Posts Tagged ‘ airfares ’

Higher domestic airfares a setback for travel agents 

December 20, 2011
Higher domestic airfares a setback for travel agents 

  Travel agencies already struggling in difficult economic conditions will be hit hard by the latest hike in domestic airfares, industry insiders say. The agencies face both losses on tours already booked and cancellations of bookings because of higher tour prices. In fact, the airfare hike makes foreign tours more attractive to local customers, they [...]

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Vietnam finance ministry approves 20 pct rise in domestic airfares 

December 14, 2011
Vietnam finance ministry approves 20 pct rise in domestic airfares 

  The Vietnamese Finance Ministry has approved a 20 percent price rise for domestic flights from December 15. After the ministry issued the decision on December 6, national carrier Vietnam Airlines announced it will start raising airfares by 15-20 percent next Thursday. Other airlines – Air Mekong, Jetstar Pacific and VietJet Air – have confirmed [...]

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No tourism gains from dollar hike 

November 8, 2010
No tourism gains from dollar hike 

A foreign tourist visits the northern resort town of Sa Pa The recent weakening of the dong against the dollar has not enabled travel agencies to attract more foreign visitors, instead, higher costs of outbound tours have actually reduced their profit margins. On the so-called black market, the dong weakened to as much as 20,940 [...]

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Transport ministry plans airfare increase

February 3, 2010
Transport ministry plans airfare increase

LookAtVietnam – MOT on January 28 sent a dispatch to the Ministry of Finance, requesting to launch airfare guidelines for domestic flights. The highest airfare (not including VAT and airport fee) proposed for the flights with a distance of 850 kilometres and higher is 1.81 million dong instead of the current level of 1.629 million [...]

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Vietnam Airlines to continue downturn-busting cheap flights

September 29, 2009
Vietnam Airlines to continue downturn-busting cheap flights

VietNamNet Bridge  –  Vietnam Airlines has announced it will continue its special airfare scheme till December 31, 2009. Flights will continue to be aviailable via travel firms that signed up to a tourism demand stimulus programme.This is the second extension of the special airfare programme with airfares set at up to 50 percent of normal [...]

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Air fare ceilings apparently haven’t been abolished after all

July 17, 2009
Air fare ceilings apparently haven’t been abolished after all

VietNamNet Bridge – An official circular removing ceilings on domestic air fares was issued by the Ministries of Transport and Finance in December 2008, but the decision has not been implemented. However, six months after its promulgation, Circular 103 ‘remains in a drawer’, and government management agencies have not acted on JPA’s suggested airfares. Pham Xuan [...]

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BUSINESS IN BRIEF 15/3

March 15, 2009
BUSINESS IN BRIEF 15/3

Japanese firms investigate investment opportunities in Vietnam; Hai Phong officials seek Australia’s investment; Dung Quat IZ licenses foreign-funded project; Vietnam to be destination for foreign investors; Vietnamese businesses to attend Boston’s int’l seafood show Japanese firms investigate investment opportunities in VietnamA delegation of leaders of Japanese businesses representing the country’s chemical, energy, transport and infrastructure [...]

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Airlines attempting to raise airfares

February 19, 2009
Airlines attempting to raise airfares

Jetstar Pacific Airlines has asked to be allowed to raise airfares to VND4mil at maximum. Vietnam Airlines, Indochina Airlines and Vietjet Air are also asking for similar increases. While Jetstar Pacific Airlines plans to raise airfares to VND4mil at the highest, the airline would still keep low-cost tickets, at VND15,000/ticket at the cheapest. According to the [...]

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Modest tour fee reductions cannot attract travellers

February 18, 2009
Modest tour fee reductions cannot attract travellers

The tourism promotion programme has been kicked off, but tours remain unattractive to travellers as tour fee reductions have been minimal. Booking toursTravel firms have admitted that considerable tour fee reductions have been applied mostly to outbound tours or domestic tours with air travel because airlines have agreed to cooperate with travel firms to lower [...]

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Airfares to remain in the clouds

February 16, 2009
Airfares to remain in the clouds

It seems unlikely that airfares will be lowered in 2009, despite lower purchasing power and the 10% air fuel import tax decrease. Many people are now considering booking tours for the April 30 – May 1 holiday, which will last four days this year. One of the things they most want to know is whether [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...