Singapore expresses interest in VietJet's first overseas listing

The airline controls more than 40% of Vietnam's domestic market.

Bloomberg Markets reported that VietJet Aviation Joint Stock Co. is in talks to become the first company in Vietnam to list its shares on a stock exchange overseas as the carrier, which controls more than 40 percent of the domestic airline market, seeks more funds after plans for billions of dollars in aircraft purchases.

“We’ve been approached by some foreign stock exchanges including London, Hong Kong and Singapore, which expressed their interest in our stock,” Nguyen Thi Phuong Thao, VietJet’s founder and chief executive officer, said in an interview in Hanoi on Sunday. Thao said she will meet exchange officials in New York later this week.

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