Vietnam to raise airline foreign ownership cap, carriers to further adjust operations
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HANOI, May 13 : Vietnam is considering raising the foreign ownership cap for domestic airlines to 49 per cent from 34 per cent, state media reported, citing a draft document from the Construction Ministry. The move aims to help carriers attract investment, strengthen finances and access modern technology as well as management and operational expertise from their foreign partners, Dau Tu newspaper reported late on Tuesday, citing the draft. • Raising the cap would also align with Vietnam's
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