Vietnam Airlines and the strategy of “putting rice in the right basket”

In 2024, Vietnam Airlines (HVN) recorded a pre-tax profit of 7,958 billion VND, with its flight network recovering to levels similar to 2019. The airline has implemented many solutions for sustainable development, focusing on restructuring capital and its fleet, in preparation for the growth phase from 2026 to 2030. Notably, a financial package of 22 trillion VND will be implemented through two rounds of stock issuance to restore financial capacity and carry out key investment projects. Additionally, Vietnam Airlines plans to purchase 50 narrow-body aircraft to meet the growing demand of the Vietnamese aviation market, aiming for completion by 2030. The airline is combining various capital sources and financial cooperation strategies with international institutions to strengthen its position and enhance competitiveness. Vietnam Airlines aims to eliminate accumulated losses by 2032 and achieve self-reliance by 2027.

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