Vietjet, Vietnam's first private airliner, received approval to list on the Ho Chi Minh City Stock Exchange.
The Ho Chi Minh City Stock Exchange has approved a proposal allowing Vietnam's first private airliner Vietjet to list on the bourse, after the company said it would implement a domestic IPO before any overseas listing.
No listing price and date for Vietjet's IPO was mentioned.
This year, Vietjet expects its profit to jump 30% on listing and plans to resume the overseas IPO intention, according to Deal Street Asia.