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Friday, April 26, 2024

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restructuring plan

Pacific Airlines undergoes restructuring

HCMC - Given its protracted financial woes, Pacific Airlines is working on a restructuring plan, which includes leasing aircraft from its parent company Vietnam...

FLC cuts workforce by 60% in reshuffle

HCMC – As part of its restructuring plan, FLC has reduced its workforce by 60% while continuing employing over 3,500 people in the group. An...

Corporate restructuring gets underway

In the context of disrupted cash flows and restricted access to capital, the corporate circle is rolling up its sleeves to drastically restructure its...

VNR moots merging Hanoi and Saigon Railway Transport JSCs

HCMC - The Vietnam Railway Corporation (VNR) has proposed merging the Hanoi and Saigon Railway Transport JSCs to reduce costs. VNR Chairman Vu Anh Minh...

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