Transportation in Vietnam
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Vietnam's fledgling airline industry
VIETNAM, 2014/01/11 National carrier Vietnam Airlines earned 533 billion dong ($25.3 million) in gross profit last year, beating its own annual target by 34 % as seat occupancy reached a record high, the airline said in a statement on Friday. The flag carrier dominates the local market and has been preparing for an IPO in the second quarter of 2014, part of Vietnam's effort to boost financial and operational strength of a national sector with low efficiency despite easy access to credit.
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