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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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, Dec 22, 2021 | 11:30 am GMT+7
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, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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, Dec 22, 2021 | 11:30 am GMT+7
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, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam private carrier Bamboo Airways appoints new board
Vietnamese private carrier Bamboo Airways has approved a decision to elect new board members for the 2023-2028 term to replace members who have stepped down.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
New Japanese leader expected to help Bamboo Airways turn profit in 2024
Oshima Hideki, former deputy CEO of Japan Airlines, was appointed chairman of Vietnam’s loss-making private airline Bamboo Airways for the 2023-2028 term on Wednesday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Former Sacombank leader nominated for Bamboo Airways board
Phan Dinh Tue, who resigned as deputy general director of Sacombank on Thusday, has been nominated by a group of shareholders holding an over 55% stake in Vietnamese private carrier Bamboo Airways to the airline's board of directors.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam private carrier Bamboo Airways reports $748 mln loss in 2022
Vietnamese private carrier Bamboo Airways reported a loss of VND17.6 trillion ($748 million) in 2022, about $84 million higher than the combined figure of Vietnam Airlines and Vietjet Air.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Lender NCB plans sale of Bamboo Airways shares for $47.7 mln
Private creditor National Citizen Bank (NCB) plans to offload 203 million shares in Bamboo Airways for VND1.12 trillion ($47.7 million) to divest from the Vietnamese carrier.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Former Vietnam Airlines official appointed Bamboo Airways general director
Bamboo Airways has appointed Nguyen Minh Hai its general director from Wednesday this week, after approving Nguyen Manh Quan's resignation.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
National Citizen Bank plans to sell 203 mln Bamboo Airways shares
Private Vietnamese creditor National Citizen Bank (NCB) plans to sell 203 million shares in carrier Bamboo Airways, equivalent to nearly an 11% stake.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bamboo Airways launches Hanoi-southernmost province flight service
Vietnamese carrier Bamboo Airways launched its Hanoi-Ca Mau route on Saturday, marking the country’s first-ever air service linking the capital with the southernmost province.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bamboo Airways capital increase plans fail
FLC Group subsidiary Bamboo Airways' planned charter capital increase was not allowed Monday due to the disapproval of 56.42% of voting shares.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bamboo Airways plans share issuance to lift charter capital to $1.2 bln
Bamboo Airways, a subsidiary of Vietnamese group FLC, plans to issue 996.2 million shares in 2023, mobilizing nearly VND10 trillion ($425.55 million) and raising its charter capital to nearly VND28.46 trillion ($1.2 billion).
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
New investor to take over Bamboo Airways
Bamboo Airways, a subsidiary of Vietnamese private firm FLC, has found a new investor to replace former FLC chairman Trinh Van Quyet and other shareholders, according to CEO Nguyen Manh Quan.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
FLC Group to sell Bamboo Airways stake
FLC will sell its stake in Bamboo Airways during the group's restructuring process, chairman Le Ba Nguyen said at an extraordinary meeting on Saturday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese airlines to resume regular flights to China
Vietnamese airlines will resume regular flights to China from January 8, similar to the pre-pandemic period, as the northern neighbor lifts Covid-19 restrictions.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bamboo Airways launches cargo airline company
Bamboo Airways, a private airline founded by FLC Group, launched subsidiary Bamboo Airways Cargo JSC (BAC) on Tuesday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese airlines report Q3 loss
Vietnamese airlines like Vietjet Air, Vietnam Airlines, or Bamboo Airways continued to report losses in the third quarter of the year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bamboo Airways appoints new deputy general director
Bamboo Airways, FLC Group's airline, has appointed Dao Duc Vu as its new deputy general director and head of flight operations.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Three Vietnamese carriers among world's top 100 airlines
Vietnam Airlines, Bamboo Airways and Vietjet Air have been honored with titles in different categories by UK-based air transport rating organization Skytrax.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Sacombank chairman new senior advisor to Bamboo Airways board
Bamboo Airways, FLC Group's airline, announced Tuesday a resolution to invite chairman of Sacombank Duong Cong Minh to become a senior advisor to its board of directors.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bamboo Airways most punctual Vietnamese airline in first six months
Bamboo Airways was the most punctual Vietnamese airline in the first half of the year, with a 96.3% on-time flight rate, according to the Civil Aviation Authority of Vietnam.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Tourism rebound sees VietJet launch new int'l service from Danang
Private carrier VietJet Air on Saturday announced the launch of seven new international air routes linking the central city of Danang to Singapore, South Korea, and India.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Carriers launch new int’l air routes as tourism fully reopens
Major Vietnamese airlines are launching many new international routes or resume flights to cash in on surging demand in the wake of the country fully reopening its tourism market from May 15.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietjet the only profit-making Vietnamese airline
Vietjet Air was the only Vietnamese carrier that reported profits in 2021, while its rivals Vietnam Airlines and Bamboo Airways both recorded losses of tens of millions of US dollars.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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