The Airports Corporation of Vietnam (ACV) said it is aiming at more than 5.6 trillion VND (246.4 million USD) worth of profit in 2018 at its Annual General Meeting of Shareholders held on May 4.
Aircraft on the runway of the Noi Bai Airport, an ACV member (Photo: VNA)
Hanoi (VNA) - The AirportsCorporation of Vietnam (ACV) said it is aiming at more than 5.6 trillion VND (246.4million USD) worth of profit in 2018 at its Annual General Meeting of Shareholdersheld on May 4.
As heard at the meeting, the year’stargeted revenue and dividend payment were set at 16 trillion VND (704 million USD)and 9 percent respectively.
The ACV projected that aviation growth in2018 would be slower than in 2017 due to various difficulties, particularly thedomestic market’s slowdown. Between 2014 and 2016, the domestic market grewsubstantially at 20, 27, and 30 percent thanks to the engagement of privateairlines, flexible price policy, and opening of several new air routes. Thefigure decreased to 18 percent last year.
According to the International AirTransport Association (IATA), the number of air travellers in the world willhit 7.2 billion in the next 20 years, with Vietnam ranked among the top fivemarkets recording the fastest passenger growth.
The aviation sector in Vietnam has beensupported by several advantages, such as increasing per-capita income andmiddle-class population, and policy assistance from the Government.-VNA
The Airports Corporation of Vietnam (ACV) plans to sign a strategic partnership agreement with French airport authority Aéroports de Paris (ADP) in March this year.
The Airport Corporation of Vietnam (ACV) on July 17 said it will invest nearly 12 trillion VND (528.03 million USD) to raise the capacity of the three international airports of Cat Bi, Phu Bai and Chu Lai by 2025.
The Airports Corporation of Vietnam (ACV) plans to sell 20 percent stake, equivalent to 4.35 trillion VND (194.77 million USD), to foreign and domestic investors through open auction in 2018.
A ceremony took place in Hanoi on December 27 to welcome the 94 millionth passenger aboard the 800,000th flight operated by the Vietnam Air Traffic Management Corporation this year.
The Civil Aviation Authority of Vietnam (CAAV) has requested evaluation of security work at all airports nationwide following a recent incident when a man boarded a plane without a boarding pass at Vinh international airport.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Aircraft on the runway of the Noi Bai Airport, an ACV member (Photo: VNA) 
