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Vietjet Expands Flights to Taiwan and Hong Kong with Exclusive Promotions for Autumn Getaways

Vietjet is enhancing its flight network between Vietnam and Taiwan, Hong Kong, significantly increasing flight frequency from 27 October 2024. Alongside these expansions, travellers can enjoy exciting promotions to plan their autumn and year-end holidays. In Taiwan, new daily flights will be introduced on routes connecting Hanoi and Ho Chi Minh City with Taipei, resulting in two round-trip flights per day on each route. Vietjet will also expand services from Hanoi, Ho Chi Minh City, and Phu Quoc to Taichung and Kaohsiung, with daily operations on each route. With these changes, Vietjet will operate 81 round-trip flights per week across 9 routes between Vietnam and Taiwan, up from the current 46. The Da Nang-Hong Kong route will move to daily operations, up from four weekly flights, while the Phu Quoc-Hong Kong service will also shift to daily flights, bringing the total number of weekly flights between Vietnam and Hong Kong to 18, up from the current 11. These expansions further broade

Vietjet’s H1/2024 financial results show exceptional revenue and profit growth amid rapid expansion

Vietjet Aviation Joint Stock Company (HOSE: VJC) has released its audited financial statement for the first half of 2024 (H1/2024), reporting strong growth in revenue and profit year-over-year (YoY). According to the report, Vietjet’s air transport revenue reached VND33.862 trillion (approx. RM5.98 billion) in the first six months of 2024, slightly higher than the compiled financial statements. Pre-tax profit was recorded at VND1.166 trillion (approx. RM205.79 million), marking a remarkable increase of 688% YoY. The airline reported H1/2024 consolidated revenue of VND34.030 trillion (approx. RM6 billion) and consolidated pre-tax profit of over VND1 trillion (approx. RM176.49 million), representing YOY increases of 15% and 307%, respectively. As of June 30, 2024, Vietjet's total assets exceeded VND92.205 trillion (approx. RM16.273 billion). The debt-to-equity ratio remained at around 2.16, compared to a global average of 5. Its liquidity ratio stood at 1.39, which is within a favour

Vietjet triumphs with double wins at the World Travel Awards 2024

Asia's Leading Airline for Customer Experience 2024 and Asia’s Leading Airline Rewards Programme 2024 Vietjet has once again achieved dual victories at the 2024 World Travel Awards, securing two prestigious titles: "Asia's Leading Airline for Customer Experience" and "Asia's Leading Airline Rewards Programme". This year’s gala ceremony, held in the enchanting capital of the Philippines, Manila, saw the attendance of global leaders and experts from the aviation, travel, and tourism industries. For over three decades, the World Travel Awards (WTA) has globally acknowledged, rewarded, and celebrated excellence across all sectors of the travel, tourism, and hospitality industries. The annual awards are determined by votes from qualified executives within these fields, as well as consumer travel buyers around the world, recognising businesses with the most outstanding product offerings. Graham Cooke, Founder of World Travel Awards, said: “We commend Vietjet f

Vietjet to receive up to 10 new aircraft by year-end

Amidst a global aviation market facing shortages and rising travel demand, Vietjet is expected to take delivery of up to 10 brand-new aircraft by the end of 2024. This expansion will further bolster the airline’s leading modern fleet, aligning perfectly with its development goals and enhancing passenger experiences across its extensive network of both domestic and international routes. Most of the new aircraft, scheduled for delivery from August 2024, are the latest A321neo ACF (Airbus Cabin Flex) model from Airbus. In 2019, Vietjet became the world’s first carrier to operate the ACF model. The A321neo ACF features an improved cabin design, ensuring standard seat dimensions and spacing, offering an enhanced in-flight experience for passengers. These aircraft also provide at least 16% fuel savings, reduce noise by up to 75% and have less emissions by 50%. Recently, Vietjet placed a firm order with Airbus for 20 new-generation wide-body A330neo (A330-900) aircraft, valued at $7.4 billion

Vietjet honoured among Vietnam’s top 50 sustainable companies for green transition initiatives

Vietjet has been proudly recognised in the Top 50 Sustainable Companies Award 2024 by Nhip Cau Dau Tu, Vietnam’s leading business magazine, for its steadfast commitment to sustainability both in the sky and on the ground, alongside other leading Vietnamese enterprises such as FPT, Masan Group, and Vinamilk. This year, Vietjet has received accolades in two significant categories, namely “Outstanding Sustainable Transport” and “Human Resource Strategy for Sustainable Development.” These honours highlight Vietjet’s exceptional achievements in sustainable development, green transition, and low-carbon strategies, as well as its effective human resources management. Vietjet has actively pursued environmental protection and sustainable development since its establishment, aiming to achieve net-zero emissions by 2050. As a frontrunner in green transition initiatives, the airline operates a modern, eco-friendly fleet that reduces fuel consumption by up to 20%, thus lowering emissions. It has al

Vietjet awarded ‘Best Ultra Low-Cost Airline’ and ‘Best Low-Cost Airline Onboard Hospitality’ in 2024

