Vietjet shares fly
- BTN News
- Wednesday, 08 May 2024
Vietnam's private budget airline VietJet's market capitalisation is better than state-owned Vietnam Airlines a week after it listed, Yahoo.com says.
VietJet shares have hit VND137,400 (US$6.03), valuing it at US$1.8 billion, beating Vietnam Airlines at US$1.7 billion.
Its market share is expected to top that of Vietnam Airlines this year, thanks to younger Vietnamese residents who travel more.
Some analysts have forecast VietJet shares will pass the VND143,000 mark.
