CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Travel / Tours
Vietnam authority proposes unchanged airfare price cap for local flights
Lien Ha 18:48, 2018/07/23
Airfare ceiling for domestic flights should remain unchanged, according to a recent proposal of the Civil Aviation Authority of Vietnam (CAAV).
The CAAV has just suggested the Ministry of Transport (MoT) retain the airfare price cap until 2019, local media reported.
According to the CAAV, the maximum airfares declared by airlines have been equivalent to 76-79% of the current cap, depending on flight routes. The adjustment of the price frame is necessary, especially for long routes as fuel costs fluctuate, according to the authority.
 
Airfare price is stabilized. Photo: Xuan Hoa
Airfare price is stabilized. Photo: Xuan Hoa
However, the CAAV still recommends keeping the cap unchanged until 2019, which is in line with State direction on price stabilization and ensure the inflation target for 2018.
Currently, the cap on domestic airline tickets has been in place since 2015.
Specifically, the airfares’ cap for the flights of socio-economic development with a route of under 500 km is VND1.6 million (~US$70). For other flights shorter than 500 km, from 500 km to 800 km, from 850 km to 1,000 km, from 1,000 km to 1,280 km and more than 1,280 km, the prices are capped at VND1.7 million(US$74), VND2.2 million(US$96), VND2.79 million(US$121), VND3.2 million (US$139) and VND 3.75 million (US163), respectively.  
In a related move, Vietnam’s Ministry of Transport in 2017 has rejected a bid to set price floors on air tickets as proposed by the country’s national carrier, Vietnam Airlines, as well as its subsidiary, Jetstar Pacific. Under the proposals, Vietnam Airlines advocated for a floor price for domestic travel between US$68 (VND1.5 million) and US$185 (VND4.2 million), while Jetstar Pacific proposed rates between US$26 (VND600,000) and US$53 (VND1.2 million).
Comments
Other news
21:39, 2024/12/15
New milestone in Hanoi's night tourism development
The 'Truc Bach Night' tourism promotion program is important in furthering Hanoi's efforts to develop the night-time economy.
06:52, 2024/12/13
24 hours in Hanoi: Learning to love the city
Spending a full day in Hanoi to experience the pace of life can be an emotional and unforgettable experience for people who are just passing through, but for those who are devoted to the city, years of exploration are not enough.
10:06, 2024/08/31
Self-drive tours become more popular in Hanoi
The "close to home" trend can be seen in the rise of self-driving and local travel this summer.
20:31, 2024/07/17
Hanoi's camping attracts visitors seeking nature experiences
Camping in Hanoi has become increasingly trendy among urban families in recent years, adding to the appeal of the city's tourism.
21:14, 2024/06/03
Summer travel trend: Vietnamese tourists opt for nearby destinations
Due to the high cost of air tickets, many people choose to travel by train, car or fly to regional countries.
15:04, 2024/02/02
Ngoc Son Temple night tour launched in Hanoi
The real-life program is based on real historical data and legends that have been passed down and carried on at the Ngoc Son Temple for centuries.