Vietnam Airlines asked to transfer its fuel subsidiary, Skypec to PetroVietNam

To support the restructuring of Vietnam Airlines, the Government of Vietnam has requested the Commission for the Management of State Capital at Enterprises (CMSC) to transfer Vietnam Air Petrol Company (Skypec) from Vietnam Airlines to PetroVietNam (PVN). This deal also aims to strengthen PVN’s capacity in the supply chain and petroleum production. CMSC is also asked to report any issues that are beyond its authority and propose solutions to Deputy Prime Minister Lê Minh Khái before July 15. At the beginning of this year, Vietnam Airlines has consulted firms to implement Skypec’s plan of transferring capital to resolve the financial