Ministry to set up Airport Corporation of Vietnam

The Ministry of Transport has decided to establish the Airport Corporation of Vietnam after a merger of the Northern, Central and Southern Airport Corporations.

The new Airport Corporation will operate as an autonomous state-owned company with an initial chartered capital of VND14, 693 billion.

The Corporation will be responsible for the financial management of airports, the various air services, security and safety at airports, and for the import and export of aviation equipment.

By T.Trinh – Translated by T.Huong

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