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Vietnam budget airlines Vietjet and Bamboo call for government aid

Struggling private sector seeks same treatment as state-run flag carrier

A Bamboo Airways Airbus A321: The Vietnamese low-cost carrier has reportedly sought government aid. (Photo by Melvin Loi via Flickr)

HANOI -- Vietjet, Vietnam's largest low-cost airline, and rival Bamboo Airways have asked the government for financial assistance as they grapple with the impact of the coronavirus pandemic.

Vietjet Vice President Ho Ngoc Yen Phuong asked for 4 trillion dong ($172 million) in low-interest loans, saying that carriers in Thailand and China have already received state aid, according to local media. The airline has already slashed employee pay by 50%, among other cost cuts.

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