VietJet jumps 20% in trading debut as air-travel demand soars
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Hanoi
VIETJET Aviation Joint Stock Co surged by the 20 per cent daily limit in its trading debut on the Ho Chi Minh City Stock Exchange, reflecting investor interest in Vietnam's first mainboard-listed carrier as travel demand soars in the nation.
The stock jumped to 108,000 dong as at 9.19am local time on Tuesday, valuing the low-cost carrier at 32.4 trillion dong (S$2 billion) and exceeding the market values of some rivals such as Asiana Airlines Inc.
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