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In its third-quarter result, Vietnam Airlines posted a decline of more than 70 per cent to 7.6 trillion dong in consolidated revenue. It reported a loss of nearly four trillion dong in profit after tax. VIETNAM NEWS AGENCY/VIET NAM NEWS
Vietnam Airlines to raise up to $347M
Tue, 19 January 2021
Vietnam s State Capital Investment Corp (SCIC) plans to invest eight trillion dong ($347 million) in Vietnam Airlines JSC (HVN). The amount is equal to 25 per cent of HVN’s charter capital.
SCIC director-general Nguyen Chi Thanh told a press conference on January 14: “Vietnam Airlines will issue eight trillion dong in shares to existing shareholders to raise its charter capital. And SCIC, representing the government, will buy the shares.”