Vietnam Airlines to reduce State funding to 51%Vietnam Airlines plans to reduce State ownership to 51 per cent of the charter capital in the next three years. The roadmap to reduce State ownership in the company is divided into two stages. In the period 2018-19, Vietnam Airlines will continue offering shares worth about 10-20 per cent of the charter capital. Vietnam Airlines has a charter capital of nearly VND12.28 trillion, of which the State holds 1.057 billion shares, equivalent to 86 per cent of the charter capital. The methods to increase charter capital to reduce the rate of State ownership are being considered by representatives of State-owned capital at Vietnam Airlines.

Source: VietNamNet News December 26, 2017 04:41 UTC