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Malaysia's AirAsia again tries to take off in Vietnam

Protections stymie discount carrier's bids at entering lucrative market

Jets from Vietjet Air, above, and Vietnam Airlines at Vietnam's Tan Son Nhat International Airport

HANOI -- After failing three times, Malaysian discount air carrier AirAsia is once again trying to crack the growing, but well-protected, Vietnamese airline market

Vietnam closely guards its airline market, dominated by state-run Vietnam Airlines and local discount carrier Vietjet Air, but growth potential is such that it is attracting yet another bid by AirAsia, its fourth since 2005.

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