AirAsia Group inks pact to set up JV in Vietnam

AirAsia Group CEO Tony Fernandes and Vietnamese businessman (right) Tran Trong Kien at the signing ceremony.

Malaysia-based low-cost carrier AirAsia Group Bhd has signed a memorandum of cooporation with a Vietnamese partner to reaffirm its intention to set up operations in Vietnam, it said in a statement on Thursday.

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