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Stock-investment

Vietnam Airlines to issue US$346 mil in shares to support recovery

Vietnam Airlines to issue US$346 mil in shares to support recovery

HANOI (Dec 29): Flag carrier Vietnam Airlines said on Tuesday that it would issue nearly US$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. The issuance will be completed by June next year, after the carrier received approval from the authorities. All capital raised would pay...

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Dang Ngoc Hoa SCIC State Capital Investment Corp US$346 Vietnam Airlines Vietnamese

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