VietJet gets shareholder approval to raise foreign ownership cap

VietJet gets shareholder approval to raise foreign ownership cap

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

VietJet Aviation Joint Stock Co., which controls almost half of Vietnam’s domestic airline market after first taking flight six years ago, received shareholder approval to increase foreign ownership to meet investor demand in the nation’s soaring travel industry.

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