MPI proposes PM to approve expanded Dien Bien Phu Airport

MPI proposes PM to approve expanded Dien Bien Phu Airport

After appraising the investment planning of the expanded Dien Bien Phu Airport, the MPI proposed the PM to approve this planning.
Construction of Long Thanh airport to begin on January 5

Construction of Long Thanh airport to begin on January 5

The Airports Corporation of Vietnam (ACV) plans to start work on the first detail of the Long Thanh International Airport project in the southern province of Dong Nai on January 5.
Vietnam Airlines, ACV suffer heavy losses due to COVID-19

Vietnam Airlines, ACV suffer heavy losses due to COVID-19

The COVID-19 pandemic has severely dragged down revenues of the Vietnam Airlines Corporation (Vietnam Airlines) and the Airports Corporation of Vietnam (ACV) in the second quarter of this year.
Bleak business result of ACV may put construction of  Terminal 3 behind schedule

Bleak business result of ACV may put construction of Terminal 3 behind schedule

The impact of COVID-19 may hamper ACV in preparing capital for the timely development of Terminal 3 at Tan Son Nhat International Airport.
ACV targets nearly 487 million USD in revenue amid COVID-19

ACV targets nearly 487 million USD in revenue amid COVID-19

The Airports Corporation of Vietnam (ACV) has targeted earning over 11.3 trillion VND (486.9 million USD) in revenue and over 2 trillion VND (86.1 million USD) in pre-tax profit in 2020.
State-owned corporations and groups may lose $13 billion due to COVID-19

State-owned corporations and groups may lose $13 billion due to COVID-19

If the COVID-19 pandemic continues and oil does not recover, the revenue of 19 state-owned groups will plunge by VND279.76 trillion ($12.16 billion) this year.
ACV reduces airline service fees for next six months

ACV reduces airline service fees for next six months

The Airports Corporation of Vietnam (ACV) has announced it will reduce airline service fees for six months from March to August to support airlines suffering from the COVID-19 pandemic.
Faster pace required for Long Thanh airport plan

Faster pace required for Long Thanh airport plan

With Airports Corporation of Vietnam being selected as main investor of Long Thanh International Airport, international and domestic private financiers are within touching distance of long-awaited opportunities to venture into.
Financial dilemma over air strips of Noi Bai and Tan Son Nhat airports

Financial dilemma over air strips of Noi Bai and Tan Son Nhat airports

State management agencies are at a loss in finding suitable capital for improving the runways at Noi Bai and Tan Son Nhat international airports.
Airport funding plans on the way

Airport funding plans on the way

Domestic and international private investors are expected to have fresh opportunities to join the long-awaited Long Thanh International Airport project in the near future, with the form of investment to be decided next month.
Airport operator ACV pays $86 million cash dividend

Airport operator ACV pays $86 million cash dividend

The Airports Corporation of Vietnam (ACV) has completed paying a cash dividend worth nearly VND2 trillion (US$86 million) for 2018.
ACV facing risks in airport venture

ACV facing risks in airport venture

International financiers may have no room to join the long-awaited Long Thanh International Airport project, with the lack of a government loan guarantee creating a major obstacle for would-be investor Airports Corporation of Vietnam to ensure bankability.
Calling foreign investment and co-operation in aviation industry

Calling foreign investment and co-operation in aviation industry

The potential in Vietnam’s aviation industry in the next five years will be a heavy incentive for foreign businesses to invest and seek co-operation.
ACV proposed as investor in Long Thanh airport

ACV proposed as investor in Long Thanh airport

The Government has proposed naming the State-owned Airports Corporation of Vietnam (ACV) as the main investor for the first phase of Long Thanh International Airport in the southern province of Dong Nai.
Vietnamese banks ranked among 500 strongest in region

Vietnamese banks ranked among 500 strongest in region

The Asian Banker continues to honour the 500 strongest banks in the Asia-Pacific in 2019 with some familiar names from Vietnam.
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