Temporary exit ban lifted for Bamboo Airways CEO

Temporary exit ban lifted for Bamboo Airways CEO

The temporary exit ban for Bamboo Airways CEO Luong Hoai Nam has been removed, Binh Dinh province's tax authorities say in a document sent to the Ministry of Public Security's immigration management department.

Companies - Thu, October 17, 2024 | 9:00 am

Temporary exit ban might be lifted for Bamboo Airways CEO

Temporary exit ban might be lifted for Bamboo Airways CEO

Luong Hoai Nam, CEO and legal representative of Bamboo Airways, could have his temporary exit ban lifted by authorities if the private carrier succeeds in obtaining bank guarantee for its tax debts.

Companies - Wed, October 16, 2024 | 11:09 am

Bamboo Airways resumes Vietnam-Thailand service after 1-year hiatus

Bamboo Airways resumes Vietnam-Thailand service after 1-year hiatus

Ho Chi Minh City-based Bamboo Airways has announced it will resume flights between HCMC and Thailand’s Bangkok next month after a one-year suspension.

Travel - Tue, October 15, 2024 | 9:32 am

Bamboo Airways CEO faces temporary exit ban as carrier fails to fulfil tax obligations

Bamboo Airways CEO faces temporary exit ban as carrier fails to fulfil tax obligations

Luong Hoai Nam, CEO and legal representative of Bamboo Airways, has been temporarily banned from exiting the country as the private carrier failed to fulfil tax obligations, according to Binh Dinh province's Tax Department.

Companies - Wed, September 18, 2024 | 3:36 pm

Vietravel Airlines names second CEO in 1 year

Vietravel Airlines names second CEO in 1 year

Dao Duc Vu, former deputy general director of Bamboo Airways, has been appointed CEO of Vietravel Airlines, starting from early September.

Companies - Tue, September 17, 2024 | 3:58 pm

Vietnam’s Bamboo Airways, Israel Aerospace Industries sign $36 mln aircraft engines deal

Vietnam’s Bamboo Airways, Israel Aerospace Industries sign $36 mln aircraft engines deal

Vietnam’s Bamboo Airways and Israel Aerospace Industries have signed a $36-million contract for aircraft engine maintenance and lease, the Vietnamese airline announced Wednesday.

Companies - Thu, July 11, 2024 | 11:45 am

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

Bamboo Airways ex-CEO wanted following Sacombank accusations

Bamboo Airways ex-CEO wanted following Sacombank accusations

Former CEO of Bamboo Airways Dang Tat Thang is wanted for questioning by the Ministry of Public Security's investigative agency to verify accusations made by Sacombank about his wrongdoings.

Society - Thu, May 23, 2024 | 10:29 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

Vietnam transport minister orders probe into domestic airfare surge

Vietnam transport minister orders probe into domestic airfare surge

Transport Minister Nguyen Van Thang has asked the Civil Aviation Authority of Vietnam (CAAV) to investigate recent surges in domestic airfare as concerns mount over their impact on travel demand.

Travel - Sat, May 4, 2024 | 9:47 pm

Ministry of Public Security rejects rumors on Sacombank chairman’s exit ban

Ministry of Public Security rejects rumors on Sacombank chairman’s exit ban

Vietnam’s Ministry of Public Security has rejected rumors that chairman of Ho Chi Minh City-based Sacombank Duong Cong Minh has been banned from leaving the country which led to the dumping of the bank’s shares on Tuesday.

Companies - Tue, April 2, 2024 | 6:17 pm

Sacombank refutes Bamboo Airways ex-CEO’s claim on chairman’s involvement in Van Thinh Phat scandal

Sacombank refutes Bamboo Airways ex-CEO’s claim on chairman’s involvement in Van Thinh Phat scandal

Sacombank, a mid-sized lender in Vietnam, has rejected claims by former CEO of Bamboo Airways alleging that its chairman has been involved in the notorious Van Thinh Phat scandal and banned from leaving the country.

Banking - Tue, April 2, 2024 | 12:29 pm

Bamboo Airways continues trimming domestic flight network, fleet

Bamboo Airways continues trimming domestic flight network, fleet

Bamboo Airways has announced partial or full suspension of air connections to more domestic destinations from April as the Vietnamese private carrier undergoes its largest reshuffle since its first commercial flight in January 2019.

Travel - Fri, February 23, 2024 | 10:39 pm