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).
An aircraft of Bamboo Airways. The airline was Vietnam's most punctual carrier in the first nine months of 2019. (Photo: VNA)
Hanoi (VNA) – The newest low-cost carrier Bamboo Airways’on-time performance (OTP) rate reached 93.9 percent in the first nine months ofthis year, the highest among domestic airlines, according to the Civil AviationAuthority of Vietnam (CAAV).
FiveVietnamese airlines, including national flag carrier Vietnam Airlines, Vietjet Air, Jetstar Pacific,Bamboo Airways and VASCO, operated a total of 240,011 flights during the first three quarters, 85.5percent of which – or 205,244 flights – were punctual, down 0.4 percent fromthe same period last year.
About 14.5percent, or 35,301 flights, were cancelled or delayed, the CAAV said.
VASCO camesecond in punctuality with the OTP rate of 93.1 percent, followed by VietnamAirlines (88.4 percent), Vietjet Air (82.8 percent) and Jetstar Pacific (80.1percent).
The CAAV blamed overloaded infrastructure andinsufficient personnel capacity to causing the cancellations and delays. Bad weather condition was alsobehind many cases, particularly flights to small local airports./.
The on-time performance (OTP) rate of the five domestic airlines reached over 86 percent in May (April 19 – May 18), according to the Civil Aviation Authority of Vietnam (CAAV).
In the first six months of 2019, Vietjet’s revenue from air transport continued growing by 22 percent and its air transport profit increased by 16 percent year on year.
Vietnam Airlines Group, listed with code HVN, has revised down the projected consolidated revenue for 2019 from over 111.7 trillion VND (4.8 billion USD) as set in the shareholders’ annual general meeting in May to nearly 104.6 trillion VND (4.5 billion USD).
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.
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.
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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.