On May 29, 2019, the Hanoi Business Registration Office granted a change of registration to VinAsia Development Service and Trading JSC, which was established on April 22 this year with a charter capital of VND1.3 trillion ($56.52 million), to change its name to Vinpearl Air Aviation JSC. Is Vingroup is joining the Vietnamese aviation scene through Vinpearl Air. Source: Hanoinews Along with changing its name, the main business line has also been changed from real estate to passenger air transport with the headquarter of Vinpearl Air at Vinhomes Riverside, Long Bien district, Hanoi. The three founding shareholders include VinAsia Tourism Development JSC (45 per cent), Hoang Quoc Thuy (30 per cent), and Pham Khac Phuong (25 per cent). Phuong used to hold key positions at Vingroup and Vinpearl. Together with Vinpearl Air, 2019 witnessed the launching of two new airlines Vietravel Airlines (established by Vietravel) and Thien Minh Airlines of Thien Minh Group. The Vietnamese … [Read more...] about Vingroup breaks into aviation with Vinpearl Air?