Want to be in the loop?
subscribe to
our notification
Business News
MINISTER OF TRANSPORT CALLS FOR RESUMPTION OF INTERNATIONAL FLIGHTS
Việt Nam’s Minister of Transport Nguyễn Văn Thể has called for the resumption of international flights in and out of the country.
The minister made the call during a briefing of the transport ministry, as airlines prepare to restart domestic routes following the easing of social distancing measures designed to contain and control the COVID-19 pandemic.
Đinh Việt Thắng, Director of the Civil Aviation Authority of Vietnam (CAAV), spoke at the May briefing held by the Ministry of Transport in Hà Nội on Thursday, saying that the air transport sector is recovering quickly after the regulations have been gradually eased.
Thắng said in the past six days alone, including four public holidays, domestic airlines carried 230,000 passengers, reaching an average of 39,000 passengers per day, 38 per cent of the figure last year.
“It is likely that the domestic aviation market will recover by the middle of next year. Regarding the international market, it may recover by the end of 2021,” Thắng said.
Domestic airlines carried about 1.231 million passengers and 105 million tonnes of goods in the first four months of this year, down 27.5 per cent and 7.2 per cent year-on-year, respectively.
Trần Bảo Ngọc, director of the transport ministry’s Department of Transport, said the aviation sector is the most affected of the five transport sectors, including railway and waterway.
He said Vietnamese airlines have stopped operating almost all domestic and international routes, running only a few flights to transport passengers from Việt Nam to several international destinations, cargo flights and three routes connecting Hà Nội, Đà Nẵng and HCM City with a minimum frequency to serve the essential needs of air transport.
“Since April 1, the number of passengers travelling by air is only by 1-2 per cent compared to the time before the pandemic,” Ngọc said.
Vietnam Airlines Group is one of the most affected businesses. In the first quarter of this year, the firm’s consolidated revenue decreased by about 26 per cent.
The revenue and profit of Airport Corporation of Vietnam (ACV) decreased by 24 per cent, while the flight control output and revenue of the Vietnam Air Traffic Management Corporation (VATM) decreased by 60 per cent year-on-year.
"Air transport is taking place in a worse situation than expected, with an estimated volume of about 43 million passengers carried in 2020, down 46 per cent year-on-year,” Ngọc said.
At the briefing, Minister of Transport Nguyễn Văn Thể directed the Department of Transport and CAAV to propose the restoration of a number of international flights with very limited frequency, giving priority to experts and officials, while ensuring strict control of anti-pandemic measures as well as social distancing.
Source: VNS
Related News
GOLDEN DEAL, KNOCK-DOWN OFFER
Are you ready for a fun-filled family vacation. Don't miss the super attractive Family Staycation package at Becamex Hotel. 2 days 1 night package with full amenities and free activities: Buffet breakfast, Swimming, tennis, bicycle, gym, sauna, cool ice cream, 300.000 VND service voucher and many other offers! Contact now for detailed advice.
"BEARY CHRISTMAS" CHARITY PROGRAM
As the Festive Season approaches, Caravelle Saigon, in collaboration with VinaCapital Foundation (VCF), is bringing a heartwarming charitable initiative to life — and we are delighted to invite all HKBAV members to take part in the very first “Beary Christmas” Charity Program. By adopting a Caravelle Bear for VND 299,000 nett, you will be directly supporting children battling cancer in Vietnam through VCF’s Can-Care/Can-Clover Program.
SOILBUILD INTERNATIONAL WINS “BEST INDUSTRIAL DEVELOPMENT” AWARD FOR SPECTRUM NGHE AN AT THE PROPERTYGURU VIETNAM PROPERTY AWARDS 2025
Soilbuild International is pleased to announce that its project, Spectrum Nghe An, has been awarded Best Industrial Development at the PropertyGuru Vietnam Property Awards 2025, held on 24th of October 2025, in Ho Chi Minh City. The PropertyGuru Vietnam Property Awards is part of the prestigious PropertyGuru Asia Property Awards series, the largest and most respected real estate awards programme in Asia.
WEBINAR: 2025 VIETNAM KEY TAX FINALISATION, UPDATES ON TAX CHANGES AND GLOBAL MINIMUM TAX
Dear Valued Client,We would like to invite you to our webinars on Friday, 12 December 2025, and Tuesday, 16 December 2025, to review and learn about key 2025 tax finalisation topics and stay ahead with the latest tax changes.
NEW ECONOMIC POLICIES EFFECTIVE THIS DECEMBER
Government Decree 304/2025, effective December 1, sets stricter conditions for seizing collateral, especially assets that are a borrower’s sole residence or essential work tools. In such cases, lenders must set aside a compensation amount equivalent to six to twelve months of minimum wage. The measure aims to improve transparency in bad debt handling and reduce credit risk in the banking system.
QUANG NINH TARGETS VND58 TRILLION IN TOURISM REVENUE
Quang Ninh Province is aiming to generate VND58 trillion in tourism revenue this year after surpassing its goal of 21 million visitors, driven by new tourism products, expanded nighttime activities, and large-scale events. As of mid-November 2025, Quang Ninh had welcomed 21.28 million visitors, up 12% year-on-year. Tourism revenue reached at least VND57 trillion, a 22.46% increase from the same period last year. With its visitor target achieved, the province is now pushing toward its revenue goal of VND58 trillion.
























