The Vietnamese domestic aviation sector, formerly restricted to state ownership, has recently been opening up to foreign investment. In August 2017, the government announced a two-year plan for substantial further divestment of state-owned shares in domestic and international airport operators and airlines, which looks set to provide even greater opportunities for foreign businesses.
Thomas Treutler, partner and managing director of Tilleke & Gibbins’ Vietnam offices, was interviewed by Vietnamese Investment Review (VIR) on this subject for an article entitled “State-owned aviation firms soon for heavy divestment.” He is quoted as saying that investment in well-established Vietnamese airlines ought to be appealing to investors, and that a recent boom in affordable domestic travel in Vietnam means it “certainly has the potential for continued development and can be a lucrative investment.”
VIR, and its Vietnamese-language sister newspaper Đầu tư, are the leading economics and business newspapers in Vietnam, aimed at both domestic and international business readers. If you would like to read the full article, please visit the VIR website.