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.

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.

VnEconomy-Thanh Thủy