HANOI: Vietnamese budget airline VietJet, famed for its bikini-clad air hostesses, jumped the maximum 20 percent on its trading debut Tuesday as investors bet on the surging appetite for travel among the country’s increasingly well-heeled middle class.

The country’s largest private airline soared to 108,000 dong ($4.74) in early trading in Ho Chi Minh City, valuing it at $1.4 billion, up from its initial listing of $1.2 billion, and placing it among the largest companies on the main stock exchange

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