The Board of Directors of the Vietnam Airlines Corporation has appointed Deputy General Director Le Hong Ha to the post of General Director from January 1, 2021.
Le Hong Ha has been appointed General Director of the Vietnam Airlines Corporation (Photo: VNA)
Hanoi (VNA) - The Board of Directors of the VietnamAirlines Corporation has appointed Deputy General Director Le Hong Ha to thepost of General Director from January 1, 2021.
Ha, born in 1972, began working for Vietnam Airlines in 1994. He wasappointed as Deputy General Director of the corporation in 2012, becoming theyoungest person to hold the position.
He has also been Chairman of the Members Council of the Vietnam AirPetro Company Limited (Skypec) since 2018. In August 2020, Ha was elected tothe Board of Directors of Vietnam Airlines.
🍌 Vietnam Airlines anticipated a loss of 12 trillion VND (520 millionUSD) in 2020, or 2.42 trillion VND lower than previous prediction, it said atthe extraordinaryshareholders’ meeting on December 29.
According to Chairman of Vietnam Airlines Dang Ngoc Hoa,although the corporation has been hard hit by the pandemic, its businessachievement is better than expected. As of the end of December, the corporation’s consolidatedrevenue is estimated at 42.5 trillion VND, with parent company’s revenuestopping 32.9 trillion VND, exceeding the targets set at the shareholders’meeting on August 10 by 4.8 percent and 1.4 percent respectively. This year’s loss could be slashed further by 2.86 trillionVND when the corporation completed adjustments for depreciation anddistribution of repair and maintenance costs in line with the Government’ssupport policy. The corporation, consisting of the national flag carrierVietnam Airlines, Pacific Airlines and Vietnam Air Services Company (VASCO),operated 96,500 flights, and transported some 14.23 million passengers andnearly 194,500 tonnes of cargo in 2020. Besides, more than 180 flightswere arranged to bring home over 52,000 Vietnamese expats from 30 countries andterritories worldwide. Hoa attributed the corporation’s better-than-expectedperformance to the nation’s good control of the COVID-19 pandemic, stablebusiness environment, timely support from the Government, and its drastic measuresto re-organise operation and cut expenditure. During 2021-2025, Vietnam Airlines will focus on restoringbusiness activities, undertaking comprehensive restructuring plan which includerestructuring of capital ownership and finance, assets and portfolios. Hoa said, the corporation will work to improve businessefficiency with the sell and leaseback (SLB) of aircraft, as well as wholly orpartly divest capital in enterprises with excellent performance with a view tobetter cash flow. The government, through the State Capital InvestmentCorporation (SCIC), is holding over 86 percent of shares in the company, whileJapanese aviation company ANA Holdings has an 8.7 percent stake, and otherorganisational and individual investors own the remainder./.
National flag carrier Vietnam Airlines retained its top spot in a ranking of Vietnam’s national brands by UK-based reputable international Internet-based market research and data analytics company YouGov.
National flag carrier Vietnam Airlines, budget carrier Jetstar Pacific and Vietnam Air Services Company (VASCO) will supply over 414,000 extra seats from January 27 to February 26, 2021 to serve increasing travel demand during the peak season during the Tet (Lunar New Year) holiday.
A Vietnam Airlines representative announced on December 21 that the national flag carrier has been honoured in Forbes Vietnam’s list of 50 leading brands in Vietnam in 2020 by sector.
National flag carrier Vietnam Airlines will expand the number of premium economy (PE) seats on its key route linking Hanoi and HCM City starting from January 10, a representative from the airline said.
Vietnam Airlines Corporation anticipated a loss of 12 trillion VND, or 2.42 trillion VND lower than previous prediction, it said at the extraordinary shareholders’ meeting on December 29.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
Le Hong Ha has been appointed General Director of the Vietnam Airlines Corporation (Photo: VNA) 
