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[Hurricane88]

Vietnamese airlines rowing over floor, ceiling rates for domestic services

TUOI TRE NEWS
UPDATED : 04/01/2017 12:39 GMT + 7


Arriving passengers leave Tan Son Nhat International Airport in Ho Chi Minh City.
Tuoi Tre

Vietnamese airlines did not see eye to eye with one another when responding to a Ministry of Transport's plan to cap airfares for domestic services.

The transport ministry, through the Civil Aviation Authority of Vietnam, is soliciting feedback on a plan to lift the ceiling prices for domestic routes by 7-16 percent to deal with the rising jet fuel costs.

According to the proposed pricing scheme, the maximum price for the Hanoi-Ho Chi Minh City route will be VND3.65 million (US$163) instead of the current VND3.2 million ($143).

Flag carrier Vietnam Airlines and two budget airlines, Vietjet and Jetstar Pacific Airlines, have all provided feedback to the plan, with one suggesting scrapping the ceiling price, whereas the other two said a floor rate for airfares should also be stipulated to ensure fair competition.


Ceiling vs. floor rates

Low-cost carrier Vietjet said the ceiling rate for airfare should be removed as it is no longer necessary and appropriate for the current rapid growing and highly competitive aviation market in Vietnam.

“The government should only manage and oversee the service quality of airlines, rather than capping their domestic airfares,” Vietjet said in a statement.

“The state should respect the healthy competition principles as per the market-based mechanism all airlines are following.”

According to Vietjet, once the ceiling airfare is scrapped, carriers will be able to upgrade and improve their service quality to better serve passengers.

continue reading here
http://tuoitrenews.vn/business/40322...estic-services

[snipeshot08]

Originally Posted by Hurricane88

Hormat Supreme Grand Master Xnn.com...

Yes Sir Yes will sarpork your fav website

Cheerios.....SS08 ^_^

[snipeshot08]

Originally Posted by Hurricane88

haha...I nvr claimed that I can remember...

Errrm just asking nia nia never say you claimed anything leh......

Cheerios.....SS08 ^_^

[snipeshot08]

Originally Posted by Hurricane88

you won liao...anyway you hv last say...

Mai lah thats even worst means when I said its gayish it is actually correct....

Cheerios....SS08 ^_^

[snipeshot08]

Originally Posted by Hurricane88

ph is it...never mind lah...spontaneity is important...

Is it??? Oh then how much is the cabbage in NTUC nowadays???

Cheerios.....SS08 ^_^

[snipeshot08]

Originally Posted by Hurricane88

eh what you tokking...oh here tcss only...

Originally Posted by Hurricane88

dun need to put lah...money put there will get smaller...now interest rate only arun 6%...

Errrrm this "arun" is you post one mah, thats why I asking you who this "arun" is mah ......

Cheerios.....SS08 ^_^

[snipeshot08]

Originally Posted by Hurricane88

Why 40% of Vietnamese People Have the Same Last Name
Everyone knows a Nguyen, but how did that come to be?

By Dan Nosowitz MARCH 28, 2017

For most of us Asians it should be classify as "first name" and not "last name" like those eng mos but most cuntries always put like this.......

Cheerios.....SS08 ^_^

[Hurricane88]

Originally Posted by snipeshot08

Yes Sir Yes will sarpork your fav website

Cheerios.....SS08 ^_^

huh...tot was your website...I sapport...

[Hurricane88]

Originally Posted by snipeshot08

Errrm just asking nia nia never say you claimed anything leh......

Cheerios.....SS08 ^_^

oh lidat nia...hua hee bor...

[Hurricane88]

Originally Posted by snipeshot08

Mai lah thats even worst means when I said its gayish it is actually correct....

Cheerios....SS08 ^_^

you gayish sure correct n I sapport...

[Hurricane88]

Originally Posted by snipeshot08

Is it??? Oh then how much is the cabbage in NTUC nowadays???

Cheerios.....SS08 ^_^

cabbage from PRC is 18cts per 100 gram...cabbage Malai is 25cts per 100 gram...so how...

[Hurricane88]

Originally Posted by snipeshot08

Errrrm this "arun" is you post one mah, thats why I asking you who this "arun" is mah ......

Cheerios.....SS08 ^_^

everyone knew around lah...

