Thanh said Vietnam Airlines has taken up the issue of funding with All Nippon Airways, which owns a 8.6 percent stake in it, but since the Japanese carrier is also in trouble it cannot provide loans now. … [Read more...] about Vietnam Airlines wants $500 mln government bailout
Vietnam airlines business class a321
Vietnam Airlines may face liquidity shortage from virus impact
The company will lose 50 trillion dong ($2.16 billion) in revenue this year due to the impact of the pandemic, Thanh said in the news release, which was issued after Monday’s meeting of government economic advisors. … [Read more...] about Vietnam Airlines may face liquidity shortage from virus impact
Vietnam Airlines continues expansion of domestic flight network
Since May when the novel coronavirus (COVID-19) epidemic was brought under control in the country, Vietnam Airlines has opened 22 routes additional routes, raising the airline’s domestic network to 61, with a frequency of nearly 500 flights daily during peak days. … [Read more...] about Vietnam Airlines continues expansion of domestic flight network
Vietnam Airlines launches seven new flight routes
“These are all routes connecting Vinh and Hai Phong with the most attractive tourist destinations of Viet Nam. We hope that these routes will contibute to accelerating the development of Vinh and Cat Bi airports and promoting tourism as well as economic growth of Nghe An Province and Hai Phong City. … [Read more...] about Vietnam Airlines launches seven new flight routes
Foreign investors confident in Vietnam’s business environment: official
Deputy Minister of Planning and Investment Vu Dai Thang said while the global flows of foreign direct investment (FDI) could decline by up to 40 percent in 2020 due to the impact of the pandemic, the FDI attraction in Vietnam in the first six months remained positive. Specifically, in January-June, the total amount of capital registered by foreign investors reached 15.67 billion USD, a year-on-year drop of 15.1 percent. However, the newly-registered and added capital increased 13.8 percent and 26.8 percent to reach 8.43 billion USD and 3.72 billion USD, respectively. “These are positive signs, showing the confidence of foreign investors in the business environment in Vietnam,” Thang said. Particularly, Vietnam is home to over 32,000 projects worth 378 billion USD from 136 countries and territories. While countries across the world are still in the fight against COVID-19, Vietnam has resumed business activities as usual and become one of the first countries to diversify … [Read more...] about Foreign investors confident in Vietnam’s business environment: official
