Vietnam Airlines handed control of Jetstar Pacific

Vietnam Airlines has tightened its grip on domestic aviation by taking a majority stake in Qantas-affiliated Jetstar Pacific.

Vietnam's national carrier will be handed the government's stake in the loss-making budget airline.

The 70 percent stake was held by the government's State Capital Investment Corporation (SCIC) with the remainder owned by Qantas (27 percent) and Saigontourist.

Despite restructuring, Jetstar Pacific has continued to rack up losses.

Vietnam Airlines will appoint its representatives on Jetstar Pacific's board of directors.

Vietnam Airlines already accounts for 80 percent of the local aviation market share, followed by Jetstar Pacific with around 17 percent.

The capital transfer is scheduled for completion before February 15.

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They say "

“I can’t say what made me fall in love with Vietnam - that a woman’s voice can drug you; that everything is so intense. The colors, the taste, even the rain. Nothing like the filthy rain in London. They say whatever you’re looking for, you will find here. They say you come to Vietnam and you understand a lot in a few minutes, but the rest has got to be lived. The smell: that’s the first thing that hits you, promising everything in exchange for your soul. And the heat. Your shirt is straightaway a rag. You can hardly remember your name, or what you came to escape from. But at night, there’s a breeze. The river is beautiful. You could be forgiven for thinking there was no war; that the gunshots were fireworks; that only pleasure matters. A pipe of opium, or the touch of a girl who might tell you she loves you. And then, something happens, as you knew it would. And nothing can ever be the same again.”
― Graham Greene, The Quiet American

Tips on Travel to Vietnam

It's always warm in Southeast Asia apart from high mountains, so leave the heavy clothing at home. Cotton and breathable fabrics are always better than synthetics -- although cotton does wrinkle a lot when traveling! December through April is roughly the dry season in that region, although it can still rain a little. December is a good time to go in terms of temperature -- cooler than in the humid summertime. Either way, wearing more clothing (shirt sleeves and long pants) is always more respectful towards the Asian culture, especially when visiting temples and rural areas.