Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs

Airline industry set to soar higher

byCT Report
19/11/2016
in International Customs, Vietnam
Share on FacebookShare on Twitter

HANOI: Việt Nam’s airline industry has made great progress in recent years, despite still having a young industry in the country, said Transport Deputy Minister Nguyễn Nhật during a conference in Hà Nội yesterday. The conference, focused on airline transportation policies and facilitating tourism to Việt Nam, aimed to support Vietnamese airlines and expand foreign airlines’operation in Việt Nam. The growth in the domestic airline industry has been shown with 55 foreign airlines with almost 100 international direct routes to Việt Nam, compared to only 20 airlines in 1993.

Many major airlines including Việt Nam’s flagship carrier Vietnam Airlines, VietJet Air and others such as Cathay Pacific, Thai Cargo and Cebu Pacific together with representatives from the Airports Corporation of Vietnam (ACV), the Vietnam Air Traffic Management Corporation and other ground control units. Nhật said that in keeping with the Government’s aim to improve the business environment and create favourable conditions for investment, the Ministry of Transport (MoT) and the Civil Aviation Authority of Vietnam (CAAV) have made efforts to resolve businesses’ difficulties.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020

At the conference, attendees discussed Việt Nam’s aviation policies, problems foreign airlines encounter in Việt Nam and plans to expand international airports. The aim of the conference was to establish a Collaborative Decision Making Committee, and to reduce delays, increase efficiency and eliminate noise pollution.

Airlines also proposed plans to expand and upgrade Tân Sơn Nhất International Airport in the near future, and requested Việt Nam’s managing authorities devise plans to cut costs at other airports. At the conference, representatives from the MoT and the ACV outlined the development plan for Tân Sơn Nhất International Airport, including the expansion of the apron to 21 hectares, expected to accommodate 30 aeroplanes by the end of 2017, with nine spaces ready to be operational within the month.

The Terminal 2 (T2) will also be upgraded to serve 12 to 13 million passengers per year, an increase from 10 million passengers at present. Regarding high operational costs, the ACV stated that Việt Nam’s airport operational costs are less than Singapore and Thailand, with prices at a reasonable level, in accordance with the International Civil Aviation Organisation’s standards. The ACV also has discount policies for airlines beginning operations in Việt Nam to ease their financial burden.

Tags: Airline industry set to soar higher

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

Ukraine bans poultry imports from Austria

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.