Vietnam Airlines, seen by some foreign investors as a “crown jewel” among the country’s disparate state-owned enterprises, is relaunching its long-stalled privatisation plan and hopes to complete a partial initial public offering by 2012.
The prices of return tickets on flights from Vietnam to other Southeast Asian countries will see the highest cut of 85% to VND 950,000, followed by flights to Japan and the Republic of Korea with a discount of 82% to VND 5.8 million.