Want to be in the loop?
subscribe to
our notification
Business News
COMMERCIAL FLIGHTS BETWEEN VIETNAM AND ASIAN DESTINATIONS MAY RESUME VERY SOON
In a proposal to Prime Minister Nguyen Xuan Phuc on Tuesday, the ministry suggested resuming flights to Guangzhou, Seoul, Tokyo, Taiwan, Vientiane and Phnom Penh, with the frequency of one trip per week from each side.
The Civil Aviation Administration of Vietnam would cooperate with authorities in mainland China, Japan, South Korea, Taiwan, Laos and Cambodia to reopen these routes as early as August, it said.
Around 2,500 to 3,000 foreign passengers are expected to enter Vietnam each week via these commercial flights besides Vietnamese returning home on repatriation flights organized by the Ministry of Foreign Affairs.
Passengers on commercial flights need a valid visa and are required to be quarantined for 14 days upon arriving in Vietnam as a preventive measure.
Flights from Guangzhou are expected to land at Da Nang International Airport in central Vietnam and those from Tokyo and Seoul at Noi Bai International Airport in Hanoi.
Flights from Taiwan would touch down at Tan Son Nhat International Airport in HCMC, those from Laos at Van Don International Airport in the northern province of Quang Ninh and Cambodia at Can Tho International Airport in the Mekong Delta.
Explaining the arrangement, the ministry said with runways at Noi Bai and Tan Son Nhat closed for upgrade, the operating capacity at both airports has fallen to 60 and 70 percent each. Adding more flights could cause overload at the country’s two biggest airports, affecting service quality.
During the first stage, Vietnamese airlines will only operate one flight a week to the above-mentioned Asian destinations. After the Covid-19 pandemic is contained globally, the frequency of international flights would be increased, the ministry stated.
It has proposed the government assign the foreign ministry to facilitate licensing of Vietnam’s flights and the defense ministry to provide quarantine facilities for passengers.
Since late March, Vietnam suspended all foreign arrivals and halted all international flights in an unprecedented move to stem the spread of the Covid-19 pandemic.
On Monday, a prime ministerial directive agreed to the resumption of commercial flights to and from China and ordered the reopening of commercial services to some Asian metropolises. Priority will be given to Vietnamese stranded overseas, foreign experts, specialists and students.
Vietnam has gone three months without community transmission caused by the novel coronavirus. The country of 96 million has reported only 373 infections and not a single Covid-19 death.
Source: Vietnaminsider
Related News
![Card image cap](/uploads/news/Eco2.jpg)
GOV’T UNVEILS ACTION PLAN TO ACCELERATE INDUSTRIALISATION
Vietnam aspires to become among the top three industrial powerhouses in ASEAN, with the industrial sector contributing over 40 per cent to GDP. The manufacturing and processing sector is expected to account for around 30 per cent of GDP, with a strong emphasis on high-tech products aiming for over 45 per cent of the sector's value. To further drive the economy, the service sector is projected to contribute over 50 per cent to GDP, with tourism alone generating 14-15 per cent.
![Card image cap](/uploads/news/economic.jpg)
VIETNAM’S H1 ECONOMIC GROWTH QUITE IMPRESSIVE: ADB COUNTRY DIRECTOR
Country Director of the Asian Development Bank (ADB) for Vietnam Shantanu Chakraborty has expressed his impression of the Southeast Asian nation’s economic growth of 6.4 per cent in the first half of this year. The growth was mainly driven by strong trade recovery, where export grew by 14.5 per cent and import by 17 per cent over last year, he told the Vietnam News Agency. However, he said, the domestic segment remained sluggish.
![Card image cap](/uploads/news/Infrastructure13.jpg)
REAL ESTATE FIRMS AGGRESSIVELY RESTRUCTURING BOND DEBT
From the start of 2024 to July 5, the market saw 133 private placements and ten bond public offerings, totalling over VNĐ140 trillion. 65.6 per cent of this value was from the banking sector, while real estate bonds accounted for only 24.6 per cent, or over VNĐ34.5 trillion.
![Card image cap](/uploads/Logo/Cathay%20%281%29.jpg)
ONE-TIME OFFER: COMPLEMENTARY CATHAY PACIFIC LOUNGE PASS
Begin your trip on the right note in Cathay Pacific’s first-ever ferry lounge, located at Shenzhen’s Shekou Cruise home port. Situated at the end of the pier, the ferry lounge offers a breathtaking 270-degree view of the sea. You can immerse yourself in sheer luxury and revel in the panoramic beauty. Catch a glimpse of Hong Kong in the distance.
![Card image cap](/uploads/news/Industrial%20Zone.jpg)
VIỆT NAM TARGETS FULL MOBILE BROADBAND COVERAGE ON HIGHWAYS, INDUSTRIAL ZONES BY 2025
By 2025, Việt Nam aims to achieve one hundred per cent mobile broadband coverage on all national highways, expressways and railways under a plan to enhance the quality of Việt Nam’s mobile telecommunications network by 2025, which has been approved by the Ministry of Information and Communications (MIC).
![Card image cap](/uploads/news/Investment6.jpg)
VIETNAM ONE OF FASTEST-GROWING E-COMMERCE MARKETS IN SOUTHEAST ASIA
The report released on July 16 highlighted that the total GMV of Southeast Asia’s eight leading e-commerce platforms rose to $114.6 billion in 2023, up 15 per cent from 2022. The key drivers for the region's e-commerce GMV expansion in 2023 are Vietnam and Thailand, growing 52.9 per cent and 34.1 per cent on-year, respectively.