14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
Log in
Business

Prime Minister okeys Sun Phuquoc Airway to boost island tourism

The launch of a new airline is expected to strengthen Phu Quoc Island's position as a major tourism hub in the region.

THE HANOI TIMES — A new airline, Sun PhuQuoc Airways (SPA), is expected to be unveiled soon, marking a milestone for the country's aviation sector and the development of Phu Quoc Island as a premier tourist destination.

Prime Minister Pham Minh Chinh on May 20 approved the investment proposal for SPA, an aviation company under Sun Group, one of Vietnam's leading private conglomerates. The airline will operate with a registered investment capital of VND2.5 trillion (US$96.3 million) and a planned fleet of 31 aircraft by 2030.

Rendered image of the Sun PhuQuoc Airways project.

The airline will focus on passenger transport and charter services, connecting Phu Quoc Island in the southern province of Kien Giang with major economic and tourism centers in Vietnam and abroad.

The first commercial flights are expected to begin in the fourth quarter of this year, increasing the island's accessibility and appeal to both domestic and international travelers.

Sun Group currently operates Sun Air, a private jet charter service catering to a high-end clientele.

With this addition, Vietnam will have seven commercial airlines, including Vietnam Airlines, Vietjet Air, Bamboo Airways, Vietravel Airlines, Pacific Airlines, and VASCO.

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam Airlines posts record US$309 million profit in 2024

Vietnam Airlines posts record US$309 million profit in 2024

01 Apr, 20:47

THE HANOI TIMES — Vietnam Airlines, the national flag carrier, in its audited report made a record profit of over VND7.9 trillion (US$309 million) in 2024, its highest profit ever, driven by strong revenue growth, particularly a 17.2% year-on-year surge in international revenue amid the global aviation rebound.

Spring Fair 2026 draws visitors on Hanoi traditional crafts through hand-on experiences

Spring Fair 2026 draws visitors on Hanoi traditional crafts through hand-on experiences

Hanoi’s Spring Fair 2026 highlights traditional craft villages through interactive experiences, market expansion and digital promotion efforts ahead of Tet.

Hanoi unveils space promoting local brands

Hanoi unveils space promoting local brands

The venue will serve as a dedicated center honoring the finest Vietnamese brands and linking them with consumers via both in-person experiences and online channels.

Hanoi tipped as emerging rail industry hub

Hanoi tipped as emerging rail industry hub

The rail industry complex is expected to serve as the central pillar of a new era for the sector, marked by the emergence of high-speed rail and expanded urban rail networks.

Regional specialties drive strong sales at Spring Fair 2026

Regional specialties drive strong sales at Spring Fair 2026

Food and specialty booths at Spring Fair 2026 are drawing strong crowds and sales as Tet approaches, reflecting rising demand for Vietnamese regional products with clear origins and trusted quality.

Hanoi launches product showcase spaces linked to Spring Flower Fairs ahead of Tet

Hanoi launches product showcase spaces linked to Spring Flower Fairs ahead of Tet

The program ranks among the city’s key trade promotion activities, aiming to stimulate domestic consumption, stabilize the market.

Vietnam to tax crypto asset transfers at 0.1%

Vietnam to tax crypto asset transfers at 0.1%

This approach mirrors the current tax calculation applied to securities transactions.

Hanoi craft exhibition showcases Tet goods as shopping demand rises

Hanoi craft exhibition showcases Tet goods as shopping demand rises

Featuring 100 booths, the exhibition brings together artisans and businesses from Hanoi and neighboring provinces, presenting handicrafts, gifts, decorations and specialty foods, while promoting craft villages and stimulating consumption ahead of the 2026 New Year.

Vietnam establishes support body for International Financial Center Council

Vietnam establishes support body for International Financial Center Council

Beyond internal coordination, the support body undertakes international cooperation, information and communication activities.