VietJet plans to sell 15% stake, raise $300 mln via int'l bond sale

Vietnam's budget airline VietJet Aviation is seeking shareholder approval for its plans to sell a stake of up to 15% via a private placement, and to raise $300m through a bond sale on international markets, the company said Tuesday. VietJet said it is targetting a 20% rise in revenue this year to 21.9t dong ($951.35m), adding it will hold a shareholders' meeting later on Tuesday.<br/>