Vietnam Airlines announced that the company has completed a new share offering, reaching a market capitalisation of $2.4 billion.
As part of the offering, Vietnam Airlines listed over 1.4 billion shares on the Ho Chi Minh City Stock Exchange.
The shares, under the ticker HVN, started trading at the reference price of $1.76 apiece, with the stock jumping about 0.7 percent during morning trading.
Furthermore, Vietnam Airlines is targeting to achieve consolidated revenue of nearly $4.8 billion, up 12.9 percent year on year.