Ministry of Public Security rejects rumors on Sacombank chairman’s exit ban

Ministry of Public Security rejects rumors on Sacombank chairman’s exit ban

Vietnam’s Ministry of Public Security has rejected rumors that chairman of Ho Chi Minh City-based Sacombank Duong Cong Minh has been banned from leaving the country which led to the dumping of the bank’s shares on Tuesday.

Companies - Tue, April 2, 2024 | 6:17 pm

Sacombank refutes Bamboo Airways ex-CEO’s claim on chairman’s involvement in Van Thinh Phat scandal

Sacombank refutes Bamboo Airways ex-CEO’s claim on chairman’s involvement in Van Thinh Phat scandal

Sacombank, a mid-sized lender in Vietnam, has rejected claims by former CEO of Bamboo Airways alleging that its chairman has been involved in the notorious Van Thinh Phat scandal and banned from leaving the country.

Banking - Tue, April 2, 2024 | 12:29 pm

Bamboo Airways continues trimming domestic flight network, fleet

Bamboo Airways continues trimming domestic flight network, fleet

Bamboo Airways has announced partial or full suspension of air connections to more domestic destinations from April as the Vietnamese private carrier undergoes its largest reshuffle since its first commercial flight in January 2019.

Travel - Fri, February 23, 2024 | 10:39 pm

Former Sacombank deputy CEO named Bamboo Airways chairman

Former Sacombank deputy CEO named Bamboo Airways chairman

Vietnamese private carrier Bamboo Airways on Monday appointed Phan Dinh Tue, former Sacombank deputy CEO, as its chairman for the 2023-2025 term, replacing Le Thai Sam.

Companies - Mon, February 5, 2024 | 10:47 pm

Vietnam gov’t urges six agencies to help Bamboo Airways stay afloat

Vietnam gov’t urges six agencies to help Bamboo Airways stay afloat

Deputy Prime Minister Le Minh Khai has asked six government agencies to support Bamboo Airways to overcome its hardships and successfully restructure its operations.

Companies - Mon, December 25, 2023 | 7:31 pm

Bamboo Airways suspends domestic routes to popular tourist hubs

Bamboo Airways suspends domestic routes to popular tourist hubs

Privately-run Vietnamese carrier Bamboo Airways had suspended a series of domestic routes to popular tourist hubs such as Phu Quoc and Da Lat from this month in its latest effort to stay afloat amid major restructuring.

Travel - Wed, November 22, 2023 | 10:42 am

Bamboo Airways blames 'objective reasons' for late tax payments

Bamboo Airways blames 'objective reasons' for late tax payments

Private carrier Bamboo Airways’ delayed tax payments to the south-central province of Binh Dinh, where it is headquartered, is only due to "objective circumstances in the short term", said a carrier representative.

Companies - Thu, November 9, 2023 | 11:35 am

Vietjet Air to open new direct routes to Cambodia, Indonesia, China in Dec

Vietjet Air to open new direct routes to Cambodia, Indonesia, China in Dec

Vietnam’s budget carrier Vietjet plans to open new routes connecting to Cambodia, Indonesia and China in December, while troubled Bamboo Airways has started halting international routes to Asian and European destinations.

Travel - Thu, November 2, 2023 | 4:31 pm

Struggling Bamboo Airways suspends routes to Asian, European destinations

Struggling Bamboo Airways suspends routes to Asian, European destinations

Vietnam's privately-run carrier Bamboo Airways has started halting a series of international routes to South Korea, Japan, Thailand, Australia and Germany from October 29 in its latest effort to stay afloat.

Travel - Sun, October 29, 2023 | 10:09 am

Bamboo Airways has third CEO in 5 months

Bamboo Airways has third CEO in 5 months

Bamboo Airways has appointed aviation veteran Luong Hoai Nam as its new CEO, the third in five months and the fourth in more than a year, as the carrier is undergoing tough reshuffles following a change in owners.

Companies - Mon, October 23, 2023 | 4:25 pm

PM Chinh asks world’s 3rd largest civilian aircraft maker Embraer to expand in Vietnam

PM Chinh asks world’s 3rd largest civilian aircraft maker Embraer to expand in Vietnam

Vietnamese Prime Minister Pham Minh Chinh has asked Brazil’s Embraer S.A, the world’s third largest commercial aircraft manufacturer, to expand its footprint in Vietnam, which has seen a spectacular post-Covid recovery of the aviation market.

Companies - Mon, September 25, 2023 | 10:12 am

Sacombank keen to acquire stake in Bamboo Airways

Sacombank keen to acquire stake in Bamboo Airways

Ho Chi Minh Stock Exchange-listed Sacombank is taking procedures to acquire a stake in Bamboo Airways, one of its debtors, as the airline is seeking strategic investors.

Banking & Finance - Sat, September 16, 2023 | 11:36 am

Bamboo Airways chairman resigns from FLC Group board member position

Bamboo Airways chairman resigns from FLC Group board member position

FLC Group is set to propose its next general meeting of shareholders dismiss Le Thai Sam, chairman of Bamboo Airways, from the position of board member per his wish, the firm announced Friday.

Companies - Sat, August 12, 2023 | 10:08 am

Bamboo Airways mum on bankruptcy rumors, affirms normal operations

Bamboo Airways mum on bankruptcy rumors, affirms normal operations

Vietnamese private carrier Bamboo Airways confirmed in a Friday statement that it was operating normally and focusing on ensuring absolute safe operation of flights.

Companies - Fri, July 14, 2023 | 10:28 pm