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Vietnam blocks new airlines until 2022 despite market duopoly

Hanoi prioritizes existing carriers Vietnam Air and VietJet

A Jetstar Pacific plane at Noi Bai International Airport in Hanoi: Qantas Airways plans to sell its stake in the carrier to joint venture partner Vietnam Airlines.   © Reuters

HANOI -- Vietnam plans to freeze approval for new entries to the airline industry until 2022, a move that threatens to solidify the virtual duopoly already in place.

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