Vietnam Airlines gets code of practice approved as parent company
07:23 | 16/11/2006
VNGOVNet - Prime Minister Nguyễn Tấn Dũng has signed Decision 259/2006/QĐ-TTg putting a code of practice in place for Vietnam Airlines as a parent company.

Under the decision, Vietnam Airlines is a State corporation operating in line with the Law on State Enterprises. Its international business name is “Vietnam Airlines Corporation” (Vietnam Airlines for short). It has a logo in the shape of a "Golden Lotus".

An aircraft of Vietnam Airlines

The corporation is designed to operate in the areas of air transport, maintenance of aircraft, aviation engines, components and equipment and other technical items; import and export of aircraft, aviation engines, components and equipment in the following forms: rent, lease out, lease-purchase, purchase and sell; commercial ground technical services; agency for other airlines; in-flight food production, processing, import and export; aircraft fuels import, export and provision; and finance, finance-lease, and banking services.

Vietnam Airlines management consists of a management board (no more than 7 members), a control board (5 members), a general director, vice general directors, chief accountant and an assistant panel.

The Vietnam Airlines Corporation as a parent company has nine financially dependent units, eight other dependent units, a non-productive unit, two one-member limited-liability companies, one limited liability company with more than two members, nine joint-stock companies, four joint-venture companies with foreign partners, and five partnership companies.

By Quang Vinh

(Source: Decision 259/2006/QĐ-TTg)

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