Sunday , May 19 2024

Recent Posts

Only 40 pct of international air routes have resumed: official

Vietnamese airlines have resumed flights on only 40 percent of international routes as many countries continue to have entry restrictions, an aviation official said. Dinh Viet Thang, head of the Civil Aviation Authority of Vietnam, said at a meeting Friday that the aviation industry targets full restoration of international services …

Read More »

FLC posts $47.6 mln loss in H1

FLC posts $47.6 mln loss in H1

Conglomerate FLC, some of whose top managers were arrested for alleged stock market manipulation, reported a loss of VND1.11 trillion ($47.6 million) in the first six months. Revenues were down 60 percent to VND1.71 trillion, as sales of property and services plunged by half. The arrest of former chairman Trinh …

Read More »

Vietnam Airlines cuts losses by nearly half

Vietnam Airlines cuts losses by nearly half

Vietnam Airlines managed to cut its losses by 44 percent year-on-year in the second quarter to VND2.48 trillion ($106.25 million), thanks to soaring summer travel demand. Its revenues nearly tripled to VND18.43 trillion, exceeding its target by 35 percent. This was the highest quarterly revenue since 2020 when travel was …

Read More »