The national flag carriers Vietnam Airlines signed a credit contract in Hanoi on April 22 with Eximbank to purchase a fleet of Boeing 787 aircraft (B787).
The national flag carriers Vietnam Airlines signed a credit contract inHanoi on April 22 with Eximbank to purchase a fleet of Boeing 787aircraft (B787).
Under the terms of the 100 million USD deal, Eximbank will lend the airline money to purchase eight planes.
Thisis the second collaboration project between the two parties with theaim of increasing the transport capacity of the national carrier.
According to Pham Ngoc Minh, CEO of Vietnam Airlines, the firstaircraft will be received in the second quarter of 2015 and supplementits current 19 Boeing 787s as the carrier gradually replaces its AirbusA320 fleet, which has been in operation for more than 10 year.
Minh said that the investment will help Vietnam Airlines stabilise itsoperations, maintain its service quality and open up more air routes tomeet the rising demands of customers.
Last year, VietnamAirlines and Eximbank signed another 100 million USD credit deal to bespent on four new Airbus A320 aircraft, which have already beendelivered.
Vietnam Airlines is now operating 80 air routes, with over 300 flights connecting destinations. It plans to expand its fleet to 115 by 2015 and 170 by 2020.-VNA
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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.
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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.
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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.
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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.
