Vietnam Domestic Airfare to Hike Again

By Lang Thang.

On 14Sept2011, Vietnam Transport Ministry has approved the submission by Vietnam Airlines to increase the ceiling airfare for flights within the country by 1.5 times compared to the current ceiling prices. This approval allows the air carriers in Vietnam to cover increasing input costs and to diversify the air tickets classes. With the new ceiling prices, the average domestic airfare in Vietnam would increase by 15%.

 

Earlier in April 2011, Vietnam Transport Ministry has increased the ceiling prices for domestic airfare which resulted in the 22-25% increase in Vietnam domestic airfare already.  Vietnam has been having high inflation in 2011 which is estimated at 19-23%.