On August 24, the Vietnam Aviation Business Association (Vaba) announced that due to Covid-19, revenue of its airlines members decreased by 80-90%, cash flow was severely short, principal and interest debt increased. This situation puts the airline business on the…
Vietnam Airlines currently has a debt of up to VND6.24 trillion ($267 million) and is expected to lose up to VND10 trillion in the first 6 months of 2021. The national airline of Vietnam (Vietnam Airlines) is facing legal lawsuits…
A number of small Vietnamese businesses in the US, such as supermarkets and restaurants, are in a situation of unprecedented difficulty due to Covid-19 outbreak, which has to struggle and expect government support. From the huge $2,200 billion bailout that…
