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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.

The chilled business climate caused by the novel coronavirus makes supporting existing airlines the top priority, Transport Minister Nguyen Van The said.

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