The bonds are without collateral with a maturity of five years starting from May 24.
Revenues in the first quarter fell 56 percent year-on-year to VND4.05 trillion. In the same period, the company reaped post-tax profit of VND123.32 billion.
The profit came from its other investment to make up for the loss in its main business that is taking hits from social distancing.
It managed to lower operating costs by half and sales and administration costs by 39 percent.
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Asia Coffee-Vietnam prices flat on slow trade at end of crop season
industries | 412776549Vietnam's domestic coffee prices stayed unchanged on Thursday from a week earlier, with trading activities expected to remain subdued until the next harvest season in October, traders said.
Fuel distributors want higher commission as bankruptcy looms
economy | 412766552Fuel distributors want a commission of VND1,500 ($0.06) per liter instead of zero as the mounting losses are pushing them to the verge of bankruptcy.
PetroVietnam expects approval for Exxon gas field this month
business | 304636563The field is expected to produce about 10 billion cubic meters of natural gas per year.
Vietravel stock restricted to Friday trading
companies | 411776553The Hanoi Stock Exchange has restricted trading in VTR stock of tour operator Vietravel on the UPCoM market to Friday sessions from Sept. 13 on account of negative equity.
Vietravel Airlines plans launch of air cargo service
companies | 411166552Vietnamese carrier Vietravel will cooperate with HCMC-based Asean Cargo Gateway Joint Stock Company (ACG) to launch an air cargo service, contributing 51 percent and 49 percent of the capital, respectively.
Mekong Delta province plans on recreating endangered crane flock
news | 412286553Dong Thap Province in the Mekong Delta is working on a plan to save red-crowned cranes from extinction by creating a new flock with eggs imported from Thailand.
VnExpress Marathon to become an annual event in central Vietnam
other-sports | 304806572The positive impacts of the inaugural VnExpress Marathon have motivated Binh Dinh Province to host the event every year from 2020 to 2025.
Man slashes off wife's arms for cheating on him
news | 412316554A man in southern Vietnam's Dong Nai Province slashed off both of his wife's arms because he suspected she had cheated on him.
Man scams HIV patient out of money
news | 412296551A man told an HIV patient that Australia had a cure, promised successful treatment and then got away with VND4 billion ($169,400).
Hanoi police seize 100 rice wine jars containing wild animals
news | 412046552More than 100 jars of rice wine distilled with pythons, large lizards, cobras and deer have been found at two condo apartments in Hanoi.