ACV targets nearly 487 million USD in revenue amid COVID-19
The Airports Corporation of Vietnam (ACV) has targeted earning over 11.3 trillion VND (486.9 million USD) in revenue and over 2 trillion VND (86.1 million USD) in pre-tax profit in 2020.
Hanoi (VNA) - TheAirports Corporation of Vietnam (ACV) has targeted earning over 11.3 trillionVND (486.9 million USD) in revenue and over 2 trillion VND (86.1 million USD)in pre-tax profit in 2020.
To ensure the fulfillment of its targets andplans for 2020 amid impacts caused by the COVID-19 pandemic, ACV will focus on monitoring,evaluating and forecasting the market recovery in order to take timely solutions and make appropriate adjustments to its production and businessactivities.
It will also minimise regular and operation costs, promptly assess and adjust anumber of investment projects to meet market growth needs and ensure capital efficiency.
A representative of the corporation said thefirm intends to speed up investment projects, especially key ones suchas building T3 Terminal at Tan Son Nhat International Airport, expanding T2Terminal and an apron at Noi Bai International Airport and Terminal T2 at PhuBai International Airport.
Apart from upgrading airport infrastructure, ACV also pays attention to promotingIT application in management and operation activities. In the third quarter, itwill put non-stop toll collection systems into operation in 21 airports, and equip the airports with aviation information management systems.
Additionally, the firm willenhance investment and promote modernisation in term of security, and improvethe quality of services it supplies.
According to ACV General Director Vu The Phiet, in 2019, the firm saw stable production and business activities as it completed and exceeded all of its targets.
ACV's passenger throughput last year continued to maintain a double-digit growth,reaching over 116 million, equivalent to 103 percent of the plan, up 12 percentcompared to 2018.
The company reported totalrevenue and post-tax profit of nearly 20.5 trillion VND and over 8 trillionVND, up 15 percent and 33 percent, respectively, year on year./.
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Illustrative image (Photo: VNA) 
