Deputy Prime Minister Trinh Dinh Dung recently signed Decision No. 457/QD-TTg approving the Vietravel Airlines project of Vietravel - one of the country’s largest tour operators.
Hanoi (VNA) - Deputy Prime Minister Trinh Dinh Dung recently signed DecisionNo. 457/QD-TTg approving the Vietravel Airlines project of Vietravel - one ofthe country’s largest tour operators.
With investment of 700 billion VND (30.4 million USD), the project aims toprovide domestic and overseas air transport services and contribute toimproving the capacity of Vietnam’s air transport and tourism as well as socio-economicdevelopment amid global integration.
It will be put into operation at Phu Bai International Airport in the central provinceof Thua Thien Hue and have a lifespan of 50 years.
During its first year of operation, the carrier will use three Airbus, Boeing,or equivalent aircraft, which will then rise to eight by its fifth year.
Vietnam currently has five operational airlines: national flag carrier VietnamAirlines, budget carrier Jetstar Pacific (majority-owned by Vietnam Airlines),Vietjet Air, Vietnam Air Services (VASCO), and Bamboo Airways. Two others -Kite Air and Vietstar Air - are awaiting operational authorization.
Vietnamese airlines are among many around the world suffering heavy losses fromthe impact of COVID-19. The transport ministry has put the initial damage fromsuspending flights at some 30 trillion VND (1.3 billion USD).
The Civil Aviation Administration of Vietnam recently issued two scenarios. Thefirst is that if the disease is controlled before the end of April, the totalnumber of passengers this year will reach 67 million, down 15 percent against2019.
ꩲ In the second, where the market worsens but the pandemic is controlled in thesecond quarter, passenger numbers will stand at 61.2 million, down 22.6 percentyear-on-year./.
The imminent loss of tourism revenue due to the current spread of deadly coronavirus has prompted authorities and businesses to discuss plans to revive the tourism industry when the epidemic ends.
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.
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.
At Phu Bai International Airport (Photo: VNA) 
