Want to be in the loop?
subscribe to
our notification
Business News
FIRST INT’L COMMERCIAL FLIGHTS MAY BE RESUMED SINCE MID-SEPTEMBER
The Civil Aviation Authority of Viet Nam (CAAV) has worked out a plan to resume international flights on August 15, with all passengers to be quarantined for 14 days on arrival.
The first international flights will to Japan and the Republic of Korea with the frequency of four trips per week for each route, CAAV Director General Dinh Viet Thang told the Viet Nam News Agency on Monday.
Thang said Viet Nam has completed consultation about the flight resumption with the Japanese and Korean sides.
The Ministry of Transport will convene a meeting on September 1 with the participation of representatives from the Ministry of Foreign Affairs, Ministry of National Defense, Ministry of Health, and Ministry of Labor, Invalids and Social Affairs to discuss the plan in detail, especially quarantine work.
Viet Nam halted all international commercial flights since April 1 in a bid to prevent importation of COVID-19. It is estimated that Vietnamese airlines will suffer a loss of US$4 billion this year.
The CAAV said five domestic airlines, namely Viet Nam Airlines, Vietjet, Bamboo Airways, Pacific Airways, and VASCO, only operated 16,400 flights between July 19 and August 18, down 45% from the same period last year.
In a bid to support the domestic carriers, the Viet Nam Aviation Business Association has called on the Government to offer the airlines credit worth over US$1 billion at preferential interest rates for three- to four-year terms.
In recent meeting on COVID-19 response, Prime Minister Nguyen Xuan Phuc reaffirmed the Government’s resolve to pursue the dual goal of containing COVID-19 and restarting the economy heavily impacted by the pandemic.
Official data released by the General Statistics Office last weekend showed that inbound tourism shrank 66.6% whil trade with the rest of the world contracted 0.3% on year in January-August.
Source: VGP
Related News

ROUTES BANNED FROM TRAFFIC IN HO CHI MINH CITY ON APRIL 22, 25, 27 AND 30
On April 21, the Traffic Police Department of Ho Chi Minh City Police said that in order to ensure security, order, traffic safety and order to serve…

80 INFRASTRUCTURE PROJECTS ROLLED OUT NATIONWIDE
Prime Minister Pham Minh Chinh today, April 19, chaired the groundbreaking and inauguration ceremonies of 80 key national projects across t…

BLUE-CHIP REBOUND SENDS VN-INDEX LEAPING
Stronger demand for blue-chip stocks led to a market rebound, with the VN-Index adding seven points today, April 17, said local media reports.…

ASEAN, AUSTRALIA AND NEW ZEALAND’S UPGRADED FREE TRADE AREA DEAL ENTERS IN…
An upgraded agreement between Asean, Australia and New Zealand entered into force on April 21, enhancing business opportunities acro…

GOV’T OKAYS PLAN TO ESTABLISH NATIONAL HOUSING DEVELOPMENT FUND
The Government has given the nod to the establishment of a National Housing Development Fund to support the construction of social home…

VIỆT NAM’S SOLAR EXPORTS HIT WITH US DUTIES OF UP TO 542.6 PER CENT
The US has officially imposed steep tariffs on solar energy products imported from four Southeast Asian countries, including Việt Nam,…

ROUTES BANNED FROM TRAFFIC IN HO CHI MINH CITY ON APRIL 22, 25, 27 AND 30
On April 21, the Traffic Police Department of Ho Chi Minh City Police said that in order to ensure security, order, traffic safety and order to serve…

80 INFRASTRUCTURE PROJECTS ROLLED OUT NATIONWIDE
Prime Minister Pham Minh Chinh today, April 19, chaired the groundbreaking and inauguration ceremonies of 80 key national projects across t…

BLUE-CHIP REBOUND SENDS VN-INDEX LEAPING
Stronger demand for blue-chip stocks led to a market rebound, with the VN-Index adding seven points today, April 17, said local media reports.…

ASEAN, AUSTRALIA AND NEW ZEALAND’S UPGRADED FREE TRADE AREA DEAL ENTERS IN…
An upgraded agreement between Asean, Australia and New Zealand entered into force on April 21, enhancing business opportunities acro…

GOV’T OKAYS PLAN TO ESTABLISH NATIONAL HOUSING DEVELOPMENT FUND
The Government has given the nod to the establishment of a National Housing Development Fund to support the construction of social home…

VIỆT NAM’S SOLAR EXPORTS HIT WITH US DUTIES OF UP TO 542.6 PER CENT
The US has officially imposed steep tariffs on solar energy products imported from four Southeast Asian countries, including Việt Nam,…