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Companies

Vietnam Airlines eyes listing to fund growth as tourism booms

State-owned carrier valued at $2bn but faces competition from low-cost start-ups

According to Vietnam Airlines' chief, the final decision on listing the carrier would be made by the Vietnamese government.   © Reuters

HANOI (Financial Times) -- Vietnam Airlines plans to list its shares on the Ho Chi Minh City Stock Exchange in the first quarter of 2019, raising the state-owned carrier’s profile and positioning it to fund development of its fleet as it faces growing competition from low-cost carriers. 

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