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Wednesday, June 19 2019
IPO is Initial Public Offering in which a company sells its shares to the general public for the first time. Under the plan of equitisation of State enterprises, Vietnam Airlines intends to perform its IPO in September 2014.
Government will approve the value and number of stakes in the IPO expected to be implemented in June of Vietnam Airlines. Accordingly, the carrier is on the way to seek a strategic investor in coming Quarter IV.
After completing IPO (Initial Public Offering) plan, Vietnam Airlines will replace all its fleet with modern airplanes of Boeing 787 and Airbus 350. The airline also appeals investors by listing share in stock exchanges.