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Vietnam Airlines in share sales talks

Following the sale of an 8.8% stake to ANA last year, it is discussing the sale of another 4.1% stake

Published Thu, Nov 9, 2017 · 09:50 PM
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Hanoi

VIETNAM Airlines Corp will offer more shares to foreign investors, including possibly another airline, as it prepares a listing on the Ho Chi Minh City Stock Exchange next year and the government plans to cut its holdings to 51 per cent.

The carrier - which sold an 8.8 per cent stake to ANA Holdings Inc last year for US$108 million - is discussing the sale of another 4.1 per cent stake as early as this month with potential investors, Vietnam Airlines chief executive officer Duong Tri Thanh said on Thursday.

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