Bamboo Airways leads in seven-month on-time performance
Bamboo Airways led local airlines in punctuality in the last seven months, according to a recent report released by the Civil Aviation Administration of Vietnam (CAAV).
Hanoi (VNA) – Bamboo Airways led local airlines in punctuality in the last seven months,according to a recent reportreleased by the CivilAviation Administration of Vietnam (CAAV).
The report on the flight ontime performance (OTP) as well as delayed and cancelled flights acrossVietnam in the reviewed period showed that Bamboo Airways has a punctualityrate of 95.4 percent.
Specifically, Bamboo Airways operated16,501 flights, including 15,739 on-time.
It was followed by national flagcarrier Vietnam Airlines, and Vietjet Air with respective average OTP rates at 90.4percent and 86.2 percent.
Jetstar Pacific was at the bottom of the list with an average OTP rate of85 percent.
According to the CAAV, 59.8 percent of the delayed and cancelled flights wasdue to late returns of aircraft, 26.8 percent was from the airlines and 7.3percent was due to equipment and services at the port./.
Vietnam’s newest airline Bamboo Airways officially opened commercial air routes from the northern port city of Hai Phong to the central coastal city of Quy Nhon, the southern economic hub of Ho Chi Minh City, and the Mekong Delta city of Can Tho at a ceremony on May 10.
The newest low-cost carrier Bamboo Airways’ on-time performance (OTP) rate reached 93.9 percent in the first nine months of this year, the highest among domestic airlines, according to the Civil Aviation Authority of Vietnam (CAAV).
Vietnam’s airlines have so far this year transported 54.7 million passengers and 435,000 tonnes of cargo, respectively 11.4 percent and 7.6 percent higher than the figures last year, revealed Vo Huy Cuong, deputy director of the Civil Aviation Administration of Vietnam, on December 13.
Before-tax profit of Bamboo Airways is estimated at 303 billion VND (13.1 million USD) in 2019, which is expected to surge to 1 trillion VND this year, said the carrier’s General Director Dang Tat Thang.
The Civil Aviation Authority of Vietnam has licensed Vietnam’s newest carrier Bamboo Airways to operate a direct route between the capital city of Hanoi and the Czech Republic’s capital of Prague.
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.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
Illustrative image (Photo: VNA) 
