Vietnamese company imports four private aircraft

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Four private aircraft imported by a local company have arrived at a northern Vietnamese port.

Hai Phong customs officials said the shipment includes two flat wing planes made by Czech manufacturer ATEC and two helicopters from the US's Rotoway, news website VnExpress said Wednesday.

The two-seat aircraft were imported by the private technology company Hanh Tinh Xanh (Green planet) for domestic use.

Their prices have not been disclosed to customs, VnExpress said.

Besides the 10 percent value added tax, aircraft imports in Vietnam are subject to the special consumption tax of 30 percent.


Private helicopters tiny, but emerging market, supplier says

Vietnam has at least two private aircraft belonging to Doan Nguyen Duc, one of the country's richest men and owner of Vietnam's second largest listed real estate firm Hoang Anh Gia Lai, and Tran Dinh Long, who owns Hoa Phat Group, Vietnam's largest listed steel producer.

Duc claims to spend around VND300 million (US$14,300) every month operating his $5.1 million plane.

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