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Vietnam Airlines aims to raise US$51m in IPO

Monday, June 23, 2014 - 06:00

[HANOI] National carrier Vietnam Airlines is seeking to raise US$51 million in an initial public offering (IPO) that will only offer a small fraction of the firm's shares to the public and which values the company at US$1.5 billion.The government plans to retain 75 per cent of the company while