In Vietnam, still many billionaires are hidden as their business activities are not transparent and listed on bourse, according to Doctor Nguyen Van Thuan from the HoChiMinh City Marketing and Financial University.
The total investment capital which is required for the expansion and upgrading of Cat Bi airport is estimated at VND6 trillion (equivalent to US$264.55 million).
VietJet is borrowing nearly VND7.5 trillion (equivalent to US$328.67 million) to pay a deposit on airplane purchase contracts, VietJet reported.
Vietnam has emerged as one of the world’s fastest growing aviation markets, which creates a lot of opportunities for airlines, espcially Low-Cost Carriers (LCCs) such as Vietjet. However, whether Vietjet can take advantage of these is another question.
On July 25, Vietjet Air (Vietnam) and Japan Airlines (JAL) signed an agreement to start code-share cooperation for all flight services between Japan and Vietnam.
Private Vietnamese air carriers are the leading corporations in the field of tourism and resort real estate. Sovico Holdings has Vietjet, Thien Minh Group has Hai Au, and FLC is moving ahead with Bamboo Airways project.
A number of official statements to establish new airlines in Vietnam have been issued recently by domestic and foreign investors.
Both Vietjet and VNG have said they want to be the first Vietnamese enterprises to list shares on foreign bourses. Other firms have tried to do so in the past.
Agreement to facilitate financing of aircraft purchases and the sharing of best practices.
Companies seek IPOs as Vietnam pushes bilateral ties following TPP setback.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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