It has been reported that VietJet will be seeking to launch its initial public offering (IPO) soon, possibly by the second quarter of this year. Media estimates IPO valuation at around $1bn.
“We plan to make VietJet a global airline,” company CEO Nguyen Thi Phuong Thao told Bloomberg. “We look at Emirates, which came from a country with a small population and has become a global airline. We want to make VietJet the Emirates of Asia.”