The Ministry of Construction has proposed increasing the foreign ownership cap in Vietnam's new airlines to no more than 49%, up from the current limit of 34%.
The proposal is part of a draft decree on air transport aimed at attracting greater investment and reducing barriers to entry in the aviation sector.
According to the Civil Aviation Authority of Vietnam, the higher foreign ownership limit is intended to help domestic carriers secure additional capital, management expertise, and operational experience from international partners, while remaining aligned with Vietnam’s international commitments on market access.
The authority emphasized that the proposed 49% cap would not compromise domestic investors’ control of airlines or their decision-making authority, particularly in sensitive matters related to national security and air transport operations.
The move is expected to enhance the competitiveness and financial capacity of Vietnam’s aviation sector as it continues to recover and expand in response to rising travel demand.
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