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Vietnam Airlines

Vietnam’s state-owned firms in IPO drive

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Vietnam is planning a number of initial public offerings (IPOs) for the country's largest state-owned enterprises in 2014, as the government seeks to restructure...
Vietnam Airlines reports $25m profit for 2013

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Vietnam's national carrier Vietnam Airlines earned 533 billion dong ($25.3 million) in gross profit in 2013, beating its own annual target by 34 per...
HCMC airport bursting at the seams

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Vietnam’s largest airport, Ho Chi Minh City's Tan Son Nhat, has reached its designed capacity of 20 million passengers per year, three years sooner...
Window of opportunity for Royal Brunei

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Royal Brunei Airlines has always been quite a small player in Asia’s airline industry, but things seem to change now. With the advent of...
Vietnam Airlines signs big deal with General Electric

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A contract to buy 40 engines for its Boeing 787 Dreamliner fleet was signed between Vietnam Airlines and General Electric on October 28. In a...
Vietnam opens doors to investors in banks, telecom

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Vietnam's prime minister Nguyen Tan Dung said the government will allow greater foreign ownership of local banks of up to 49 per cent as...
Vietnam Airlines to select strategic investor

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Vietnam Airlines, the nation's national carrier planning for an IPO, said it will select a strategic investor as early as in the 4th quarter...
Vietjet plans for stock listing

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Vietnam's low-cost airline Vietjet said it is considering an initial public offering (IPO) "in 18 to 24 months"  to fund expansion after becoming profitable...
Vietnam Airlines ready for IPO in second quarter 2014

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Vietnamese national carrier Vietnam Airlines will launch its initial public offering, or IPO, by the end of the second quarter of 2014, a move...
Qatar Airways’ expansion in Southeast Asia to pay off

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Qatar Airways managed to tap the expanding air travel industry with targeted network extensions at a time when many other global long-haul carriers are suffering from exploding overhead costs and cuts in business travel budgets.
Vietnam seeks funds for airport upgrades

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Vietnam is calling for domestic and foreign private investment in its airports in line with its airport development programme, which aims to increase the...
Philippine Airlines lands deal in Cambodia

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Philippine Airlines (PAL), the Philippines' national carrier, is planning to take a 49 per cent stake in newly founded Cambodia Airlines, according to a...
Vietnam starts clean-up of state firms

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Vietnam will soon unveil a plan to revamp 52 state-owned conglomerates by selling stakes or unprofitable assets of most of them in an attempt...
Vietnam Airlines gets complete overhaul

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The Vietnam government has announced that it will initiate what it calls a comprehensive restructuring of the national carrier, Vietnam Airlines, by 2015. Under the...
VietJet starts regional expansion

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Vietnam's low-cost carrier VietJet is making its first expansion step outside of Vietnam and will launch flights between Ho Chi Minh City and Bangkok...
Dong

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Struggling with sharp price rises, bad bank debts and slowing growth, Vietnam has lost investors' confidence over the past years. Calling for firm action,...
Vietnam Airlines

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Vietnam Airlines revealed growth plans aiming at positioning the airline as the second largest in Southeast Asia behind Singapore Airlines. The expansion's funding should come...