Sign up | Log in



Home  >>   Daily News  >>   Vietnam >> Aviation >> VNA's nine-month profits reach $58m
NEW UPDATES Asean Affairs  14 October  2015  

VNA's nine-month profits reach $58m

National carrier Vietnam Airlines (VNA) earned nearly VND52.5 trillion (US$2.36 billion) in syndicated revenue in the first nine months of this year, a press release issued late last week said.

The release did not show the year-on-year comparison, but said the firm's syndicated profit of more than VND1.3 trillion ($58.42 million) had exceeded its target.

About 100,000 flights were operated in the first nine months, nearly 5 per cent higher than the same period last year.

The VNA said that several policies issued since the middle of the year had contributed to the rise in the number of international visitors to Viet Nam, especially the visa exemption norms for tourists from five western European countries that came into effect in July, leading to expectations of a 50 per cent rise in the number of arrivals from such countries in the next three years.

The airline carried more than 12.5 million passengers between January and the end of September this year. The international and domestic routes have been showing good growth, especially the route between Viet Nam and the northeast Asian region.

In the first half of the year, the number of foreign tourist arrivals fell 12 per cent, compared with last year. But between July and September, foreign tourist arrivals in Viet Nam increased, with the number reaching 626,000 in September, an 8.3 per cent increase over last year.

However, the VNA has been facing several difficulties and challenges due to complicated economic and political situations across the world, with the volume of visitors from key markets such as Europe decreasing, and the Japanese yen, South Korea's won and the Australian dollar falling due to devaluation.

The carrier aims to carry 16.7 million passengers this year and will continue its restructuring programme to reduce the number of employees to 6,500 by 2016. — VNS

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           October 14 , 2015 Subsribe Now !
• VNA's nine-month profits reach $58m Subcribe: Asean Affairs Global Magazine
• Laos Refuses to Host Meeting of ASEAN Civil Society Groups
• Petronas says no job cut in worldwide operations
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Tour operators urged to be more efficient in marketing Brunei
• VN may profit most from TPP trade agreement
Asean Analysis                   September 24, 2015
• Asean Analysis September 24, 2015
Advertise Your Brand

Asean Stock Watch  October 13,   2015
• Asean Stock Watch-October 13, 2015
The Biweekly Update
• The Biweekly Update September 18, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2019 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand