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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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