The Civil Aviation Authority of Việt Nam (CAAV) recently sent a dispatch asking domestic airlines to suspend flights to and from airports in several southern cities and provinces that are under strict social distancing measures from Monday.
Việt Nam's aviation market is hoped to recover in 2023-24, according to a Vietnam Airlines' representative.
Vietnamese shares plunged on Monday as panic selling flooded the market, following surging COVID-19 cases, reinforcing fears of further economic pain from restrictions induced by the virus.
HCM City on Friday (July 7) reopened 12 pandemic checkpoints at city gateways amid the new 15-day lockdown period to ensure that drivers have a negative COVID-19 test before entering the city.
The market ended lower yesterday as selling pressure still dominated some attractive stocks in banking, real estate and material sectors.