Filum AI secures $1 million amidst funding winter
Filum AI has successfully raised $1 million in funding despite a challenging venture capital market, underscoring the potential of AI and shifting investment strategies.
The country's biggest private carrier continues expanding its international flight network.
The fast-growing private airline has anticipated an increase in air transport revenue to $1.8 billion and profit to $165 million this year.
In order to achieve these goals which were approved by its recent general shareholders meeting, the Vietjet will bring more than 20 international routes into operation with the aim to carry nearly 28 million passengers this year.
The carrier last year earned $1.47 billion in revenue and $132 million in air transport, with increasing contribution from 66 international routes.
Vietjet claims it wants to increase its foreign currency collection through ticket sales which has been benefiting from lower fuel price in international markets as well as boosting sales of ancillary goods which bring high-profit margins.
In the next three years, Vietjet aims to maintain its leading position in the domestic air transport market, effectively expand international routes and consider investment opportunities in infrastructure.
Vietjet last year recorded high growth, transporting 23 million passengers and surpassing Vietnam Airlines to become the biggest carrier in the domestic market. Its before-tax profit, air transport and ancillary revenue all saw a 50 per cent increase.
Vietjet was rated 7 star in safety index, which is the highest level of airlines worldwide while ranked 22nd in the world’s Top 50 best airlines for healthy financing and operation.
Vietjet was the first company in the region to operate the new generation A321neo aircraft which could save up to 16 per cent fuel cost, contributing to lower operation costs this year.
Filum AI has successfully raised $1 million in funding despite a challenging venture capital market, underscoring the potential of AI and shifting investment strategies.
Enterprises are advised to promptly assess and evaluate the impact of the changes in the newly-issued to ensure timely compliance in the upcoming tax finalization period.
Lux Travel DMC has solidified its position as one of the global leaders in sustainable tourism with the prestigious Travelife Certified Sustainability Award 2025.
As AI becomes more prevalent, business leaders must evolve - blending management expertise with a deep understanding of technology and its applications.
The collaboration between Tokyo AA and Rakusei aims to develop high-potential real estate projects, bringing Japanese expertise to Vietnam.
Chief financial officers (CFO) in Southeast Asia are setting their sights on revenue growth to ensure resilience and maintain expansion through economic cycles.