HVN

Vietnam's National Assembly delegates show high consensus on a proposed resolution to reduce environmental protection, VAT, and special consumption taxes on gasoline, oil, and jet fuel to 0% from April 16th to June 30th. This policy aims to stabilize domestic fuel prices, support businesses and citizens, and maintain macroeconomic stability amidst global energy price volatility.

VAECO, a subsidiary of Vietnam Airlines, has become the first organization in Vietnam to achieve EASA Part 147 certification for aircraft maintenance training, significantly elevating the country's aviation technical capabilities to international standards and reducing training costs. This achievement enhances Vietnam's self-reliance and competitiveness in the global aviation sector.

Vietnamese airlines are experiencing temporary relief as global aviation fuel prices, including Jet A-1, have significantly decreased following a US-Iran ceasefire agreement. Additionally, the Civil Aviation Authority of Vietnam is researching proposals to increase the domestic airfare ceiling and apply fuel surcharges to support airlines.

The Ministry of Construction is considering adjusting the maximum price for domestic air passenger transport services, a proposal from the Civil Aviation Authority of Vietnam to support airlines facing rising fuel costs.

The Vietnamese government proposes to temporarily scrap environmental protection tax, VAT, and special consumption tax on various fuels until June-end to control inflation and achieve economic targets amidst rising global energy prices. This significant policy proposal will be considered by the National Assembly.

VAECO, a subsidiary of Vietnam Airlines, has become the first organization in Vietnam to achieve EASA Part 147 certification for aircraft maintenance engineer training, enabling significant cost savings and enhancing the country's aviation technical self-reliance. This milestone positions VAECO as one of only four entities in Southeast Asia holding both EASA Part 145 and Part 147 for maintenance and training.

The Ministry of Construction proposes a 50% reduction in landing/take-off fees for international flights at Long Thanh Airport for the first two years to attract transit passengers and compete with regional hubs. This initiative aims to build a sustainable ecosystem for Vietnam's growing aviation market.

The Vietnamese government proposes reducing environmental protection tax, VAT, and special consumption tax on gasoline, diesel, and jet fuel to zero until June 30th to mitigate global energy price impacts and control inflation. This policy, if approved by the National Assembly, would take effect from April 16th.