Proposed Vietnamese Airline Scrapped Months Before Launch

Vinpearl Air, a proposed Vietnamese airline set to launch in summer 2020, is being scrapped. Its would-be owner, Vingroup JSC, plans instead to focus on technology and manufacturing businesses, including developing electric vehicles (EVs). Plans for Vinpearl Air were announced last year. In Aug. 2019, Vingroup said the carrier had been approved to launch operations; it planned to start flying during this year’s summer season. “The aviation market of Vietnam has a lot of potential and is developing strongly, but…