English
"King of shrimp" Minh Phu faces loss on fierce competition against Ecuadorean, Indian rivals
Minh Phu's difficulties show that Vietnam's shrimp industry needs a new development strategy in a more sustainable way.
Loss Tin tức
Bamboo Airways suffers a heavier loss than Vietnam Airlines and Vietjet Air in 2022
In 2022, Bamboo Airways recorded a loss of VND17.6 trillion ($748 million), which is nearly $84 million more than the combined deficit of Vietnam Airlines and Vietjet Air.
-
11/04/2023 - 23:30Insurer Manulife records $236 mln loss after 25 years in Vietnam
Canada-headquartered life insurer Manulife made an accumulated after-tax loss of nearly VND5.53 trillion ($236 million) by the end of 2022 after nearly 25 years in Vietnam.
-
14/10/2021 - 14:12Vietnam Airlines to organize an extraordinary shareholder meeting
Vietnam Airlines has announced to hold an extraordinary general meeting of shareholders on November 30, 2021.
-
09/01/2021 - 00:09Vietnam Airlines gets gov’t approval for $173 mln loan to weather COVID-19 ...
Vietnam Airlines has got government’s approval for VND4 trillion ($173 million) refinancing loan with preferential rate at zero percent, Dau Tu Newspaper cited informtion from the government official letter.
-
07/01/2021 - 11:3932.1 million Vietnamese workers hurt by Covid-19 in 2020
The unprecedented impacts of the Covid-19 pandemic have forced 32.1 million Vietnamese workers aged 15 or above to either lose their jobs or have their working hours reduced in 2020.
-
30/12/2020 - 21:36Vietnam Airlines to issue $346 mln in shares to support recovery
Vietnam Airlines said it would issue nearly $346 million worth of shares for existing stakeholders to boost its recovery from the impacts of the coronavirus pandemic and return to profitability by 2023.
-
29/12/2020 - 14:34Vietnam Airlines estimates $620 mln loss in 2020, lower than expected
National flag carrier reported a loss of VND14,445 billion ($620 million) in 2020, lower than expectation, company leaders told the extraordinary shareholder meeting held on Tuesday.
-
13/10/2020 - 15:42Vietnam Airlines reports $463mln losses in 9 months
Vietnam’s national flagged carrier Vietnam Airlines said it suffered VND10,750 billion ($463 million) losses in the first nine months of this year since the Covid-19 pandemic hit aviation sector.
-
12/10/2020 - 14:0812 ailing state-managed projects mired in $2.7 bln debt
Several state-owned companies have lost money and piled up over VND63.3 trillion ($2.73 billion) worth of debts as a result of poor execution of 12 factory construction and expansion works.
-
18/08/2020 - 14:53Domestic airlines ask for Government loan of $1.16 billion
The Vietnam Aviation Business Association has proposed the Government lend domestic airlines a credit package of VND25 trillion-VND27 trillion ($1.07 billion-$1.16 billion) at a preferential interest rate for a three-four year term.
-
15/08/2020 - 08:52Vietnam Railways posts first H1 loss in a decade
The Vietnam Railways Corporation (VNR) has posted a H1 pre-tax loss of VND304 billion ($13 million) this year, the first such instance in a decade.
-
10/08/2020 - 15:10Vietnam Airlines to borrow Government VND4 trillion to overcome ...
Vietnam Airlines is completing documents to seek Government’s approval for borrowing VND4 trillion ($172 million) to overcome the difficulties caused by coronavirus pandemic, Chairman Pham Ngoc Minh told Monday shareholders’ meeting.
-
31/07/2020 - 19:34Vietnam Airlines reports Q2 after-tax loss at nearly $174mln on Covid-19 ...
Pandemic has taken a heavy tolls on Vietnam national flagged carrier Vietnam Airlines, which suffered VND4,030 billion ($173.8 million) loss in second quarter, according to the company’s consolidated earning report.
-
02/06/2020 - 22:41FLC Group projects 2020 loss at $84mln on COVID-19 pandemic
FLC Group expects an after-tax loss at VND1,957 billion ($84 million) in 2020 since the company has been severely hit by coronavirus pandemic, according to documents prepared for annual shareholders’ meeting.
