Vietnam’s air carriers expect their business opportunities to be gradually better again as of the beginning of this year’s third quarter. However, such a recovery is seen in comparison with the bottom in the first and second quarters, when COVID-19 was at its peak.
Honda Vietnam (HVN) has become the fourth automaker in Vietnam to suspend production and assembly of cars and motorbikes over the concerns of the COVID-19 pandemic.
The Vietnam Airlines Group, listed as HVN, earned consolidated pre-tax profit of over 3.29 trillion VND (nearly 142 million USD) in the first nine months of this year, its financial report showed on October 31.
The Commission for the Management of State Capital at Enterprises (CMSC) has bought nearly 165 million shares of the national flag carrier Vietnam Airlines, bringing its total stake to more than 1.22 billion shares, according to the Hanoi Stock Exchange.
The Ministry of Transport expects to collect at least VND2.235 trillion (US$98.45 million) from the sale of more than 371.53 million rights to buy preference stakes in the Vietnam Airlines Corporation.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has registered to sell 7.6 million shares of the Vietnam Airlines Corporation, which is listed as HVN on the stock market.
Honda Vietnam (HVN) aims to increase the export of completely built-up (CBU) vehicles by 12% and introduce 10 new motorbikes to the market in the fiscal year 2018 (from April 2017 to March 2018).
Honda Vietnam Company (HVN) launched a driver training centre in Phuc Thang ward, Phuc Yen town, the northern province of Vinh Phuc on March 16.
Norihiro Imada, deputy director of the business plan division of Honda Motor Co. Ltd., said that the company will try to better understand customer’s taste to develop its products.
Vietnam’s motorcycle market has seen an increase in its sales for the first time since 2012, reaching 1.4 million vehicles in the first six months of 2016, according to the Vietnam Association of Motorcycle Manufacturers (VAMM).
Honda Vietnam (HVN) sold 2.03 million motorbikes in the fiscal year 2016 (which ended in March), 120,000 units more than the previous year, according to General Director of Honda Vietnam Minoru Kato.
Honda Vietnam (HVN) will work harder to contribute more to Vietnam ’s vehicle industry, HVN General Director Minoru Kato said.