Airfares on routes from North to South, such as Hanoi - Ho Chi Minh City, have started to cool down, dropping by up to half compared to 1-2 weeks ago.
According to reports, round-trip airfares from Hanoi to Ho Chi Minh City for the following weekend (March 15-17) have dropped to a low of 3.5 million VND, including taxes and fees. Compared to 1-2 weeks ago, this price is only half. The following week, round-trip fares on this "golden route" will be even lower, starting from just 3 million VND.
Similarly, for routes from Hai Phong , Thanh Hoa, and Vinh to Ho Chi Minh City, round-trip tickets on weekends (March 22-24) are also only from 3 million VND. About 10 days ago, flights to Ho Chi Minh City from these locations were mostly sold out or only business class tickets were available. In general, domestic airfare prices are expected to decrease further from the first week of April until before the April 30-May 1 holiday.
During the first weekend of April, round-trip airfares from Hanoi to popular tourist destinations such as Nha Trang, Da Lat, and Phu Quoc also dropped significantly. Specifically, the lowest round-trip fares were Hanoi - Phu Quoc from 3.4 million VND, Hanoi - Nha Trang from 3.5 million VND, and Hanoi - Da Lat from 3.6 million VND.
According to a media representative from a private airline, domestic airfares have started to decrease as the peak Tet holiday season has passed and passenger demand has cooled down. Similar to previous years, the period from now until the end of May (excluding the April 30th holiday) is the low season for domestic air travel. Prices typically rise again during the peak summer season, starting in early June.
This year, domestic air tickets remain scarce three weeks after the Lunar New Year due to a shortage of aircraft and reduced supply capacity for domestic airlines. Mid-week, the Civil Aviation Authority announced the recall of engines used on dozens of A321neo aircraft operated by Vietnam Airlines, Vietjet, and Bamboo Airways, and the grounding of their Embraer E190 fleets. According to the agency, these factors directly impact the transport capacity, fleet size, and supply capacity on domestic and international routes this year and throughout 2025.
The regulatory agency requires domestic airlines to proactively plan their operations and have contingency plans to supplement the number of aircraft needed due to engine repairs. During this period of fleet fluctuations, the agency requests that airlines publish daily lists of rescheduled flights so that passengers can plan their travel accordingly, and also comply with regulations on price transparency to prevent illegal fare increases.
Despite resource constraints, airlines are now facing slightly less pressure compared to last year, particularly regarding fuel costs. Currently, Jet A1 fuel is priced around $86 per barrel, compared to an average of around $114 per barrel last year. According to an airline executive, one of the key conditions for lower airfares is a decrease in fuel costs.
Anh Tú
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