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Government fund subscribes to Vietnam Airlines rights issue

Government fund subscribes to Vietnam Airlines rights issue

Vietnam’s sovereign fund has subscribed to Vietnam Airlines’s rights offering amid its accumulating losses due to Covid-19.
SASCO reports first ever loss

SASCO reports first ever loss

Southern Airports Services JSC reported its first ever quarterly loss as income from investments plummeted.
July 22, 2021 | 01:46 pm GMT+7
Taxi firm Vinasun continues to remain in the red

Taxi firm Vinasun continues to remain in the red

Taxi operator Vinasun reported a loss of VND66 billion ($2.87 million) for the second quarter, its sixth consecutive quarterly loss as Covid-19 continued to wreck its business.
July 20, 2021 | 10:12 am GMT+7
VNG expects $26.9 mln loss this year

VNG expects $26.9 mln loss this year

Internet and tech giant VNG Corporation expects to make a loss of VND619 billion ($26.9 million) this year as it splurges on its payment business to take on rivals.
July 07, 2021 | 11:49 am GMT+7
Struggling Vietnam Airlines to receive $174 mln loan

Struggling Vietnam Airlines to receive $174 mln loan

An interest-free loan of VND4 trillion ($173.9 million) will be soon disbursed a to national flag carrier Vietnam Airlines, which is on the brink of bankruptcy over Covid-19 impacts.
June 21, 2021 | 09:00 pm GMT+7
Bookstore chain reports loss in Q1

Bookstore chain reports loss in Q1

Phuong Nam Cultural Company, the owner of Phuong Nam Book store chain, reported a VND1.4 billion ($60,800) pre-tax loss in the first quarter.
May 05, 2021 | 12:12 pm GMT+7
Airport ground service firm reports $1.4 mln loss

Airport ground service firm reports $1.4 mln loss

Taseco Air Service JSC, owner of restaurants, duty-free shops and advertising contractor at several airports across Vietnam, has posted a VND31.8 billion ($1.4 million) loss in Q1.
May 04, 2021 | 01:50 pm GMT+7
Movies adapted from Vietnamese literature suffer losses

Movies adapted from Vietnamese literature suffer losses

Many films adapted from classic literary works have failed miserably with audiences and critics panning them for their quality rather than failure to stick to the original.
May 03, 2021 | 11:06 am GMT+7
Vietravel posts $3 mln loss in Q1

Vietravel posts $3 mln loss in Q1

Tourism company Vietravel has already posted a loss of VND72.8 billion ($3.15 million) this year, or 81 percent of the loss it suffered in the whole of last year.
April 30, 2021 | 05:14 pm GMT+7
Film adaptation of literary classic ‘The Tale of Kieu’ bombs at box-office

Film adaptation of literary classic ‘The Tale of Kieu’ bombs at box-office

The latest movie adaption of literary classic ‘The Tale of Kieu’ reported a loss after box-office collections of just VND2.7 billion ($117,480), and has moved online.
April 29, 2021 | 05:59 pm GMT+7
Refinery operator BSR back in the black

Refinery operator BSR back in the black

Binh Son Refining and Petrochemical Jsc has turned around after a disastrous 2020 and reported a pre-tax profit of VND1.85 trillion ($80.5 million) for the first quarter.
April 27, 2021 | 09:23 am GMT+7
Dat Xanh Group reports first loss in 15 years

Dat Xanh Group reports first loss in 15 years

Property developer Dat Xanh Group was in the red for the first time last year since 2006, posting losses of VND496 billion ($21.38 million) amid plummeting revenues and rising costs.
March 24, 2021 | 01:00 pm GMT+7
Vietravel loses $3.9 mln in pandemic-hit 2020

Vietravel loses $3.9 mln in pandemic-hit 2020

Leading tourism company Vietravel reported a loss of VND90 billion ($3.9 million) in 2020 as the Covid-19 pandemic slashed travel demand.
February 05, 2021 | 08:00 am GMT+7
Vietnam Airlines suffers $483 mln loss

Vietnam Airlines suffers $483 mln loss

Vietnam Airlines reported a loss of over VND11.1 trillion ($483 million) last year as the Covid-19 pandemic grounded all its international flights.
February 03, 2021 | 01:31 pm GMT+7
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