[Hurricane88]

Originally Posted by snipeshot08

For most of us Asians it should be classify as "first name" and not "last name" like those eng mos but most cuntries always put like this.......

Cheerios.....SS08 ^_^

why why tell me why...

[Hurricane88]

Vietnamese farmers rush into raising catfish over Chinese demand

TUOI TRE NEWS
UPDATED : 04/02/2017 18:30 GMT + 7

A surge in demand for catfish from the Chinese market has led farmers in Vietnam’s Mekong Delta to grow a large volume of the type of fish, despite many warnings from experts.

As catfish prices have topped VND27,000 (US$1.18) per kilogram, the highest in several years, local residents are scrambling to begin farming the aquatic animal or switching from raising other types of fish.

The fad is triggered by the rising demand from the Chinese market, experts stated, warning that there is no guarantee that the market would keep purchasing for a long time.

A sudden drop in demand will potentially lead to heavy losses for local farmers, the experts said.

P., a catfish farmer in Ke Sach District, Soc Trang Province, stated that his family current owns three ponds of catfish and are looking to rent extra space to expand their operation.

“One of my friends from Ho Chi Minh City, who has no experience in farming fish, intends to buy some seven ponds to begin cultivating the fish,” P. continued.

Many households in Hong Ngu District, Dong Thap Province, have been switching from snakeheads, whose price has recently dropped, to catfish following the new trend, said Pham Thanh Nhi, head of the local agriculture office.

During an interview with Tuoi Tre (Youth) newspaper, Vo Hung Dung, vice-president of the Vietnam Pangasius Association, China has bought much more Vietnamese catfish over the years.

The Chinese market only accounted for three percent of the Southeast Asian country’s catfish exports in 2011, Dung said, adding that the number had exceeded 18 percent in 2016.

Despite such statistics, experts from the association are studying the market in order to provide helpful suggestions for businesses and farmers, according to Dung.

“Fish farmers should be cautious as catfish prices fluctuate more often than not,” Nguyen Minh Nhi, former chairman of the People’s Committee in An Giang Province, said.

The An Giang Department of Agriculture and Rural Development has encouraged local residents to join businesses in farming catfish.

The cooperation will help ensure that the fish would be sold out, preventing farmers from suffering losses.

[Hurricane88]

AirAsia plans Vietnam venture as travel demand surges

By VnExpress April 1, 2017 | 11:14 am GMT+7



The airline will contribute 30 percent in the $44 million venture, with two Vietnamese firms holding the rest.

Malaysian budget airline AirAsia said it will develop a low-cost carrier in Vietnam by teaming up with local businesses to catch up with the country’s travel boom.

AirAsia, the region’s biggest budget airline, has signed an agreement with Hanoi-based Gumin Co, Hai Au Aviation and Tran Trong Kien to form the venture, the airline said in a statement filed Friday to Malaysia's stock exchange. Kien runs the two Vietnamese businesses, Bloomberg said.

The venture, expected to start flying in early 2018, will need investments of VND1 trillion ($44 million), with AirAsia contributing 30 percent and Gumin holding around 70 percent, the statement said.

Vietnam’s aviation market grew 29 percent in 2016 with passengers reaching 52.2 million, the Civil Aviation Authority of Vietnam said. Low-cost carriers served 55 percent of passengers on domestic trips last year, it said.

"There is great potential for growth in Vietnam," AirAsia said in the statement, citing the country's fast-growing economy, a sizable population, and its ranking as Southeast Asia's fifth largest aviation market after Indonesia, Thailand, Malaysia and Singapore, apart from being the world's fastest growing aviation market in 2015-2016.

Bloomberg said Air Asia CEO Tony Fernandes, who seeks to build a pan-Asian budget airline, has interest in Vietnam as its growth in passenger traffic was triple the pace in other Southeast Asian nations.

But Brendan Sobie, Singapore-based chief analyst at CAPA Center for Aviation, forecast “huge challenges” for AirAsia as the market in Vietnam is now well served by two low-cost carriers VietJet and Jetstar Pacific. “AirAsia is very late to the party,” he told Bloomberg.

“The rate of growth will likely slow in the coming years as the market is now more mature,” he said.

AirAsia has established affiliates in Indonesia, Thailand, India and Japan, and has ordered hundreds of planes worth billions of dollars to meet its growth ambitions, Bloomberg said.