The Vietnam Travel and Marketing Transport JSC (Vietravel) will trade 12.6 million shares on the Unlisted Public Company Market (UPCoM) on September 27, insiders have said.
Vietnam Travel and Marketing Transport JSC (Vietravel) will trade 12.6 million shares on the Unlisted Public Company Market (UPCoM) on September 27. (Photo: VNA)
Hanoi (VNS/VNA) — The Vietnam Travel and Marketing Transport JSC (Vietravel) will trade12.6 million shares on the Unlisted Public Company Market (UPCoM) on September27, insiders have said.
The company’s trading code is VTR and debuting price is 40,000 VND (1.72 USD) per share, valuing the firm at 504billion VND, according to the Hanoi Stock Exchange.
With a trading band of 40 per cent on either side on debut day, Vietravelshares may swing between 24,000-56,000 VND per share.
The company had been the Tracodi Tour Centre under the Transport andIndustry Development Investment Corporation (Tracodi).
It was renamed Vietravel in 1995 and equitised in 2014. The two largestshareholders now are chairman Nguyen Quoc Ky and Saigon Travel, holding 9.07 percentand 16.22 percent of the business.
Vietravel has no foreign shareholders. It has stakes in 10 subsidiaries andone associate business.
The company is planning to set up its aviation arm Vietravel Airlines,which will be headquartered in the central province of Thua Thien-Hue with charter capital of700 billion VND.
This will be the sixth airline in Vietnam after the likes ofVietnam Airlines, Vietjet, Vasco, Bamboo Airways and Jetstar Pacific.
In February, the firm received a licence from the provincial Department ofPlanning and Investment.
The plan is being review by the Civil Aviation Authority of Vietnam (CAAV)and it will be submitted to the Prime Minister for approval.
In the first half of this year, Vietravel’s net revenue is estimated atnearly 3.98 trillion VND, a year-on-year increase of 6 percent.
The company’s pre-tax profit reached around 30 billion VND, up 26 per cent compared to the same period last year and achieving 44 percentof the year’s plan.
In 2019, the firm targets revenue of more than 8.61 trillion VND and after-tax profit of 60.8 billion VND./.
Increasing numbers of airlines and aircraft are putting serious pressure on Vietnam’s aviation infrastructure. As competition for market share and skilled labour intensifies, the Government must take measures to ensure a fair playground and long-term development, said industry experts and authorities.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Vietnam Travel and Marketing Transport JSC (Vietravel) will trade 12.6 million shares on the Unlisted Public Company Market (UPCoM) on September 27. (Photo: VNA) 
