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ACV

Vietnam government wishes to fully own ACV once again

The transport ministry is seeking for approval to reacquire the Airports Corporation of Vietnam stakes once sold to non-state shareholders, in a bid to uphold the national aviation security.

Viethaus joint venture in Germany reported accumulated losses of US$16 million

Despite contributing only VND15 billion (US$661,521), Southern Airports Services JSC (SASCO), Viethaus’s shareholder, has paid on behalf of the joint venture nearly VND300 billion (US$13.2 million) to fees and had to make provision since 2015.

Aviation corporations grilled with causes of airline problems

Prime Minister Nguyen Xuan Phuc has put asked a series of question relating to the leading causes of airline problems when requesting three aviation corporations to clarify six aviation related issues.

VND3,200 billion for expansion of Noi Bai and Tan Son Nhat Airport

Airports Corporation of Vietnam (ACV) will allocate more than VND 6,000 billion (US$264 million) to upgrade Vietnam airports in 2017.

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