VOV.VN - National airline Bamboo Airways is expected to be listed on the Ho Chi Minh City Stock Exchange ahead in the fourth quarter of the year, with the firm aiming to double its number of domestic routes in addition to restarting its air routes to the United States by the end of 2021 or in early 2022.
Bamboo Airways is offering its shares to strategic foreign investors for a minimum of 160,000 VND (6.90 USD) per share.
Vietnamese carrier Bamboo Airways took delivery of a Boeing 787-9 Dreamliner, its first wide-body aircraft, at Noi Bai International Airport, Hanoi, on December 22.
The new budget carrier Bamboo Airways plans to list 400 million shares on Ho Chi Minh City Stock Exchange or Hanoi Stock Exchange in January 2020 at the earliest.
Bamboo Airways, a subsidiary of real estate developer FLC Group, is planning to issue an initial public offering (IPO) in 2020 to serve its expansion plans.
Bamboo Airways, Vietnam’s newest carrier, signed a nearly-3-billion-USD contract to buy 10 Boeing 787-9 Dreamliner wide-body jets with the US group on February 27.
FLC Group has inaugurated its five-star FLC Ha Long ecological resort project in Ha Long city, the northeastern province of Quang Ninh.
Bamboo Airways will launch its first domestic flight on December 29, starting a journey to conquer the aviation market as the firm received its license to fly in Vietnam.
A representative of the FLC economic group has announced that its Bamboo Airway is completing the final preparations for its debut early next year.
Property developer FLC Group, which owns Viet Bamboo Airways Company Limited (Bamboo Airways), has decided to buy 24 A321 Neo aircrafts worth US$3 billion from French manufacturer Airbus.
2017 was a discouraging year for investors who poured money into condotels. However, analysts believe that once legal problems are settled, investment in this type of property will be increasing rapidly.
Five richest families have seen their wealth swell in early 2018 thanks to the boom of Vietnam’s stock market.
VOV.VN - The Chairman of FLC Group Trinh Van Quyet became the richest man working the stock market in 2017 at the end of trading on December 29.
FLC Group plans to invest US$1.5 billion in hi-tech agriculture in Vietnam in the 2018-20 period.
The FLC Group will begin the building of its eco-resort and entertainment complex in the central province of Nghe An in the first quarter of 2018.
The FLC Group wants to develop a smart urban complex in the centre of northern Thai Binh city, Trinh Van Quyet, the group’s chairman of the management board, has said.
The list of the top richest millionaires in the stock market changes regularly because of changes in business ownership, falls in share prices and slumping business.
Real estate giants Pham Nhat Vuong and Trinh Van Quyet switched places for top spot as the richest stock billionaire.
Analysts believe that the stock market is still the most effective investment channel this year, though the yield will be lower than in the golden days in the past.
Pham Nhat Vuong, president of Vingroup, Trinh Van Quyet, president of FLC and Bui Van Nhon, president of Novaland are developers of the most luxurious projects in Vietnam. They have now jumped into the low-cost apartment market segment.