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Kurdish PM wants to discuss independence with Baghdad after Mosul

person Orange Themes access_time Oct 28,2016

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person Orange Themes access_time Oct 15,2016

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Image : On solid ground

On solid ground

person Orange Themes access_time Sep 22,2016

There’s every reason to believe that Vietnam’s stock market will continue its upwards trajectory.

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Vietnam Airlines Group makes $895 million profit in Q1

access_time Apr 20,2017 chat_bubble_outline 25 views

The Vietnam Airlines Group earned syndicated revenue of VNĐ20.4 trillion (US$895.1 million) in the first quarter of this year, reaching 23.8 per cent of its yearly target.



Vietnam Airlines Group makes $895 million profit in Q1



The national carrier Vietnam Airlines, made VNĐ16.34 trillion in revenue, up 8.4 per cent, earning pre-tax profit of VNĐ485 billion in the first quarter of this year. 

Of this figure, pre-tax syndicated profit is estimated at VNĐ539 billion, baodautu.vn reported.

The group, including Jetstar Pacific Airlines and Vietnam Air Services Company, undertook 34,265 flights during the period, 91.6 per cent of which were reportedly on time, an increase of 6.2 percentage points over the same period last year.

The volume of passengers and goods rose by 9.3 per cent and 22.9 per cent to touch more than five million passengers and 756 million tonnes of goods, respectively.

The parent, national carrier Vietnam Airlines, made VNĐ16.34 trillion in revenue, up 8.4 per cent, earning pre-tax profit of VNĐ485 billion.

It is reported that the carrier’s business performance was greatly affected by the fuel price hike, which was $65.3 per barrel, 8.8 per cent higher than the plan – resulting in the cost rising more than VNĐ260 billion.

According to statistics of Vietnam Airlines, the aviation market received total 13.46 million passengers in the first quarter of this year, up 17.9 per cent. 

Although the market has seen continuous growth during the period, the rate of growth has slowed. 

VNS

Greek ambassador missing in Brazil: officials

Rio de Janeiro (AFP) - Greece's ambassador to Brazil, Kyriakos Amiridis, went missing three days ago near Rio de Janeiro while vacationing with his family, officials said Thursday, asking for information that could help locate him."A case has been opened to investigate the ambassador's disappearance," Rio state police said in a statement.The investigation is being led by the missing persons section of the homicide division in the Rio neighborhood of Baixada Fluminense, on the city's west side,… chat_bubble_outline Read More...

Insurance company revenues soar

Total premium revenues in Vietnam’s insurance market reached VND85.5 trillion ($3.83 billion) in 2016, a 22 per cent increase compared to 2015, according to the Insurance Supervisory Authority (ISA) under the Ministry of Finance (MoF). The total revenue in non-life insurance was VND36.4 trillion ($1.63 billion), up nearly 14.68 per cent, and the revenue in life insurance was over VND49.2 trillion ($2.2 billion), an increase of 28.35 per cent.As estimated, in 2016 insurance companies invested… chat_bubble_outline Read More...

Shocking thing Margot Robbie did to Leonardo DiCaprio to clinch her Wolf Of ...

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Real estate catches eye of Japanese investors

Japan’s Meade Group, the contractor of the Ho Chi Minh City Urban Railway’s Ben Thanh - Suoi Tien stretch, plans to invest in a high-end real estate project called Wateria Suites in Ho Chi Minh City's District 2. The information was revealed in CBRE’s Quarter 3 real estate market report, where it noted that the Meade Group has worked with CBRE to research Vietnam’s real estate market.  The Wateria Suites project has investment of $30 million on an area of 2,000 sq m with 89 apartments of… chat_bubble_outline Read More...

Foreign giants interested in Vietnamese real estate

Many large foreign corporations have increased investment in the housing market of Vietnam by forming joint ventures or buying shares of domestic enterprises. Ho Chi Minh City and Hanoi are the most attractive markets in the eyes of investors from Asia like Japan, Korea, and Singapore.In the third quarter, the real estate market in HCM City recorded the formation of Maeda JV between Maeda - a Japanese firm and Vietnamese company Thien Duc to develop Waterina project in District 2. Maeda is… chat_bubble_outline Read More...

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