Vietnam Airlines stock remains under warning due to massive accumulated losses

The Ho Chi Minh City Stock Exchange (HoSE) has maintained the warning status for Vietnam Airlines (HVN) shares. This decision follows the company's semi-annual reviewed consolidated financial report for the first half of 2026, which shows an accumulated undistributed post-tax loss of 23,148.19 billion VND as of June 30, 2026.

Despite the warning, Vietnam Airlines reported a post-tax profit of 2,875 billion VND for the parent company in the first six months of 2026. However, this represents a decrease of 2,947 billion VND compared to the same period in 2025. The company attributed the volatility in profits to rising costs, specifically noting that average fuel prices increased by 55% compared to the previous year, driving up costs by more than 6,000 billion VND.