Foreign firm plans private air carrier in Vietnam

The Hanoi-based T&C Investment Joint Stock Company sent an open letter last week to VCA revealing that a plan would be submitted to authorize agencies in the near future.

Established in 2006 with a chartered capital of US$6.25 million by Goldkey International Company and TAIT Asia Ltd, T&C specializes in technology and construction products and services and logistics.

VCA said it has also received a proposal from the local firm Vietjet Aviation Joint Stock Company.

Before T&C and Vietjet, the Saigon Aviation Joint Stock Company (Sai Gon Airlines) had expressed its wish to establish a private airline.

Also recently, Malaysia’s AirAsia, the largest budget airline in Southeast Asia, has signed an agreement with Vinashin, Vietnam’s largest shipbuilder to establish a joint venture no-frills carrier in the country.

Thanh Nien Daily, Vietnam