acv proposes 100 million investment into na san airport

ACV proposes $100 million investment into Na San Airport

Airport Corporation of Vietnam wants to use its equity capital to rebuild the old domestic Na San Airport located in the northern mountainous province of Son La with the investment capital of VND2.3 trillion ($100 million).
vietnam airlines announces business results of first half of 2019

Vietnam Airlines announces business results of first half of 2019

Vietnam Airlines JSC (code HVN) on July 16 announced its business performance for the first half of 2019, reporting VND51.66 trillion ($2.25 billion) in consolidated revenue, up 5.5 per cent year-over-year, and VND1.65 trillion ($71.74 million) in consolidated pre-tax profit, 30 per cent higher than planned.
experts applaud mpis proposal for north south high speed railway

Experts applaud MPI’s proposal for North-South High-Speed Railway

Numerous experts approved the proposal of the Ministry of Planning and Investment for the North-South High-Speed Railway project, citing a price tag of $26 billion, which is $32 billion lower than the calculations of the Ministry of Transport.
bamboo airways welcomes one millionth passenger

Bamboo Airways welcomes one millionth passenger

On July 12, Bamboo Airways flight QH1213 flying from Hanoi to Quy Nhon city in Vietnam’s south-central coast welcomed the airline's one-millionth passenger.
list of interested investors in north south expressway disclosed

List of interested investors in North-South Expressway disclosed

Almost all 36 investors who are interested in developing subprojects of the big-ticket North-South Expressway are South Korean and Chinese enterprises, with two coming from France.
hanoi germany eye stronger cooperation

Hanoi, Germany eye stronger cooperation

German enterprises are very interested in cooperating with Hanoi, especially in terms of water supply and drainage and transport, outgoing German Ambassador to Vietnam Christian Berger has said. 
vingroup breaks into aviation with vinpearl air

Vingroup breaks into aviation with Vinpearl Air?

On May 29, 2019, the Hanoi Business Registration Office granted a change of registration to VinAsia Development Service and Trading JSC, which was established on April 22 this year with a charter capital of VND1.3 trillion ($56.52 million), to change its name to Vinpearl Air Aviation JSC.
mpi calculates total investment of north south high speed railway

MPI calculates total investment of North-South High-Speed Railway

The Ministry of Planning and Investment (MPI) has just reported to the prime minister about the total investment value of the North-South High-Speed Railway project, citing a number around $26 billion.
vietnam airlines applies piece concept for baggage allowance

Vietnam Airlines applies piece concept for baggage allowance

Starting from August 1, Vietnam Airlines is going to apply the piece concept for baggage allowances on all domestic and international flights, replacing the current weight concept. Accordingly, the free baggage allowance is now determined by the number of pieces of luggage rather than the total amount of weight that a passenger can travel with. Passengers who have already purchased tickets before the effective date of the new rule are still eligible for the standard allowance indicated on their existing tickets.
grabfood may be disadvantaged by high commission rates

GrabFood may be disadvantaged by high commission rates

In case GrabFood continues to charge 20-25 per cent commission for local vendors, it may lose ground to Go-Viet and Now.
vietjet seeks billions of us dollars in e commerce

Vietjet seeks billions of US dollars in e-commerce

Following Air Asia, local airline Vietjet is planning to launch its own e-commerce platform aiming to exploit billions of US dollars in additional services.
logistics prove key to sustaining vietnams appeal

Logistics prove key to sustaining Vietnam’s appeal

As Vietnam emerges as the world’s manufacturing hub, investing in physical and digital infrastructure, including logistics, has become a must.
hanoi to reloan 9835 million to launch cat linh hadong metro line

Hanoi to reloan $98.35 million to launch Cat Linh-Hadong metro line

The Hanoi People’s Committee has proposed to collect a re-loan of $98.35 million from the government to help finish and put into operation the long-delayed Cat Linh-Hadong metro line.
vca submits complaint about grab uber ruling

VCA submits complaint about Grab-Uber ruling

The Vietnam Competition and Consumer Protection Authority (VCA) submitted a complaint about the decision of the Vietnam Competition Authority that the acquisition deal between Grab and Uber does not violate Vietnam’s Competition Law.
should ride hailing vehicles install taxi signs

Should ride-hailing vehicles install taxi signs?

No developed countries in Southeast Asia or the world force ride-hailing services to install taxi signs. However, Vietnam’s latest proposal requests all ride-hailing vehicles to affix taxi signs to the top of the vehicles, which will weigh down disruptive businesses and dampen benefits to consumers and driver partners.