Cathay Pacific Airways Limited and two other airlines has got exemption from import tax (Photo cathaypacific.com)
Hanoi (VNA)- Deputy Prime Minister Vuong Dinh Hue has agreed with the proposal of the Ministryof Finance to exempt three airlines from import tax.
These include Cathay Pacific Airways Limited, Federal Express Corporationand Japan Airlines.
Hue has assigned the Ministry of Finance to implement the proposal and hasinstructed the customs forces to supervise and closely control the import anduse of duty-free goods of the three airlines to ensure that they are used forthe right purposes and are consistent with the law.
Under the direction of the Deputy PM, the import and use of duty-free goods byCathay Pacific Airways Limited must be for the right purposes as described inArticle 8 of the Agreement on Air Transport, signed between the VietnameseGovernment and the Hong Kong Special Administrative Region, dated September 10,1999.
For the Federal Express Corporation, the goods must also be used for theright purposes as specified in Article 9 of the Air Transport Agreement, signedbetween Vietnam and the United States on April 14, 2004.
For Japan Airlines, goods must be used for the right purposes as statedin Article 5 of the Air Services Agreement between Vietnam and Japan,signed on May 23, 1994.
Earlier, the Deputy PM had also agreed to exempt the import tax for importedgoods of Singapore Airlines.-VNA
The Ministry of Transport expects to collect at least 2.235 trillion VND (98.45 million USD) from the sale of more than 371.53 million rights to buy preference stakes in the Vietnam Airlines Corporation.
FLC Group plans to open 40 local and international routes after its carrier, Bamboo Airways, becomes operational, said Dang Tat Thang, General Director of the airline.
Vietnam Airlines and Singapore Technologies Aerospace Ltd (ST Aerospace) signed a memorandum of understanding (MOU) on April 26 to establish a joint venture for aircraft maintenance.
Seven flights of low-cost airline Vietjet Air were cancelled on April 29 after a plane of this carrier was hit by a bird last night, according to a Vietjet Air spokesperson.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.