Vietnam Airlines, ACV suffer heavy losses due to COVID-19

The COVID-19 pandemic has severely dragged down revenues of the Vietnam Airlines Corporation (Vietnam Airlines) and the Airports Corporation of Vietnam (ACV) in the second quarter of this year.

VN stocks advance as securities, banking and aviation industries rise

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 1.6 per cent to close at 861.16 points.

ACV revenue and profit to tumble The ACV estimated it would record total revenue of VNĐ11.3 trillion (US$489.3 million) and total profit before tax of more than VNĐ2 trillion.

Đồng Nai to develop smart urban area near new airport Prime Minister Nguyễn Xuân Phúc has urged Đồng Nai Province to speed up the progress of the Long Thành international airport and create a “comprehensive plan” to develop smart urban areas around the proposed airport. 

Ministry of Transport requests opening international routes The Ministry of Transport has just assigned the Civil Aviation Authority of Việt Nam (CAAV) to study and propose measures to gradually loosen immigration and reconnect a number of international routes for trade, visiting relatives and tourism.

Air passenger transport increases slightly in May Civil Aviation Authority of Việt Nam reported that the number of passengers through airports nationwide reached 2.88 million passengers this month, down 70 per cent compared to the same period last year.

ACV to invest in Tân Sơn Nhất airport’s new terminal Prime Minister Nguyễn Xuân Phúc has assigned State-owned Airports Corporation of Việt Nam (ACV) to be the investor of the third passenger terminal at HCM City’s Tân Sơn Nhất international airport.

Nội Bài Int’l Airport among the world’s top 100 for five years running Nội Bài International Airport in Hà Nội has made it into the world’s top 100 airport listing for the fifth consecutive year in 2020, the Airports Corporation of Việt Nam (ACV) said on May 12.

Minister of transport calls for resumption of international flights Viet Nam’s Minister of Transport Nguyễn Văn Thể has called for the resumption of international flights in and out of the country. 

Aviation policies fair and equal for all airlines, says transport ministry The Ministry of Transport said it did not assign the Civil Aviation Authority of Vietnam to study a protection policy dedicated to Vietnam Airlines, which recently reported a loss of VNĐ20 trillion due to the impact of the COVID-19 pandemic.