Vietnamese budget carrier Vietjet to raise up to $194m in IPO

Vietnamese budget carrier Vietjet to raise up to $194m in IPO

A VietJet A320 airplane is seen while parking before departure for Bangkok, at Noi Bai international airport in Hanoi September 25, 2013. REUTERS/Kham

Vietnamese budget airline VietJet and its controlling shareholder plan to raise up to $194 million in an initial public offering, IFR reported on Friday, citing a term sheet of the transaction.

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