Saturday, January 16, 2021, 16:48 GMT+7
Aircrafts painted in blue of the air carrier Vietnam Airline is seen in this photo supplied by the firm.
State Capital Investment Corporation (SCIC), the investment arm of the Vietnamese government, is looking to funnel VND8 trillion (US$347 million) into the charter capital of the flagship air carrier Vietnam Airlines.
On Thursday, Nguyen Chi Thanh, CEO of SCIC, revealed that the state-owned company is working with Vietnam Airlines to settle the share prices for the airline’s incoming offerings.
As per the government’s Resolution 194 on the bailout for Vietnam Airlines in light of the COVID-19 crisis, the air carrier is allowed to offer more shares to existing shareholders to increase its charter capital. The government has assigned the SCIC to buy shares of Vietnam Airlines.
Friday, January 15, 2021, 08:34 GMT+7
This image shows apartment blocks in Ho Chi Minh City. Photo: Quang Dinh / Tuoi Tre
What you need to know in Vietnam today:
Politics Deputy Prime Minister and Foreign Minister Pham Binh Minh will attend the ASEAN Foreign Ministers’ Retreat (AMM Retreat), which will be held virtually on January 21, the
Vietnam News Agency cited the foreign ministry’s spokesperson Le Thi Thu Hang as saying at a press briefing on Thursday.
Society Vietnam announced 10 imported COVID-19 cases on Thursday, taking the national tally to 1,531 patients, with 1,369 recoveries and 35 deaths, according to the Ministry of Health.
Promising figures offering confidence for pharma future 14:00 | 14/01/2021
Vietnamese pharmaceutical giants rushed to new business lines in 2020 to create new motivation for growth amid the ongoing pandemic complications, with some changes bringing about better results.
Clearly in a happy mood, Vu Thi Thuan, chairwoman of the countryâs second-largest publicly-traded drugmaker Traphaco JSC, is looking towards a bright future in 2021 on the back of good performance last year.
Traphaco, which boasts three big shareholders in State Capital Investment Corporation (35.67 per cent), Magbi Fund Ltd. (24.99 per cent), and Super Delta Pte., Ltd. (15.12 per cent), will organise a conference in the next few days to review 2020 operations and discuss the targets for this year.
The Commission for the Management of State Capital at Enterprises (CMSC) has settled 233 out of 259 cases transferred from ministries, including 44 in 2020, heard a conference in Hà Nội on Monday.
Aircraft land at Noi Bai International Airport in Hanoi (Photo: VNA)
Hanoi (VNA) - Vietnam is set to be home
to 26 airports by 2030, 14 of which will be international, according to a draft
master plan on the development of the
national airport network to 2030 and vision
to 2050 from the
Investment in the 2020-2030 period is estimated at some
365.1 trillion VND (16 billion USD), and the figure for the 2030-2050 one, 866.36
trillion VND.
It will be sourced from official development
assistance (ODA), the State budget, loans from financial institutions, and public-private
partnerships.
The Government will provide incentives for aviation
infrastructure investors and help them take the initiative in the mobilisation and