Hanoi (VNA) – Vietnam Airlines JSC (HVN) has received approval from the State Securities Commission of Vietnam to issue 900 million shares at 10,000 VND apiece.
The planned issuance is expected to raise roughly 9 trillion VND (equivalent to 344.53 million USD), providing the national carrier with additional capital to improve liquidity, reinforce its financial foundation, and advance its post-pandemic recovery and growth strategy.
Under the plan, shareholders will be entitled to purchase 406 new shares for every 1,000 shares held, with the subscription period lasting 90 days from the effective date of the offering certificate.
This issuance marks a significant step in implementing the government’s policy to assist Vietnam Airlines in financial restructuring and resource mobilisation for long-term development. The capital injection is anticipated to bolster the airline’s solvency, lower its debt-to-equity ratio, and create conditions for fleet expansion and enhanced service quality.
On the Ho Chi Minh Stock Exchange (HoSE), HVN shares are currently trading at around 38,000 VND per share, with minimal fluctuations over the past two months./.
Vietnam Airlines targets 25.4 million passengers in 2025
Vietnam Airlines is pursuing an Environmental, Social, and Governance (ESG) roadmap to reduce emissions, improve fuel efficiency, and adopt sustainable aviation fuels. It is also investing in workforce development, corporate culture, and international management practices.
