Beautiful vietnam

During the current outbreak, Vietnam Airlines reported that they may suffer a loss of VND15trn (USD645m) in 2020. In the financial report, Vietnam Airlines announced that they will be able to operate only 14.5 million flights this year, a 36.8% decrease compared to last year. The carrier will carry 2 million international passengers and 12.3 million domestic passengers. Revenue for 2020 is estimated at VND40.6trn (USD1.7bn) or 40.5% of 2019's revenue. The mother company alone will suffer losses of VND14.4trn and a revenue fall of 56.4%. The data excluded unsuccessful activities like when they failed to sell two Airbus 321s in June and six Airbus 321s in late 2020. The pandemic has depleted cash flow and caused huge losses. As a result, Vietnam Airlines said they have applied various measures to cut costs, negotiate with EU export credit agency and local banks. They have also asked the government to provide support to overcome the difficulties. Moreover, Vietnam Airlines must carry … [Read more...] about Vietnam Airlines plans to sell off aircraft to save losses

The Bac Giang-born patient, 33, travelled to Da Nang City, the epicenter of the current coronavirus outbreak, together with five other family members in late July. Upon returning from the trip, the five other members tested positive for the SARS-Co-V-2 virus and she herself was later diagnosed with the virus.    … [Read more...] about COVID-19: Two more cases detected, Vietnam has 812 in total

Nguyen Quoc Ky, chairman of leading tourism company Vietravel, said that leaving the market will make it almost impossible to come back. Companies need to do all they can to survive and to keep their brands alive, otherwise they will have no chance when the situation improves, he said. … [Read more...] about Second Covid-19 wave tougher for business: corporate leaders

According to Euromonitor, tea and coffee chains in Vietnam have revenue of $1 billion a year, but mid- and high-end chains only make up 15-20 percent. According to Euromonitor, tea and coffee chains in Vietnam have revenue of $1 billion a year, but mid- and high-end chains only make up 15-20 percent. … [Read more...] about High-end brands target mid, low-end market to offset revenue losses

Miss Vietnam 2016 Do My Linh and Miss World Vietnam 2019 Luong Thuy Linh sent 50 million VND (2,100 USD) and 20 million VND, respectively, to the concert. They raised more than 247 million VND from individuals and organisations. All of the proceeds will be sent to the Da Nang Department of Labour, Invalids and Social Affairs and the Vietnam Fatherland Front Central Committee in Da Nang.  … [Read more...] about Online concert to raise funds for doctors in COVID-19 fight