With upgraded and modernised infrastructure, the low-cost carrier Vietjet Air has significantly changed Vietnam’s aviation sector and given the public easier access to air travel since it launched flights in 2012.
The carrier continues to focus on developing its fleet in a bid to expand its network. At the Paris Air Show 2015, Vietjet Air decided to purchase an additional six A321 aircraft worth 682 million USD, which are expected to be delivered in 2017.
At the event, the low-cost airline signed a 60-million-USD credit agreement with French bank BNP Paribas, which had earlier consulted Vietjet Air about purchase-and-rent transactions of over 100 planes with Airbus. Besides the credit deal, the carrier inked a 1.5-million-USD insurance package for its fleet during the 2015-2016 period.
Those agreements will serve as a catalyst for Vietjet Air to spread its wings in “open skies”, a move to make its brand closer to both domestic and foreign travellers.
According to Vietjet Air Managing Director Luu Duc Khanh, the airline believes that with concerted reform efforts, it will receive further support to improve its scale and quality, contributing to building an integrated civil aviation sector.
Thanks to the Government’s policy to privatise air transport as well as Vietjet Air’s strategic investment plan, the airline has seen stellar performance with the transportation of over 12 million passengers over the past three years.
Local airports are now bustling with Vietjet Air’s domestic and international flights. Never before have so many flights operated between Hanoi and Ho Chi Minh City; there are currently more than 50 daily flights connecting the country’s two largest hubs, departing every 15-20 minutes.
According to statistics from the Civil Aviation Administration of Vietnam, Vietjet Air contributed 70 percent to the Vietnamese air transport growth of 26 percent in the first six months of 2015. The carrier has made air travel affordable for Vietnamese people and escalated competitiveness in the aviation sector, having a positive ripple effect in other carriers’ operation.
The airline has received eight modern aircraft in the contract to purchase 107 jets from Airbus, increasing the total number of modern planes in its fleet to 26 including A320 and A321 generations.
It has also helped popularise images of a proactive and modern Vietnam to international friends, paving the way to develop tourism and draw more investments to the country.-VNA
Low-cost carrier Vietjet Air is offering more than half a million promotional tickets starting from 0 VND in its week-long summer holiday promotion between July 22 and 29 to celebrate the launch of its new routes to Seoul (the Republic of Korea), Yangon (Myanmar) and Pleiku.
Low-cost carrier Vietjet Air unveiled on June 17 that it had signed a 60-million-USD credit packet with BNP Paribas, a French bank, to buy six Airbus A32 planes at the ongoing Paris Air Show.
Low-budget carrier Vietjet Air has won a Gold Awards 2015 from the Pacific Asia Travel Association (PATA) for its marketing project “With Vietjet, Saigon is closer”, it revealed on July 23.
Low-cost carrier Vietjet Air placed an order worth 682 million USD on June 17 to purchase six additional Airbus A321 jets during the ongoing 51 st International Paris Air Show in France.
The VietJet Aviation Joint Stock Company (VietJet Air) earned 5.7 trillion VND (256.5 million USD) in revenue during the first half this year, up 205 percent from the same period last year.
The low-cost carrier Vietjet Air has entered the top three fastest growing Facebook airlines brands in the world as rated by analysis website Socialbakers.
Low-cost carrier VietJet Air has begun to sell tickets on domestic and international routes from Vietnam to Thailand, Singapore, Taiwan, the RoK and Myanmar for the 2016 New Year holiday.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
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This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
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Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.