Vietnam Airlines completes share sale deal to Japanese group

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SaiGon GP English 3 day(s) ago

Vietnam Airlines completes share sale deal to Japanese group

National flag carrier Vietnam Airlines has completed a deal to sell 8.77 percent shares to Japan’s largest airline ANA Holding Inc and earned VND2,431 billion (US$108 million), announced Citi and Morgan Stanley yesterday.

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VN Airlines certified as four-star airline

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Báo điện tử CP English 2 week(s) ago

VN Airlines certified as four-star airline

VGP – Viet Nam Airlines has been certified as a four-star airline by SkyTrax at the annual World Airline Award in London, the United Kingdom (UK) on July 12.

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Seoul-Da Nang direct air route launched

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Báo điện tử CP English 3 week(s) ago

VGP - T'way Air, a low-cost airline from the Republic of Korea (RoK), officially launched direct flights from Seoul to Viet Nam’s Da Nang on July 1.

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Da Nang-Bangkok air route launched

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Báo điện tử CP English 1 month(s) ago

Da Nang-Bangkok air route launched

VGP – The national flag carrier Viet Nam Airlines officially opened a new air route linking central Da Nang city and Thailand’s Bangkok on June 26.

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Capital requirements drafted for new airlines

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Báo Đầu Tư English 1 month(s) ago

Capital requirements drafted for new airlines

The Ministry of Transport has submitted a draft decree on conditional business lines. According to the draft, a new airline must have capital of at least VND100 billion (US$4.66 million).

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Direct flights to Cambodia, Thailand launched

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Báo điện tử CP English 1 month(s) ago

VGP-The tour operator Vietravel has coordinated with other local airlines to launch two new direct flights to Sihanoukville (Cambodia) and Bangkok (Thailand).

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Corporate taxes remains largest funding source for state budget

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Báo Dân Trí English 2 month(s) ago

Corporate taxes remains largest funding source for state budget

The state budget will mainly rely on contributions from corporate taxes according to a local official.

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Vietstar Airlines waits for government approval

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SaiGon GP English 4 month(s) ago

Vietstar Airlines waits for government approval

The Ministry of Transport has asked the government to grant an air transport business licence for Vietstar Airlines Multirole Corporation (Vietstar Airlines) to operate as a passenger carrier, local media reported.

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VN to have new airlines - Vietstar Airlines

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Báo điện tử CP English 4 month(s) ago

VN to have new airlines - Vietstar Airlines

VGP – The Ministry of Transport has suggested the PM granting a business licence on aviation transport for Vietstar Airlines mutiroles Corporation (Vietstar Airlines).

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Vietnam's FPT seeks partial sales retail and distribution units

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Báo Thanh Niên English 4 month(s) ago

Vietnam's FPT seeks partial sales retail and distribution units

Vietnamese technology firm FPT plans to sell parts of its profitable retail and distribution units this year to focus on its core businesses, the company said on Wednesday.

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Strange events surround instant coffee market

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VietnamNet English 5 month(s) ago 2 related news

Strange events surround instant coffee market

VietNamNet Bridge - What happened with the instant coffee market in 2015 showed that the market was unpredictable.

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VN Airlines listed among top safest airlines

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Báo điện tử CP English 7 month(s) ago

VN Airlines listed among top safest airlines

VGP – Germany’s Jet Airliner Crash Data Evaluation Centre (JACDEC) on January 12 listed Viet Nam Airlines among the top 60 safest airlines in the world thanks to its safety, stability, and efficiency in flight operations.

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Japan’s largest airline buys 8.8 percent of Vietnamese Airlines shares

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SaiGon GP English 7 month(s) ago

Japan’s largest airline buys 8.8 percent of Vietnamese Airlines shares

Japan’s largest airline All Nippon Airways (ANA) on Tuesday signed a cooperation memorandum of understanding with Vietnam Airlines to buy 8.8 percent stakes worth VND2,431 billion (US$108.39 million).

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Foreign investors lose interest in SOE shares

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VietnamNet English 7 month(s) ago

Foreign investors lose interest in SOE shares

Given the success of its initial public offering (IPO) at the end of December 2011, executives at the Bank for Investment and Development of Vietnam (BIDV), one of the largest banks in Vietnam, could not have imagined that seeking a strategic investor would prove to be such a difficult task.

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Five giant companies weighed down with foreign debt

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VOV News English 7 month(s) ago

Five giant companies weighed down with foreign debt

Most of the foreign debt incurred by state-owned general corporations are in their core business fields, and as such they have to look for capital to run projects.

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