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Lotte shakes hand with FLC to accelerate property investments in Vietnam

A joint venture between FLC Group and Lotte Land has been formed in early June with a chartered capital of over $24 million to invest in a real estate project in Hanoi.

FLC founder takes over as president and CEO of Bamboo Airways amid ambitious expansion

The private airline plans to start international flights to Singapore and Japan in the next couple of months.

FLC enters into pharmaceutical and medical industry

The high-tech pharmaceutical complex project invested by FLC Group is expected to be built on an area of over 500 hectares in Van Don district, Quang Ninh province.

Bamboo Airways takes off on platform of FLC's ecosystem

A series of resort property projects that FLC Group has been developing will enable Bamboo Airways to become more competitive in Vietnam's rapidly growing aviation market.

Bamboo Airways commits to 20 Boeing 787-9 Dreamliner aircraft

This commitment in $5.6 billion deal marks the first widebody long-haul airplanes for FLC Group-owned Bamboo Airways.

Billionaire Trinh Van Quyet’s airline is likely to 'threaten' Vietnam Airlines and Vietjet Air

Bamboo Airways may pose a risk of competition with Vietnam Airlines or Vietjet Air; however, this prospect will only happen as early as 2019.

Billionaires in the hand of banks

Being a billionaire by owning billions of dollar of assets, many Vietnamese businesses use these assets to secure their loans or related companies at banks.

Controversy raised over legalization of condotels

About the viewpoint of FLC Chairman Trinh Van Quyet on proposing to apply the civil code to settle legal issues for condotels, many lawyers disagreed because they said it was not suitable.

FLC Faros shareholders pay a price for its liquidity

The brokerage fee that Faros shareholders have paid since the listing was estimated at VND332 billion (about US$14.6 million).

Vietnam's FLC Group plans to lease seven planes from Airbus for new carrier

The new carrier will have a fleet of 'about seven' aircraft by 2018, and its first flight could take place in early 2018.

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