EconomyVietnam Airlines awaits rescue package from National Assembly
Lawmakers consider capital increase and loans worth $520mn
Vietnam's National Assembly has two days left in which to work out details of a half-billion-dollar rescue of cash-strapped flag carrier Vietnam Airlines. © Reuters
TOMOYA ONISHI, Nikkei staff writer
November 13, 2020 19:32 JST
HANOI -- The National Assembly of Vietnam is set to deliberate a 12 trillion dong ($520 million) rescue of cash-strapped flag carrier Vietnam Airlines, a package in which the state would underwrite the majority of a capital increase and state lenders would offer soft loans.