VJC: Vietjet Air to propose foreign ownership limit (FOL) from 30% to 49%. Vietjet Air (Upcom: VJC) plans to seek approval from its shareholders to lift its FOL to 49% from the current level of 30%. This, according to the company, will increase the liquidity of the stock and also enhance the ability to further raise capital. The VJC’s Annual General Meeting 2016 will be held on April 20, 2017.