Global Trade Alert
Global Trade Alert

Vietnam: Provided VND 12 trillion of Rescue Plan Package to Vietnam Airlines

Announcement

17 Nov 2020

In November 2020, Vietnam provided VND 12 trillion (USD 518 million) in the form of capital equity participation and loans to Vietnam Airlines.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Nov 2020

Revocation date:

No revocation date

Updated: 17 Nov 2020
State loan In force

On 17 November 2020, following the approval of the VND 12 trillion (USD 518 million) rescue plan package for Vietnam Airlines, Vietnam provided VND 4 trillion (USD 172.7 million) loan to the airlin...

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Updated: 17 Nov 2020
Capital injection and equity stakes (including bailouts) In force

On 17 November 2020, Vietnam's National Assembly approved a VND 12 trillion (USD 520 million) rescue plan package for Vietnam Airlines. It aimed to help the Vietnam Airlines who had been ...

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