ACV Aviation Tycoon: Currency Losses Exceed 1 Trillion in the First Half of the Year, Borrowing 1.8 Billion USD to Invest in Long Thanh Airport

Vietnam Airports Corporation (ACV) held its 2025 Annual General Meeting, announcing a revenue target of 22.239 trillion VND, a 2% increase from the previous year. However, due to currency risk, pre-tax profits are expected to drop by 17% to 10.531 trillion VND. In the first half of the year, ACV reported a currency loss of over 1 trillion VND, with projections of losses rising to 1.7 trillion VND by year-end. Despite this, the international market, especially from China, is recovering positively for aviation. To invest in Long Thanh Airport, ACV plans to borrow 1.8 billion USD from banks and invest approximately 39.828 trillion VND this year, aiming to complete phase 1 by the end of 2025. ACV has also declared a dividend of 64.58%, raising its charter capital to 1 billion USD, and hopes to list its shares on HoSE after completing the equitization process.

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