Vietnam Airlines charts comeback with $840m capital boost, 50 new planes

Flag carrier hit hard by pandemic buoyed by first net profit in 5 years

20250606N Vietnam Airlines

Vietnam Airlines' comeback will by supported by the rapid growth in Asia passenger demand. (Photo by Konosuke Urata)

YUJI NITTA and KEIICHI FURUKAWA

HANOI/TOKYO -- Vietnam Airlines plans to raise 22 trillion dong ($844 million) by issuing shares and purchase 50 new aircraft on the heels of its first net profit in five years, part of a comeback course that looks to tap growing passenger demand in Asia.

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