Vietjet's ambitions soar beyond Southeast Asia

Vietnam budget carrier now has bigger market cap than AirAsia

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A Vietjet aircraft is seen at Tan Son Nhat airport in Ho Chi Minh.

TOMOYA ONISHI, Nikkei staff writer

HANOI -- Vietjet Aviation, Vietnam's largest budget carrier, has grown into the second-most-valuable airline in Southeast Asia by market capitalization, and is building on that success to create a network of international routes stretching outside the region.

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