Thai Vietjet accounts for 17.3 percent of Thailand’s aviation market share, ranking the second for the first time, according to the Civil Aviation Authority of Thailand (CAAT)'s air transport statistics for the fourth quarter of 2020.
Vietjet cabin crew in a celebration activity during the Lunar New Year at Suvarnabhumi Airport (Photo courtesy of Vietjet)
Hanoi (VNA) - Thai Vietjet accounts for 17.3 percent of Thailand’s aviation market share, ranking the second for the first time, according to the Civil Aviation Authority of Thailand (CAAT)'s air transport statistics for the fourth quarter of 2020.
❀ Starting its regular commercial services in September 2016 as the youngest airline to enter the Thai market, thecarrier has won preference by local and international travelers.
The new-age carrier Vietjet has not only revolutionised the aviation industry in Vietnam, but also been a pioneering airline across the region and around the world. With a focus on cost management ability, effective operation and performance, it offers flight opportunities with affordable and flexible fairs as well as diverse services to meet customers' demands.
Thai Vietjet aircraft (Photo: VNA)
Vietjet is afull member of the International Air Transport Association (IATA) with theIATA Operational Safety Audit (IOSA) certificate.
💛 As Vietnam’slargest private carrier, Vietjet was awarded the 7-star safety ranking, the highest, in 2018 and 2019 by the world’s only safety and product ratingwebsite airlineratings.com, and listed as one of the world's 50 best airlines for healthy financing andoperation by Airfinance Journal in 2018 and 2019.
The airline has also won the title of the Best Low-Cost Carrier by such renowned organisations as Skytrax,CAPA, and Airline Ratings./.
New-age carrier Vietjet has been listed in “the World’s Top 10 Safest & Best Low-Cost Airlines 2021” by AirlineRatings, the world’s famous airline safety and product rating website.
Payload Asia, an international magazine for air freight industry, on January 22 honoured Vietjet as ‘The Low-Cost Carrier of the Year’ and ‘The Belly Carrier of the Year’ for its outstanding cargo transportation in 2020.
Vietjet has announced a plan to support customers with their flight to and from Van Don, the northern province of Quang Ninh, from January 29 to February 13 due to the impact of the COVID-19 pandemic.
Vietjet Aviation Joint Stock Company (HOSE: VJC) has released its financial statements reporting 4,430 billion VND (approx. 192 million USD) of consolidated revenue in the fourth quarter of 2020 and a total of 18,210 billion VND (approx. 790 million USD) of consolidated revenue in 2020.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.