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Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Sunday, July 20, 2025

Bamboo Airways denies sale of shares to Chinese investors

Must read

HCMC – Bamboo Airways, a subsidiary of property developer FLC Group, has rejected rumors being circulated on the internet that it has sold 49% of its stake to Chinese investors, reported Thanh Nien newspaper.

According to Bamboo Airways, some Facebook users have shared information from an unverified website stating that the airline had sold the stake to Chinese investors that may help China manipulate Vietnam’s airspace.

In response, the carrier confirmed that it has no Chinese investors and none of its shareholders have received funding from Chinese investors.

The legal department at Bamboo Airways has submitted evidence supporting its position to the competent agencies to help the carrier address the fake news.

Also, the website has been identified on Vietnam’s mainstream media platforms as a source of fake and anti-State news, noted the carrier.

Earlier, FLC Group in its 2019 financial report stated that its current ownership in Bamboo Airways is now 52.1%, down from 100%. However, both FLC and Bamboo Airways have yet to release official information on the investors who purchased the 47.9% stake in the carrier.

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