Annual Report 2016

Feb 28, 2017 - University and a master's degree in Economics. Madam Nguyen Thi. Phuong .... degree in accounting from the Hanoi University of Finance and ...
13MB Sizes 50 Downloads 375 Views
Annual Report

Head Office: Block 1, Apartment 2C, Van Phuc Diplomatic Corps, Ngoc Khanh Ward, Ba Dinh District, Hanoi, Vietnam Representative office: 8th Floor, CT Plaza, 60A Truong Son, Ward 2, Tan Binh District, Ho Chi Minh City, Vietnam

2016

BUSINESS INFORMATION n Company

name 7JFUOBNFTFOBNF $¼/(5:$˩1)˒/)®/(,)¼/(7*&5+&5 &OHMJTIOBNF 7*&5+&5"7*"5*0/+0*/5450$,$0.1"/: 4IPSUOBNF 7*&5+&5+4$ 5SBEFOBNF 7*&5+&5"*3 n Number and Issuance date of Business Registration Certificate of the Joint Stock Company: n Business code No.: JTTVFECZ)BOPJ"VUIPSJUZ  GPS1MBOOJOHBOE*OWFTUNFOU  TUSFHJTUSBUJPOEBUFE+VMZSE   SEBNFOENFOUSFHJTUSBUJPOEBUFE.BSDIUI  n Head Office: #MPDL "QBSUNFOU$ 7BO1IVD%JQMPNBUJD$PSQT   /HPD,IBOI8BSE #B%JOI%JTUSJDU )BOPJ 7JFUOBN n Tel/Fax: Tel:   Fax:   n Website:  XXXWJFUKFUBJSDPN n Representative office:  UI'MPPS $51MB[B "5SVPOH4PO 8BSE 5BO#JOI%JTUSJDU   )P$IJ.JOI$JUZ 7JFUOBN n Capital: 7/%     5ISFFUSJMMJPO7JFUOBNEPOH

n Total number of shares:  TIBSFT 5ISFFIVOESFENJMMJPOTIBSFT

n Stock code: 7+$ n Air Transport Business License No.   (1,%7$),EBUFEUI%FDFNCFS 

Business Information Vision - Mission - Core value Corporate Culture Major financial statements Chairwoman’s letter

4 6 8 11

OVERVIEW History and Development Business Organizational structure and key personnel Investor Relations Risks Vietnam Aviation and Market overview in 2016 Business development strategy Market overview 2017 Awards over five years

14 18 20 32 34 38 43 45 46

THE COMPANY’S PERFORMANCE 2016

CONTENT

Business & Operational Results 2016 Flight network extension Fleet expansion Product & Service Human Resources Subsidiary Units Typical events of the year 2016 Financial situation in general Share information and shareholding structure

50 52 54 56 58 60 64 68 70

ASSESSMENT OF BOM Assessment of business results of BOM Business strategic planning

75 77

PERFORMANCE OF THE BOARD OF DIRECTORS AND INSPECTION COMMITTEE

BÁO CÁO TÀI CHÍNH

4

Assessment of company performance and the BOM performance The Board of Directors performance in 2016 Oriented business plan of BOD Committees’ activitie Reports of Inspection Committee Supervising results of Inspection Committee Transactions, allowances and benefits of BOD BoM and Inspection Committee Risk management

SUSTAINABLE DEVELOPMENT PROGRAM FINANCIAL REPORT

80 81 84 85 86 87 89 90 92 100

Vision To become a multinational airline with an expanded regional and global flight network, providing not only air transportation services but also consumer demanded goods and services across advanced e-commerce platforms. n To become one of the most favorite and trustworthy and highly prestigious brands for travelers all over the world. n

Mission Continuously expand our flight network globally to create more and more flight opportunities for people all over the world. n To make a breakthrough in terms of services an airline offers through the adoption of e-commerce platforms that allow us to tap global trends with technology. n To make air travel the most popular form of transportation for the Vietnamese and all citizens around the world. n To bring happiness and satisfaction to our customers by offering outstanding services with friendly smiles. n To maximize benefits for customers, shareholders and employees. n

Core Values n n n n

SAFE FUNNY AFFORDABLE PUNCTUAL

6

Corporate Culture n n n n n

Safety First Approach Integrity Innovation, Inspiration Hardwork, Resourcefulness Happiness, Strength and Dynamic

Safety Culture All leaders and staff members