November 09, 2021 | 14:03

Vietnam Airlines picks up $350mln from public share offering

Hà Anh

Vietnam Airlines has sold 796,103,327 shares in a public offering, equal to 99.51 per cent of the total available for sale, earning over VND7.961 billion ($350 million). It will use the funds to repay overdue debts, make up for the shortfall in business activities, and repay short-term and long-term bank loans.

Vietnam Airlines picks up $350mln from public share offering
Photo: Illustration
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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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