Vietnam Airlines considers adding Embraer aircraft to fleet

Vietnam Airlines considers adding Embraer aircraft to fleet

National flag carrier Vietnam Airlines and its subsidiary Pacific Airlines are drafting a plan to overcome challenges related to the Covid-19 pandemic by checking the suitability of Embraer aircraft for their fleets.

Companies - Sat, March 23, 2024 | 11:27 am

Flag carrier Vietnam Airlines strives to reach break-even this year

Flag carrier Vietnam Airlines strives to reach break-even this year

Loss-making national flag carrier Vietnam is aiming to offset its operating costs and approach the break-even mark this year with government support, said its chairman Dang Ngoc Hoa.

Companies - Fri, March 15, 2024 | 4:44 pm

Major Vietnamese firms call for stable exchange rate

Major Vietnamese firms call for stable exchange rate

Major Vietnamese companies, including energy giant Petrovietnam, real estate developer Sun Group and national carrier Vietnam Airline, have asked the central bank to keep the VND/USD rate stable amidst global financial turbulence.

Banking - Fri, March 15, 2024 | 4:03 pm

Vietnam budget airline Vietjet launches Melbourne-Hanoi direct air link

Vietnam budget airline Vietjet launches Melbourne-Hanoi direct air link

Private carrier Vietjet announced the launch of direct flights between Melbourne and Hanoi at the Vietnam-Australia Business Forum 2024 held Tuesday in Melbourne.

Travel - Tue, March 5, 2024 | 4:07 pm

PM orders plan to assist Vietnam Airlines' survival

PM orders plan to assist Vietnam Airlines' survival

Prime Minister Pham Minh Chinh has asked the Commission for the Management of State Capital at Enterprises (CMSC) to submit a plan this month for resolving problems facing Vietnam Airlines.

Companies - Fri, February 16, 2024 | 9:33 pm

National carrier Vietnam Airlines’ loss-making streak extended to 4th year

National carrier Vietnam Airlines’ loss-making streak extended to 4th year

National flag carrier Vietnam Airlines posted a consolidated net loss of VND5.81 trillion ($237.8 million) in 2023, marking its fourth consecutive year of unprofitability.

Companies - Fri, February 2, 2024 | 1:07 pm

Vietnam gov’t urges six agencies to help Bamboo Airways stay afloat

Vietnam gov’t urges six agencies to help Bamboo Airways stay afloat

Deputy Prime Minister Le Minh Khai has asked six government agencies to support Bamboo Airways to overcome its hardships and successfully restructure its operations.

Companies - Mon, December 25, 2023 | 7:31 pm

Vietnam Airlines strives to balance cash flow in 2024: chairman

Vietnam Airlines strives to balance cash flow in 2024: chairman

National flag carrier Vietnam Airlines will focus on implementing its restructuring scheme with a view to balancing revenues and expenditures from 2024, said its chairman Dang Ngoc Hoa.

Companies - Mon, December 18, 2023 | 11:41 am

Vietnamese carriers open new routes as year-end tourism heats up

Vietnamese carriers open new routes as year-end tourism heats up

Vietnam’s largest carriers - Vietnam Airlines and Vietjet Air – have launched new routes to international tourist hubs to cash in on growing demand during the year-end travel season.

Travel - Tue, December 12, 2023 | 2:48 pm

Aeroflot approved to launch Vietnam-Russia direct flights

Aeroflot approved to launch Vietnam-Russia direct flights

The Civil Aviation Authority of Vietnam (CAAV) has permitted Aeroflot, the flag carrier and biggest airline in Russia, to conduct Vietnam-Russia direct flights.

Travel - Mon, December 11, 2023 | 3:52 pm

PM Chinh invites Turkish conglomerate Hayat to expand Vietnam presence

PM Chinh invites Turkish conglomerate Hayat to expand Vietnam presence

Vietnamese Prime Minister Pham Minh Chinh has suggested that Turkish conglomerate Hayat Holding expand its Vietnam presence with continued investment and cooperation with local partners.

Industries - Thu, November 30, 2023 | 8:47 pm

Foreign ownership limit in Vietnam budget carrier Vietjet goes up to 30%

Foreign ownership limit in Vietnam budget carrier Vietjet goes up to 30%

Vietnam’s State Securities Commission has allowed Vietjet Air to lift its foreign ownership limit (FOL) to 30%, the budget airline announced Wednesday.

Companies - Fri, November 17, 2023 | 3:08 pm

Struggling Bamboo Airways suspends routes to Asian, European destinations

Struggling Bamboo Airways suspends routes to Asian, European destinations

Vietnam's privately-run carrier Bamboo Airways has started halting a series of international routes to South Korea, Japan, Thailand, Australia and Germany from October 29 in its latest effort to stay afloat.

Travel - Sun, October 29, 2023 | 10:09 am

Bamboo Airways has third CEO in 5 months

Bamboo Airways has third CEO in 5 months

Bamboo Airways has appointed aviation veteran Luong Hoai Nam as its new CEO, the third in five months and the fourth in more than a year, as the carrier is undergoing tough reshuffles following a change in owners.

Companies - Mon, October 23, 2023 | 4:25 pm