We attended ACV’s AGM on June 26, 2020, in Ho Chi Minh City.Shareholders approved ACV’s 2020 guidance for total income (including revenue, financial income and other income) declining 45% YoY to VND11tn (USD490mn) and a 80% YoY decline in PBT to VND2tn (USD87mn). Moreover, ACV guides for a 41% YoY drop in total passengers to 69.2 million passengers in 2020F.