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NEWS UPDATES Asean Affairs         7  July 2011

Vietnamese aviation regs raise capital riles

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A draft decree on aviation regulations is currently being considered by the Civil Aviation Administration of Viet Nam.

Under the draft, organisations and individuals with a fleet of up to 10 aircraft would be required to have a minimum of VND300 billion (US$15 million) in charter capital to operate domestic flights and VND800 billion ($40 million) to operate international flights.

The draft to amend Government Decree 76 on aviation regulations would require companies planning to operate more than 10 aircraft to have a minimum charter capital of VND1 trillion ($50 million) in comparison with the current VND800 billion ($40 million).

If the draft is approved, the tenure of each carrier's business licence would be cut from 24 months to 18 months.

A number of stringent new regulations have been included in the draft which is expected to be submitted to the Government for approval by the fourth quarter.


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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


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