Hanoi (VNA) – TheAirports Corporation of Vietnam (ACV) earned trillions of VND in revenue in theinitial three quarters of this year.
Specifically, it earned over 3.9 trillion VND (169.5million USD) from sales and services just in the third quarter, raising thetotal to about 12 trillion VND between the beginning of this year to September30, up 15.8 percent year-on-year.
Revenues from financial activities hiked from893 billion VND in 2017 to over 1.1 trillion VND this year. Profits inaffiliated companies reached 257 billion VND, up 43 percent.
By the end of the third quarter, ACV’s after-taxprofit for the year so far had topped 4.9 trillion VND, up 67 percent annually.As of September 30, 2018, its total assets reached more than 53.5 trillionVND.
ACV leaders attributed the growing revenue toincreasing passenger and cargo volume at airports and rising aviation service feesin line with the Decision No.2345/QD-BGTVT by the Ministry of Transport.
Economists forecast that ACV could increase itsrevenue by an additional 1.081 billion VND each year thanks to the new aviationservice fees. –VNA
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.
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 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.
The Airports Corporation of Vietnam (ACV) is developing a plan to expand Tuy Hoa airport in the south central province of Phu Yen and build a new terminal with a capacity of 2.5 million passengers per year in the 2020-2025 period.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.