Vietnam Govt Should Allow Airlines to Decide Airfares
The government of Vietnam should allow all air tickets and air freight rates to be set by carriers basing on the market demand, subject to approval by the state, the Saigon Liberation reported, citing Deputy Prime Minister Nguyen Sinh Hung.
Deputy PM Hung said the Ministry of Transport should provide a report on his proposal to the National Assembly Standing Committee this month.
The government should ask the National Assembly to consider the proposal at its meeting next May and amend clause 11 on fees and prices of aviation services and clause 116 on the air freight rates in the Law on Civil Aviation, Hung said.
The finance and transport ministries have already promulgated the “new mechanism on managing domestic plane tickets” to lift the price cap on domestic airline fares on routes subject to competition.
On routes operated by more than two airlines, such as Hanoi – HCMC and Hanoi – Danang, airlines can set their own prices, after registering the prices with the Ministry of Finance and Aviation Administration of Vietnam.
Ticket prices for these routes are expected to fluctuate according to demand. (Saigon Liberation)
Vietnamese
