Today: 19/03/2024 14:00:54 (GMT+7)
THE SPECIALIZED PAGE OF BAC GIANG NEWSPAPER ONLINE

Leading taxi firm posts first ever annual loss

Vinasun, Vietnam’s second largest taxi firm, reported its first ever accumulated loss of VND211 billion ($9.15 million) last year.

The figure far exceeded the firm’s earlier loss forecast for 2020 at VND115 billion. Vinasun leaders have blamed the loss on long-lasting impacts of the Covid-19 pandemic.

The company has already laid off over 1,300 employees and taken other earlier measures to reduce operation costs.

Leading taxi firm, first ever annual loss

Vinasun cabs park on a street in HCMC. 

Vietnam's second largest taxi firm after the Mai Linh Group, Vinasun reported that its revenues plunged 49 percent year-on-year to VND1 trillion last year.

The company leadership had said at an annual general meeting in June that 2020 was the most challenging year for the company since its establishment.

The company shut down most of its operations in April last year when the country began a social distancing campaign to curb the spread of the novel coronavirus.

As of December 31, it had total assets of over VND2.05 trillion, down 22 percent against the beginning of 2020. It now has 4,398 employees.

Strengthened inspections to be carried out during Tet against Covid-19
Strengthened inspections of Covid-19 prevention and control will be carried out across the nation during the upcoming Lunar New Year (Tet) holiday, as announced by the National Steering Committee for Covid-19 response.
 
Online project focuses viewers’ eyes on colours of Vietnam’s wonders
The ‘Wonders of Vietnam’ project was launched via the online Google Arts & Culture platform on January 21, giving the viewer’s eyes a feast full of the colours of Vietnam’s tangible and intangible heritage as well as images from unique corners of the country.
 

Source: VnExpress

Leading taxi firm, first ever annual loss
 
New comment has just been added. Click here
Sort:NewBest News