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(ACV)

ACV to borrow US1.8 billion to invest in Long Thành Intl Airport

ACV to borrow US$1.8 billion to invest in Long Thành Int’l Airport

The $1.8 loan will be invested as the third part of the Long Thành International Project’s first phase, to include improvements to passenger terminals and aircraft aprons, with a total overall investment of VNĐ99 trillion (US$3.9 billion).
Work accelerated on Tân Sơn Nhất terminal to complete by April next year

Work accelerated on Tân Sơn Nhất terminal to complete by April next year

The construction of the T3 passenger terminal at Tân Sơn Nhất International Airport in HCM City is set to finish two months ahead of schedule.
Airports Corporation of Vietnam (ACV) market cap surges to 7.7 billion

Airports Corporation of Vietnam (ACV) market cap surges to $7.7 billion

With a market capitalisation of US$7.7 billion, The Airports Corporation of Vietnam (ACV) stands far ahead of the rest on the UPCoM and is the only unlisted entity among the top 10 most valuable companies on the Vietnamese stock exchange.
Reopening of tourism this month offers hope to businesses

Reopening of tourism this month offers hope to businesses

The official reopening of international tourism this month offers hope to tourism businesses who have been hit hard in the pandemic.
First phase of Long Thanh Airport to be ready in September 2025

First phase of Long Thanh Airport to be ready in September 2025

Chairman of the Airports Corporation of Viet Nam (ACV) Lai Xuan Thanh told Giao thong ( Transport) newspaper about measures to speed up the Long Thanh International Airport project, with the first phase now expected to finish three months early.
Aviation stocks see gains on ease of restriction measures

Aviation stocks see gains on ease of restriction measures

Aviation stocks have enjoyed strong gains following the news that social distancing orders will be relaxed after September 15 and business will gradually resume after prolonged restriction measures.
Work on expanded Dien Bien airport to start in December: ACV

Work on expanded Dien Bien airport to start in December: ACV

Construction of the expanded Dien Bien airport project is scheduled to begin in December 2021 and finish at the beginning of the fourth quarter of 2023.
ACV asks to borrow US dollars for Long Thanh airport project

ACV asks to borrow US dollars for Long Thanh airport project

The State-run Airports Corporation of Viet Nam (ACV) has said it wants to borrow US dollars from local banks for the country''s largest airport project, Long Thanh International Airport in Dong Nai Province.
ACV to invest more than 4.3 billion in Long Thanh Intl Airport

ACV to invest more than $4.3 billion in Long Thanh Int’l Airport

The Airports Corporation of Viet Nam will invest more than VND99 trillion (US$4.3 billion) in the third component project of the first stage of the Long Thanh International Airport in the southern province of Dong Nai.
Work on Long Thanh international airport starts next month

Work on Long Thanh international airport starts next month

Construction of the proposed Long Thanh international airport in the southern province of Dong Nai is expected to start next month as promised by State-owned Airports Corporation of Viet Nam, the airport’s main developer.
Airline service fees reduced by half for next six months

Airline service fees reduced by half for next six months

Fees for takeoff and landing and aircraft operating services for domestic flights will continue to be cut by 50 per cent for the next six months to support airlines affected by the COVID-19 pandemic.
Vietnam Airlines, ACV suffer heavy losses due to COVID-19

Vietnam Airlines, ACV suffer heavy losses due to COVID-19

The COVID-19 pandemic has severely dragged down revenues of the Vietnam Airlines Corporation (Vietnam Airlines) and the Airports Corporation of Vietnam (ACV) in the second quarter of this year.
ACV revenue and profit to tumble

ACV revenue and profit to tumble

The ACV estimated it would record total revenue of VND11.3 trillion (US$489.3 million) and total profit before tax of more than VND2 trillion.
Airline service fees reduced for next six months

Airline service fees reduced for next six months

The Airports Corporation of Viet Nam (ACV) has announced it will reduce airline service fees for six months from March to August to support airlines suffering from the COVID-19 pandemic. 
ACV expects 2020 profit down by VND6 trillion due to disease influence

ACV expects 2020 profit down by VND6 trillion due to disease influence

The Airports Corporation of Vietnam (ACV) expects profit this year will reach just VND1.7 trillion (US$73.4 million), a decrease of more than VND6 trillion compared to the year’s forecast, due to the effect of the COVID-19.