Vietnam plans to raise airline foreign ownership cap
The Vietnamese government is considering increasing the foreign ownership limit for local carriers from 34% to 49% to attract capital and expertise. Airlines are also set to further adjust operations as jet fuel prices have risen by 88% since late February.
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Vietnam is planning to raise the foreign ownership limit for domestic airlines from 34% to 49%. The proposal follows an 88% surge in jet fuel costs and aligns with signed free trade agreements. Higher caps allow carriers to attract capital and modern technology to offset rising operational pressures.
