Airfare hikes to be inspected
The Civil Aviation Authority of Vietnam (CAAV) has set up a team to inspect flight ticket sales following a request from the Ministry of Transport.
The ten-member inspection team led by CAAV deputy head Do Hong Cam will investigate the implementation of declaration, pricing, transparency and disclosure of information regarding airfares of local airlines between January 1 and May 4.
The move came after Minister of Transport Nguyen Van Thang requested CAAV to conduct a thorough review and immediate inspection of flight ticket sales amid reports of high prices affecting travel demand.
Thang said the recent surge in domestic airline ticket prices directly impacted public travel demand, especially during peak periods such as Reunification Day (April 30) and May Day holidays.
Airfares increased by 50 percent during the five-day holiday, usually the second-largest holiday in Vietnam after the Tet Lunar New Year.
According to data from travel firm BestPrice, flights on the Hanoi-Quy Nhon route during the holidays were more than 1.5 times than usual.
The cheapest ticket on the Hanoi-Da Nang route was VND4.80 million, 1.4 times the current fare.
From HCM City, the cheapest tickets to Phu Quoc and Nha Trang doubled to VND3.80 million and VND4.60 million.
HCM City-Hanoi trips cost around VND4.30 million, VND1 million higher than usual weekday fares.
The CAAV inspections intend to strengthen state management, closely manage airfares, stabilise prices, and ensure the harmony between economic and social development objectives per the government policies.
Air authorities must promptly give directions, rectify and handle violations and ensure that airfares stay within regulations.
CAAV is requested to report the results to the ministry before May 10.
Airports under the management of the CAAV said they served nearly 1.8 million passengers, including 667,631 international visitors (up 31.16 percent compared to 2023) during the recent holiday.
The ten-member inspection team led by CAAV deputy head Do Hong Cam will investigate the implementation of declaration, pricing, transparency and disclosure of information regarding airfares of local airlines between January 1 and May 4.
The move came after Minister of Transport Nguyen Van Thang requested CAAV to conduct a thorough review and immediate inspection of flight ticket sales amid reports of high prices affecting travel demand.
Thang said the recent surge in domestic airline ticket prices directly impacted public travel demand, especially during peak periods such as Reunification Day (April 30) and May Day holidays.
Airfares increased by 50 percent during the five-day holiday, usually the second-largest holiday in Vietnam after the Tet Lunar New Year.
According to data from travel firm BestPrice, flights on the Hanoi-Quy Nhon route during the holidays were more than 1.5 times than usual.
The cheapest ticket on the Hanoi-Da Nang route was VND4.80 million, 1.4 times the current fare.
From HCM City, the cheapest tickets to Phu Quoc and Nha Trang doubled to VND3.80 million and VND4.60 million.
HCM City-Hanoi trips cost around VND4.30 million, VND1 million higher than usual weekday fares.
The CAAV inspections intend to strengthen state management, closely manage airfares, stabilise prices, and ensure the harmony between economic and social development objectives per the government policies.
Air authorities must promptly give directions, rectify and handle violations and ensure that airfares stay within regulations.
CAAV is requested to report the results to the ministry before May 10.
Airports under the management of the CAAV said they served nearly 1.8 million passengers, including 667,631 international visitors (up 31.16 percent compared to 2023) during the recent holiday.
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