Hanoi (VNS/VNA) - The State Capital Investment Corporation (SCIC) plans to invest 8 trillion VND (approximately 345.6 million USD) in Vietnam Airlines JSC (HVN). The amount is equal to 25 percent of HVN’s charter capital. “Vietnam Airlines will issue 8 trillion VND in shares to existing shareholders to raise its charter capital. And SCIC represents the Government to buy the shares,” Nguyen Chi Thanh, General Director of SCIC, said during a recent press conference. The two sides had a meeting to work out the HVN share price, Thanh added. Vietnam Airlines is creating a share offering plan to raise its charter capital and needs to get opinions from the State Securities Commission of Vietnam. Meanwhile, SCIC’s mission is to price HVN's share value. In order to define the share offering price, Vietnam Airlines has to evaluate its own value based on its five-year business plan. But COVID-19 is a biggest challenge for the … [Read more...] about SCIC pours up to 345.6 million USD in Vietnam Airlines
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As travel demand surges, Vietnamese airlines plan more late-night flights during holiday season
“It’s the Lunar New Year after all, [I can] wake up earlier for the 4:30 am flight in order to land at Da Nang at 6:00 am. The crowd at the check-in counter would be less intense at that hour. Once I reach the arrival airport, I can board a bus and go straight back home,” Ty said. … [Read more...] about As travel demand surges, Vietnamese airlines plan more late-night flights during holiday season
Vietravel Airlines to start flying next Monday
Vietravel Airlines has hired some 200 pilots and flight attendants, and is looking to expand its fleet to 30 to prepare for international operations, flying to Southeast Asia, especially Thailand, the Middle East and Northeast Asia, markets that Vietravel, the travel company that owns it, serves. … [Read more...] about Vietravel Airlines to start flying next Monday
Covid-19 infectee illegally entering Vietnam faces criminal charges
On December 24, the six people and three other women crossed into Vietnam through the Long Binh border gate in the Mekong Delta province of An Giang. Tri returned to his house n Vinh Long Province, a 32-year-old woman went to Dong Thap Province. The remaining seven people went to HCMC. … [Read more...] about Covid-19 infectee illegally entering Vietnam faces criminal charges
Vietravel Airlines to offer 50,000 tickets at zero dong starting today
Chairman of Vietravel Airlines told the Saigon Times that the carrier has not announced its detailed ticket prices for commercial flights. Its airfare will be lower than that offered by national flag carrier Vietnam Airlines, but will be higher than that of local low-cost carrier Vietjet Air on some routes. … [Read more...] about Vietravel Airlines to offer 50,000 tickets at zero dong starting today