Price ceilings on economy tickets for domestic air routes operated exclusively by one airliner will go up next week, according to a decision approved by the Ministry of Finance Friday.
The ceiling on routes longer than 1,280 kilometers will go up to VND2.72 million (US$130.42) from the current VND1.82 million ($87.22).
A ministry announcement said the ceiling prices will vary according to the distance. For routes less than 300 kilometers, the maximum price will be VND863,636 ($41.41).
The prices, which take effect next Wednesday, do not include value added tax.