Vingroup, the multi-field conglomerate, has taken the first step to join the aviation market, setting up Vinpearl Air JSC, VinAviation School, and VPA Training Center.

The saturated aviation market has brought about the race to the bottom price war, driving the profitability of the core business of some domestic carriers down to nearly zero.

Da Nang will build a new terminal, T3, at its international airport with total investment of $391 million, increasing the airport’s capacity to 28 million passengers and 200,000 tonnes of cargo by 2030.

Vietnam’s newest airline, Bamboo Airways, is working with authorities of the Czech Republic to complete relevant procedures to launch Hanoi-Prague direct flights, according to a representative of the carrier.

 Airports Corporation of Vietnam (ACV) raised over 1.11 trillion VND or 49.6 million USD in its initial public offering (IPO) at the Ho Chi Minh Stock Exchange (HoSE) on December 10.

 Airbus Group has written to the Vietnamese Government expressing its interest in establishing a new aircraft components factory in Vietnam.

 Minister of Transport Dinh La Thang held a meeting on July 13 with the Secretary General of the International Civil Aviation Organization (ICAO), Mr. Raymond Benjamin.