Vietnam Airlines to hold annual shareholder meeting on May 10
Shareholders of Vietnam Airlines will gather at the annual general meeting in Hanoi on May 10, the third one since the company completed equitisation in 2015, to discuss a series of important issues including the modification of the internal management regulations.
Vietnam Airlines will hold annual shareholder meeting on May 10 (Photo: VNA)
Hanoi (VNA) – Shareholders of VietnamAirlines will gather at the annual general meeting in Hanoi on May 10, thethird one since the company completed equitisation in 2015, to discuss a seriesof important issues including the modification of the internal managementregulations.
The Board of Directors will deliver a report onbusiness performance in 2017 and main targets of business plan in 2018, alongwith auditing financial statements in 2017 and plans for the distribution ofprofits and dividends.
In 2017, Vietnam Airlinesconducted 140,000 flights carrying 22 million passengers. Its total revenuereached over 84.9 trillion VND (3.7 billion USD).
The corporation earned a record pre-tax profit of over 3.15 trillion VND (135.1million USD), surpassing the yearly target by 92.6 percent and posting ayear-on-year increase of 21.3 percent.
The parent company raked in more than 64.9trillion VND in revenue and 1.9 trillion VND in pre-tax profit, exceeding theset target by 52 percent and registering a year-on-year rise of 11.7 percent.
Vietnam Airlines maintained its four-star ratingby Skytrax for two consecutive years.
The on-time performance index (OTP) reached 90.2percent for departures and 83.2 percent for arrivals, putting Vietnam Airlinesamong the top 10 airlines with the best OTP in the globe.
In 2017, Vietnam Airlines continued receivingnational and international recognition with a number of prestigious awards,most notably being listed on the 10 strongest brands of Brand Finance.
Vietnam Airlines’ market capitalization wasvalued at over 60.6 trillion VND (2.65 billion USD) on March 30, 2019 (49,400VND per share), up 38 percent compared to the time its share debuted on theUnlisted Public Company Market (Upcom) at 39,200 VND per piece.
Currently, Vietnam Airlines has a totalchartered capital of over 12.27 trillion VND (535.5 million USD). The State isholding 86.16 percent of the airlines’ chartered capital, Japan’s ANA HoldingsInc 8.77 percent, and the remaining belong to other shareholders.-VNA
Vietnam Airlines has been selected as one of the global TripAdvisor community's favourite airlines along with other 4- and 5-star airlines of Asia such as Singapore Airlines, Japan Airlines, Cathay Pacific, and EVA Air.
National flag carrier Vietnam Airlines said since April 11, it has diverted its flights from/to Europe away from the Black Sea area, which could be under influence of the rising tension in Syria.
Vietnam Airlines and Singapore Technologies Aerospace Ltd (ST Aerospace) signed a memorandum of understanding (MOU) on April 26 to establish a joint venture for aircraft maintenance.
The Vietnam Airlines Corporation earned nearly 1.46 trillion VND (64.3 million USD) in pre-tax profit in the first three months of the year, 6.2 percent higher its set plan.
Vietnamese Consul General in Fukuoka Vu Chi Mai highlighted the growing demand for Vietnamese workers in Kyushu, especially in Fukuoka, Oita, and Saga prefectures. Currently, the region employs about 35,000 Vietnamese manual workers and over 5,000 IT engineers.
In Vietnam’s case, she said, President Ho Chi Minh demonstrated his strategic vision by founding the revolutionary press a century ago. The late leader understood the press's role not only as a means to reflect the country’s realities but also as a powerful tool to strengthen national unity and inspire the resistance wars and national construction process.
In recent interviews granted to the Vietnam News Agency (VNA)'s reporters in Mexico, prominent figures reflected on the press’s legacy and its global influence.
VietnamPlus e-newspaper of the VNA clinched an A prize in the “Outstanding Press Product” category for its immersive 3D multimedia project, “Epic of Reunification,” a groundbreaking blend of storytelling and technology. The VNA won another A prize for its eye-catching exhibition booth.
Today, the press for foreign service has evolved into a distinct, irreplaceable force, bridging Vietnam with the world and portraying a nation that is stable, peace-loving, and fully integrated into the international community.
At a review conference held on June 21, Deputy Minister of Construction Nguyen Van Sinh praised the province’s scientific, coordinated, and flexible approach. He noted that the early completion reflects the strong commitment of local authorities, the business community, philanthropists, and residents in improving housing conditions for disadvantaged groups.
The VNA delegation, led by General Director Vu Viet Trang, actively participated in the event, engaging in both professional and diplomatic activities.
In the context where AI dominates and produces vast volumes of content, the only sustainable path forward for journalism is to focus on high-quality content and core values. Journalism must redefine its mission - not to report the fastest, but to provide the most profound and trustworthy value.
Granma and the VNA have great potential for cooperation, especially in sharing content regularly, so that VNA products are published on Granma platforms and vice versa, thereby helping Cuban and Vietnamese people access true information and gain a deep understanding of each other's country and people.
During his stay in China’s Guangzhou city from 1924 to 1927 to prepare for the establishment of a Communist Party to lead Vietnam’s revolution, President Ho Chi Minh founded “Thanh nien” newspaper and released its first issue on June 21, 1925.
Vietnam and Cambodia are hoped to strengthen their robust collaboration across various sectors, particularly in resolving remaining border issues to transform the border area into a zone of peace, friendship, cooperation, and development.
The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
Since President Ho Chi Minh founded Thanh Nien (Young People) newspaper in 1925, the Vietnamese revolutionary press has become the voice of the people. During the resistance war against the colonialists, journalists took great personal risks to inspire patriotism and the will of rising up against foreign invaders.
The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.
The Mekong Delta province of Tien Giang is intensifying efforts to combat illegal, unreported and unregulated (IUU) fishing as part of the country’s goal of having the European Commission’s “yellow card” warning lifted.
Throughout its 80-year history, the VNA has remained at the forefront of information dissemination. It has consistently delivered timely, accurate, and objective reports on both domestic and international events, serving the Party’s leadership, the State’s management, and the public’s demand for official news.
With strong support from local authorities, businesses, organisations, and residents, the province has successfully built or repaired 10,707 homes for disadvantaged households, including war veterans, families of martyrs, ethnic minority people, and low-income residents.
Throughout its resistance against colonialists and imperialists, Vietnam developed a revolutionary press that has served as a benchmark for just and legitimate causes worldwide.
Founded in 1842, the Vienna Philharmonic is regarded as a cultural ambassador of Austria, with prestigious conductors like Mahler and Karajan who shape its legacy. Its New Year’s Concert, broadcast to over 90 countries annually, stands as a global symbol of classical music excellence.