pm

Vietnam aviation stocks take off on surging Q1 profits

Vietnam aviation stocks take off on surging Q1 profits

Aviation tickers have been among the best performers on the Vietnamese stock market in the year to date after the industry posted year-on-year after-tax profit growth of 1,962.7% in Q1, according to FiinTrade, a stock trading platform designed by financial data provider FiinGroup.

Finance - Tue, June 11, 2024 | 1:57 pm

Airfares soar, but no rule violations: Vietnam aviation authority

Airfares soar, but no rule violations: Vietnam aviation authority

Increased airfares in the country remain within the price bracket and in accordance with regulations, the Civil Aviation Authority of Vietnam (CAAV) has concluded.

Travel - Sun, May 12, 2024 | 2:55 pm