Flying taxis, airborne delivery services, or even 3D cities are no longer sci-fi fantasies confined to movie screens. Today, they represent an emerging “gold mine.” Yet in Vietnam, these “wings” remain trapped in a “cage” known as the legal framework. In search of solutions to unlock the low-altitude economy, we spoke with Dr. Le Net (LNT & Partners Law Firm), who holds strong views on the need to build management infrastructure before “throwing the skies wide open.” Flying as the default, bans as the exception The Saigon Times: The concept of the low-altitude economy is still relatively new to most people. Could you explain, in the plainest terms, what this field is and the related concepts, especially in terms of applications? Some argue that the term “low-altitude economy” is not precise and could be misleading, and that it should be called more fully the “low-altitude aviation economy”… Dr. Le Net: The low-altitude economy has not yet been defined in the 2025 Civil Aviation Law, which will take effect on July 1, and we hope it will be defined in the implementing decree—which, as we know, must be ready before July 2026. Low-Altitude Economy (LAE) is commonly understood as economic activities […]
Flying taxis, airborne delivery services, or even 3D cities are no longer sci-fi fantasies confined to movie screens. Today, they represent an emerging “gold mine.” Yet in Vietnam, these “wings” remain trapped in a “cage” known as the legal framework. In search of solutions to unlock the low-altitude economy, we spoke with Dr. Le Net (LNT & Partners Law Firm), who holds strong views on the need to build management infrastructure before “throwing the skies wide open.” Flying as the default, bans as the exception The Saigon Times: The concept of the low-altitude economy is still relatively new to most people. Could you explain, in the plainest terms, what this field is and the related concepts, especially in terms of applications? Some argue that the term “low-altitude economy” is not precise and could be misleading, and that it should be called more fully the “low-altitude aviation economy”… Dr. Le Net: The low-altitude economy has not yet been defined in the 2025 Civil Aviation Law, which will take effect on July 1, and we hope it will be defined in the implementing decree—which, as we know, must be ready before July 2026. Low-Altitude Economy (LAE) is commonly understood as economic activities […]
Flying taxis, airborne delivery services, or even 3D cities are no longer sci-fi fantasies confined to movie screens. Today, they represent an emerging “gold mine.” Yet in Vietnam, these “wings” remain trapped in a “cage” known as the legal framework. In search of solutions to unlock the low-altitude economy, we spoke with Dr. Le Net (LNT & Partners Law Firm), who holds strong views on the need to build management infrastructure before “throwing the skies wide open.” Flying as the default, bans as the exception The Saigon Times: The concept of the low-altitude economy is still relatively new to most people. Could you explain, in the plainest terms, what this field is and the related concepts, especially in terms of applications? Some argue that the term “low-altitude economy” is not precise and could be misleading, and that it should be called more fully the “low-altitude aviation economy”… Dr. Le Net: The low-altitude economy has not yet been defined in the 2025 Civil Aviation Law, which will take effect on July 1, and we hope it will be defined in the implementing decree—which, as we know, must be ready before July 2026. Low-Altitude Economy (LAE) is commonly understood as economic activities […]
Vietnam’s economy saw a series of landmark developments in 2025, from major policy decisions and administrative reforms to infrastructure milestones and the establishment of...
Vietnam’s economy will experience both positive and negative impacts. The country must adopt suitable and strategic policies to seize opportunities and mitigate risks over...
HCMC – Vietnam is targeting double-digit economic growth during the 2026-2030 period, Prime Minister Pham Minh Chinh announced at a government meeting on December...
That credit institutions are required to publicize their average interest rates for loans may be used as a tool to compete for customers.
Interest rates...
The average gross domestic product (GDP) growth in 2010-2022 is 6.1%. However, this period should be divided into the pre- and post-Covid-19 periods.
The average...