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Companies

Vingroup takes expansion to the skies with new aviation unit

Latest venture raises concern that Vietnamese company has spread itself too thin

Vinpearl Air, new aviation unit under Vingroup, will initially focus on training pilots.   © Reuters

HANOI -- Vingroup, Vietnam's largest private conglomerate, has continued its rapid expansion by launching an aviation wing in hopes of becoming the country's sixth carrier after forays into car and smartphone production.

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