Vietnam Airlines incurs record loss in first quarter of 2021

Vietnam Airlines incurs record loss in first quarter of 2021

In the context of fierce competition between airlines to obtain market share as well as prolonged difficulties caused by the Covid-19 epidemic, Vietnam Airlines incurred VND4.975 billion ($215,767) in after-tax loss in the first quarter of 2021.
Saigon’s oldest zoo incurs heavy loss due to Covid-19

Saigon’s oldest zoo incurs heavy loss due to Covid-19

The Saigon Zoo and Botanical Gardens Co. Ltd posted a nearly VND 7 billion ($304,231) loss in 2020 due to the impacts of the Covid-19 pandemic.
Grab incurs heavy loss in Vietnam despite growing revenues

Grab incurs heavy loss in Vietnam despite growing revenues

Grab made debut in the Vietnamese transportation market in 2014 with GrabTaxi Co., Ltd as the first legal entity. By October 2014, the company launched the GrabBike service and began recruiting motorbikers to further operate its transport connection business model.
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