Vietnam Airlines earns pre-tax profit of nearly 2 trillion VND
The national flag carrier, Vietnam Airlines, has reported that its revenues in 2018 are estimated to hit 73.3 trillion VND (over 3.1 billion USD), meeting 99.8 percent of its set plan.
Illustrative image (Photo provided by Vietnam Airlines)
Hanoi (VNA) - The national flag carrier, Vietnam Airlines,has reported that its revenues in 2018 are estimated to hit 73.3 trillion VND (over3.1 billion USD), meeting 99.8 percent of its set plan.
The carrier’s pre-tax profit is estimated at 1.96 trillion VND (84.3million USD), 0.04 percent higher than the set plan.
In the year, Vietnam Airlines operated 154,000 flights with over 340,000 flyinghours, meeting 93 percent and 97 percent of the set plan.
It transported 22 million passengers, equivalent to the figure of 2017, meeting91 percent of the set plan, and approximately 350,000 cargoes, accomplishingthe yearly plan.
The carrier’s OTP departures hit 88.5 percent, a 0.5 point higher than the setgoal while OTP arrivals reached 80 percent, meeting the set goal.-VNA
National flag carrier Vietnam Airlines has won the World’s Leading Airline – Premium Economy Class 2018 and the World’s Leading Cultural Airline 2018 titles of the World Travel Awards (WTA).
The number of passengers going through Vietnamese airports is estimated to hit 106 million by the end of this year, a rise of 12.9 percent year-on-year, according to the Civil Aviation Authority of Vietnam (CAAV).
The Noi Bai Catering Service JSC (NCS), a member of the national flag carrier Vietnam Airlines, has inaugurated a new food processing centre at the Noi Bai International Airport.
Vietnam Airlines and Jetstar Pacific have announced that they will add more than 134,000 seats on domestic flights serving the peak Lunar New Year (Tet) season between January 20 and February 19.
The national flag carrier Vietnam Airlines on December 30 opened a new air route connecting Ho Chi Minh City and Van Don international airport in the northern coastal province of Quang Ninh, which officially became operational on the same day.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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.
Illustrative image (Photo provided by Vietnam Airlines) 
