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ANA to be likely buyer of Viet airline's stake

Published Tue, Sep 16, 2014 · 04:00 PM
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[HANOI] Vietnam Airlines has identified Japan's All Nippon Airways (ANA) as a possible strategic partner as part of the flag carrier's partial privatisation plan, state media quoted its president as saying on Tuesday.

President and chief executive Pham Ngoc Minh named ANA, which raised US$1.6 billion via a share offer in 2012 to fund purchases in Asian airlines, as a one of several firms in the running for a 20 per cent stake up for grabs in the airline, the Vietnam Economic Times reported.

Several other newspapers carried similar stories on Tuesday naming ANA as a possible partner.

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