We attended ACV’s AGM on June 22, 2019, in Ho Chi Minh City. As various State decisions and approvals remain pending, there continues to be limited visibility on major issues affecting ACV such as clarity of runway ownership, timing of runway maintenance, collection of take-off and landing fees (T-O/L), concession allocation and timing of major airport projects, and the timing of ACV’s HOSE listing and the Ministry of Transport’s (MoT) stake sell-down.