Hanoi (VNA) – Vietnamese airlines will suffer from pressure with their plans to launch non-stop flights to the US as they may face critical financial losses in the first years of operation. Vietnam Airlines and Bamboo Airways have outlined plans and roadmaps to operate direct flights to the US. (Photo: VietnamPlus) Flying directly to the US – A dream comes true “Nearly 700 passengers have not been serviced on the Vietnam-US route, equal to two aircraft”, he said.Fierce competition Actually, fierce competition made US aviation giants – Delta Airlines and United Airlines to give up their plans to open direct US-Vietnam flights, according to President of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc. Vice President of the Vietnam Association of Aviation Science and Technology Do Nguyen Khoat described competition with experienced airlines in the world as a headache problem. VNA … [Read more...] about Airlines face challenges in opening direct flights to US
Vietnamplus
Foreign investors permitted to hold 34 percent stake at Vietnamese airlines
Illustrative image (Photo: VNA) - The limit for foreign investors’ ownership in Vietnamese air transport businesses will be increased to 34 percent from the current level of 30 percent, according to the Prime Minister’s decree signed last week. Decree 89/2019/ND–CP, revised from Decree 92/2016/ND–CP issued in 2016, includes regulations relating to conditional business lines in the fields of air transport and general aviation activities.Ministry of Transport, which drafted the decree, the foreign investors' new ownership cap does not only ensure the attraction of foreign investment capital into enterprises but also the interests of domestic investors. With the goal of reducing and simplifying business conditions and creating favourable conditions for investors to access the aviation market, the new decree regulates that an air transport business operating 10 aircraft or fewer will need to have a minimum capital, including ownership capital and loan, of 300 … [Read more...] about Foreign investors permitted to hold 34 percent stake at Vietnamese airlines
Bamboo Airways eyes to be first Vietnamese carrier to fly directly to US
The“Vietnam – US Direct Route: Ready for Taking Off” seminar. (Photo: VNA) Hanoi (VNA) – Bamboo Airways makes no secret of its ambition to become the first airline in Vietnam to operate direct flights to the United States, the airline’s Deputy Director General Truong Phuong Thanh said at a seminar on August 1. “We have been very interested in launching Vietnam – US direct services from day one,” Thanh told the “Vietnam – US Direct Route: Ready for Taking Off” seminar held by FLC Group – the airline’s parent company – and the Vietnam Association on Aviation Science and Technology (VAAST) in Hanoi. “Bamboo Airways will be the first in Vietnam to open Vietnam – US direct route,” he said, adding that he has full confidence that the new budget carrier can achieve this goal. Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc highly spoke of the airline’s … [Read more...] about Bamboo Airways eyes to be first Vietnamese carrier to fly directly to US
Two over-22 players selected for SEA Games 30
Nguyen Trong Hoang (L) and Do Hung Dung (Photo: VNA) Hanoi (VNA) - Midfielders Nguyen Trong Hoang and Do Hung Dung have been chosen as the two over-22 players for Vietnam’s national U22 team to compete in the upcoming 30th SEA Games in the Philippines. Coach Park Hang-seo on November 18 selected a roster of 23 who will fly to Ho Chi Minh City tonight for their last practice as the city has similar weather to the Philippines. Previously, Park said he would choose players to strengthen Vietnam's weakest positions, with versatility and physical strength. Each U22 team in the tournament is allowed to have two overage players. The final list of 21 will be announced on November 22 before the team leaves for the Philippines. Matches of SEA Games 30 will begin on November 26. Vietnam are seeking their first SEA Games' title in history./. VNA … [Read more...] about Two over-22 players selected for SEA Games 30
Asia-Pacific ICT Alliance Awards 2019 launched in Quang Ninh
At the event (Photo: VNA) Quang Ninh (VNA) - The People’s Committee of northern Quang Ninh province and the Vietnam Software and IT Services Association launched the Asia Pacific ICT Alliance Awards 2019, the first of its kind ever held in Vietnam, on November 19 Dubbed the “Oscar” of the ICT sector in Asia-Pacific, the annual awards is alternately held by the Asia Pacific ICT Alliance (APICTA) in 16 member nations and economies in order to honour outstanding products, software, information technologies and start-ups in the region. The four-day event is underway in Ha Long city with nearly 1,000 delegates taking part, including over 650 from 16 APICTA member countries and economies. Speaking at the opening ceremony, Vice Chairman of the provincial People’s Committee Dang Huy Hau said the event affords Quang Ninh a chance to access technological advances at home and abroad towards building a digital economy while promoting trade, investment and … [Read more...] about Asia-Pacific ICT Alliance Awards 2019 launched in Quang Ninh
