Vietnam’s aviation sector is rolling out a range of measures to help airlines cope with rising fuel costs, as geopolitical tensions in the Middle East push prices higher.
The Airports Corporation of Vietnam (ACV) is urgently studying plans to reduce fees for certain aviation services subject to State-regulated price ceilings. The proposal is based on a review of operational conditions at airports and aims to balance the interests of infrastructure operators and airlines while easing cost pressures.
At the same time, the Vietnam Air Traffic Management Corporation (VATM) is optimizing airspace use, improving traffic flow management and strengthening coordination with regional partners. These efforts are designed to help airlines select more efficient routes and avoid congested airspace, thereby reducing fuel consumption and operational costs.
The Civil Aviation Authority of Vietnam said the recent rebound in aviation fuel prices stems largely from escalating geopolitical tensions in the Middle East, particularly after stalled negotiations between the United States and Iran. The developments have heightened concerns over potential disruptions to global energy supplies, driving up crude oil and refined fuel prices.
Authorities expect the combined measures to help stabilise the aviation market and support airlines in maintaining operations amid ongoing cost pressures.
Earlier this week, global aviation fuel markets resumed an upward trend after a prior correction. In Asia, Jet A-1 (FOB Singapore) rose to about $214–216 per barrel, up more than $3 from the previous session, with gains also seen in the Republic of Korea and the Gulf.
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