Planes of several carriers at Tan Son Nhat International Airport in HCM City.(Photo vietnambiz.vn)
Hanoi (VNA) – Vietnam’s newestcarrier Vietravel Airlines has delayed its plan to launch first flights due to the COVID-19 pandemic.
The airline was given principle approval from Prime Minister Nguyen Xuan Phuc to start operationsin October, but the plans have been put on hold.
Founded by one of the country’s largest tour operators Vietravel, theairline is scheduled to start commercial operations in the third quarter ofthis year with a fleet of three airplanes, which could be raised to eight by2025.
The airline plans to provide charter flights for its own tourists andgeneral passengers, targeting the one million tourists Vietravel servesannually. It will be headquartered in central Thua Thien-Hue province’s Phu Bai InternationalAirport.
Up to now, the company had yet to set up a specific date for the airline totake off, a company representative said.
Currently, Vietnam has five operational airlines. They are national flagcarrier Vietnam Airlines, budget carrier Jetstar Pacific Airlines (with amajority owned by Vietnam Airlines), Vietjet Air, Vietnam Air Services (VASCO) and Bamboo Airways. Two others - Kite Airand Vietstar Air are waiting for operational authorisation.
Vietnamese airlines are among many others around the world suffering heavylosses caused by COVID-19. According to the estimations of Vietnameseairlines, the transport ministry said that the initial damage due to stoppingflights is about 30 trillion VND (1.3 billion USD).
The Civil Aviation Administration of Vietnam has recently issued twoscenarios. The first one is that if the disease is controlled before April, thetotal number of passengers reaches 67 million, down 15 percent compared to2019.
The second one, in case the market worsens, and the pandemic is controlledin the second quarter, the total market reaches 61.2 million passengers, down22.6 percent year-on-year./.
The Ministry of Transport has asked airlines to stop carrying passengers to Vietnam as from 00:00 of April 1 until the end of April 15 as part of measures to curb the COVID-19 pandemic.
The Ministry of Transport has asked aviation, land, railway, maritime, waterway administrations and provincial-level transport departments nationwide to implement restrictions on passenger transport around the country for a 15-day period starting from 0:00 hour on April 1.
National flag carrier Vietnam Airlines said on April 4 that it has carried 100,000 face masks, protective clothing, testing systems and COVID-19 test kits as gifts from the Vietnamese Government and people to their Lao and Cambodian counterparts.
National flag carrier Vietnam Airlines announced on April 5 that it will adjust the frequency of its flights from Hanoi/Ho Chi Minh City to Da Nang after the central city requires a 14-day quarantine period for passengers from the two major cities amid the COVID-19 pandemic.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.