SCIC disburses nearly 6.9 trillion VND to buy Vietnam Airlines shares

Thursday, 16/09/2021 16:42
The State Capital Investment Corporation (SCIC) has disbursed nearly 6.9 trillion VND to buy shares to hold at least 31.08% of the charter capital of Vietnam Airlines Corporation-JSC (VNA).

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Vietnam Airlines Boeing 787 aircraft. (Photo: nhandan.com.vn)

SCIC’s investment in VNA’s shares is expected to contribute to supplementing capital for production and business activities and improving the carrier’s short-term solvency, limiting the impact of the epidemic.

In the near future, VNA will complete the overall restructuring project to ensure adaptation to the new situation, overcome difficulties, soon recover and develop sustainably.

According to SCIC’s development strategy for the 2020-2030 period and a vision to 2035, the corporation determines to focus on promoting investment in industries and fields that need to be held by the State  and effectively perform its role as an “investor of the Government” in accordance with the strategic direction of the Party and the Government./.

BTA

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