Vietnam Airlines becomes joint stock from April

The national flag carrier Vietnam Airlines (VNA) on March 12 successfully hosted its first shareholders’ meeting and announced that the company would officially operate as a joint stock company from April 1.

A Vietnam Airlines aircraft (Photo: SGGP)

According to its 2015 business plan, VNA strives for a passenger output of 16.7 million, revenue of VND70.1 trillion (US$3.28 billion) and pre-tax profit of VND613.5 billion (US$28.72 million).
The company is also expected to spend VND22,954 billion (US$1.07 billion) on investment activities, 2.44 fold the amount last year. Besides, VNA will focus on buying new modern aircrafts and improving service quality to meet four-star international standard.
At the meeting, a new board of managers with five members including Pham Viet Thanh, Pham Ngoc Minh, Luu Van Hanh, Nguyen Huy Trang and Nguyen Xuan Minh was elected.

By Bich Quyen – Translated by Hai Mien

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