Vietravel to Offer 28.6 Million Shares to Raise Capital

Vietravel (Vietnam), a prominent travel and tourism company, has announced its plan to issue 28.6 million shares to the public in the coming months. This share offering is expected to generate approximately US$13.5 million in capital, which will be primarily used to repay outstanding loans and improve the company’s financial stability.

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China Southern to Resume Beijing Daxing to Tehran Route

China Southern Airlines has announced plans to resume its direct service between Beijing Daxing International Airport and Tehran Imam Khomeini International Airport starting March 3, 2025. The route will be operated using the Airbus A330, known for its comfort and efficiency on long-haul flights.