HVN
21
November
Aviation – Note – [NONRATED] – Competition arises in the international market
In 3Q24, the aviation industry revenue (represented by HVN and VJC with 70- 80% of total scheduled seats) increased 9% YoY thanks to higher air traffic (+7% YoY), but lower...
22
August
HVN – Brief – [NONRATED] – Debt write-off saved bottom line
In 2Q24, HVN carried 5.8mn passengers (+14% YoY) and reported a VND24.9tn revenue (+20% YoY). NPAT increased to VND1.0tn, however, excluding profits from the debt write-off in 1Q24 and 2Q24,...
05
July
Aviation sector – In-depth – [NONRATED] – Turnaround year
In 1Q24, VJC and HVN’s transportation revenue went up despite negative air passenger growth, which resulted from (1) Vietnamese airlines’ expansion to the international market and (2) higher fares due...
Featured Analysis
Outlook 2025: Steep Path, Decent Horizon
Market commentary: The third corrective session
Derivatives: Continued caution
Derivatives: Awaiting a breakout signal
Market commentary: Cautious market
Market commentary: Retreating index
Derivatives: Maintaining caution
