January 20, 2012
Jetstar Pacific will continue to operate as a low-cost carrier The government’s stake in budget airline Jetstar Pacific, held via the State Capital Investment Corp., will be transferred to national carrier Vietnam Airlines, local media reported Wednesday, citing a directive. Jetstar Pacific, which is partly owned by Australia’s Qantas, will continue to operate as a [...]
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December 6, 2011
The first private airline licensed in Vietnam four years ago officially joined the market Friday, introducing itself as a low-cost carrier.  With its “Save more, fly more” slogan, VietJetAir aims to make air transport accessible to all Vietnamese and foreign tourists including low-income earners through affordable and flexible prices, the VietJet Aviation Joint Stock [...]
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December 5, 2011
Five private airlines have been licensed in Vietnam since 2007, but each of them is struggling to take off, with one having already crash-landed. Air Mekong operates flights while VietJet Air is expected to commence services late this December after many delays. But the others are finding it hard to launch or, in the [...]
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September 27, 2011
 Vietnam Airlines is considering entering Asia’s booming low-cost aviation sector with a new offshoot, while aiming to build its home base into a major entry point for Indochina, its chief says. The state-owned airline is confronted with “growing pressure” from Asia’s budget operators, president and CEO Pham Ngoc Minh told AFP in an [...]
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July 16, 2011
Tougher laws, stricter verification of criteria needed Homebuyers submit purchase applications at a low-cost housing project in Ha Dong District, Hanoi A number of illegal trading cases in low-income housing as well as registration fraud have been uncovered in the capital city, exposing policy shortcomings. It is evident that there are people purchasing the [...]
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May 20, 2011
The Ngo Thi Nham Building, the first-ever low-income housing project in Hanoi Hanoi police said they have discovered the first case of illegal trading in low-cost housing, following reports that some apartments developed for the poor were offered to better-off buyers. News website VnExpress on Thursday reported that Cao Thi Loan was found to have [...]
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January 10, 2011
Seventy thousand low-income households will receive low-cost houses this year as a series of projects are completed, says Nguyen Tran Nam, deputy minister of Construction. Nam said many low-cost house projects had begun construction since 2009 and new ones this year will provide homes to 70,000 families in the most difficult situations. Nam said [...]
Tags: 000 Families, 70 000, 70 000 Families, At One Project, Cost Houses, Cost Housing, families, houses, housing, income:, Low Cost Houses, Low Cost Housing, Low-cost, low-income, million, One Project, people, projects, This year
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January 8, 2011
A worker carrying bricks at a construction site in District 1, Ho Chi Minh City. Low-cost labor has for long been considered one of the best advantages that Vietnam has in attracting foreign direct investment (FDI). However, we have reached a stage when it is becoming a disadvantage, both for our workers and the economy [...]
Tags: Added Value, Cost Labor, labor, Labor Costs, Low Cost Labor, Low Wages, Low-cost, month, quality, The country, Vietnam, workers
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January 20, 2010
LookAtVietnam – Real estate experts all share the same viewpoint that the apartment market will be quiet in 2010. Oversupply makes sales difficult Brett Ashton, managing director of Savills Vietnam, has advised investors to take care in making investment decisions, warning that while people think the market is heating up, the market is going the opposite [...]
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January 8, 2010
In a world first for low-cost airlines, Jetstar and AirAsia announced Wednesday they would form a new alliance that would reduce costs and pool expertise, ultimately resulting in cheaper fares for both. The carriers said in a statement they would focus on cost reduction and potential savings.The statement said the key to the agreement was [...]
Tags: AirAsia, aircraft, alliance, Jetstar, Jetstar And Airasia, Low-cost, New Alliance, next-generation, statement, The statement, The Statement Said
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