Vietjet has been named ‘the Best Ultra Low-Cost Airline’ and ‘the Best Low-Cost Airline Onboard Hospitality’ for 2024 by AirlineRatings.com, the world’s renowned airline safety and product rating website. Having been awarded with major international awards for years, Vietjet is recognised by AirlineRatings for its dedication to affordable air travel, innovation, diversified services, and its great value in-flight offering. The airline continues to grow its fleet of A330s and A321, and expand its flight network, making air travel accessible to everyone. Vietjet is also known for its pioneering and revolutionary low-cost model products, including a Business-class service that offers top-tier experiences for passengers. Geoffrey Thomas, Airlineratings.com Editor-in-Chief said: “Vietjet is extremely clever in its marketing and has amazing fares but behind the scenes is a very smart and serious business plan that brings affordable travel to millions. The airline has a very modern fleet of A

Vietjet Gears Up for Peak Summer Travel with 1.4 million Seats and New International Routes

Four new international routes including Phu Quoc - Taichung/Kaohsiung and Hanoi - Melbourne/Sydney to be opened in June Vietjet is ramping up its domestic routes by 35% and increasing night flights by 46% to meet the upcoming summer travel surge. Next month, the airline will also launch four new non-stop routes, connecting Vietnam’s beloved tourist hub, Phu Quoc Island to Taichung and Kaohsiung, and from Hanoi to Melbourne and Sydney. In response to the increased demand, Vietjet is offering an additional 1.4 million domestic tickets across destinations in Vietnam, reflecting a 35% increase in supply. The airline has enhanced flight frequencies on existing routes to and from key travel hubs such as Hanoi, Ho Chi Minh City, Da Nang, and Nha Trang, while also inaugurating new routes between provincial Vietnamese cities. Furthermore, Vietjet has expanded its night flight services by 46%, now totaling 3,100 overnight services. These flights connect from hubs like Hanoi, Ho Chi Minh City, an

Vietjet reaches a new milestone as the sole airline offering direct flight between Hanoi and Hiroshima

The new service also marks the first international service launched from Hiroshima Airport after the global pandemic Consul General of Vietnam in Fukuoka Vu Chi Mai (3rd, right), Governor of Hiroshima Prefecture Yuzaki Hidehiko (4th, right), Vietjet Vice President Nguyen Duc Thinh (5th, right) and President and Representative Director of Hiroshima International Airport Yasuhiro Nakamura (5th, left) together with other delegates on stage for Kagami biraki ceremony to launch the first flight linking Hiroshima with Hanoi. Vietjet is proud to announce the inauguration of a direct route linking Vietnam's capital city, Hanoi, with Japan's enchanting city of Hiroshima. This milestone marks the airline's eighth route between the two countries and establishes the only direct air link between Hiroshima and Hanoi. With this new service, travellers can now look forward to a seamless travel experience and shorter travel times, increasing convenience for those journeying between these tw

Vietjet targets 27 million passengers and a 25% dividend payout after a strong performance in Q1 2024

Vietjet Aviation Joint Stock Company (HoSE: VJC) has concluded its 2024 General Meeting of Shareholders (GMS) and approved the business plan for 2024. The airline aims to maintain its leading position in the domestic market while further expanding its international flight network. The airline has also achieved remarkable results in Q1/2024, paving the way for a successful year ahead. High growth targets for 2024 Vietjet sets sights on surpassing VND 59 trillion (approx. RM 11.11 billion) in air transport revenue and VND 65.5 trillion (approx. RM 12.33 billion) in consolidated revenue for 2024, anticipating 10% and 12.4% year-on-year growth respectively. The airline is expected to safely operate 142,000 flights with more than 27.4 million passengers onboard. Vietjet’s Board of Directors also approved the 2024 profit distribution plan, in which dividends and advanced dividends will be paid in cash and stock at a maximum ratio of 25%. With its leading market share in the region, Vietjet a

Vietjet's Real Deals: Prepare for Unforgettable Journeys to Vietnam and Beyond

Get ready for an extraordinary celebration as Vietjet Air presents "Real Deal to New Me", a massive offering of one million Eco tickets and up to a fantastic 50% discount on Business tickets for all domestic and international routes. From 15-21 April 2024, travellers can seize the golden opportunity to secure millions of Eco tickets priced from RM120 all-in for flights across Vietnam and to international destinations. Bookings can be made at www.vietjetair.com or through the Vietjet Air mobile app, with travel dates available from 1 September to 31 October 2024 (*). Customers can elevate their journey with Vietjet's premier Business tickets and enjoy exclusive benefits. From 15 to 30 April 2024, book Business tickets and receive an incredible 50% discount by using the BU50 code for direct flights between Vietnam and India or Australia. For other direct and connecting flights spanning Vietnam and international destinations, apply the BU30 code to secure an amazing 30% disc

Vietjet Introduces New China Service, Connecting Ho Chi Minh City with Xi’an

The anticipation grows as Vietjet expands its flight network between Vietnam and China, building on the success of its earlier launches of Shanghai and Chengdu services this year. Pioneering the route, Vietjet is now the first airline to offer direct flights connecting Vietnam’s economic hub, Ho Chi Minh City, with China’s ancient capital, Xi'an. This non-stop service provides travellers with increased options, reduced travel time, and cost savings. Commencing on 29 April 2024, the Ho Chi Minh City – Xi'an route will operate four return flights per week. Flights from Ho Chi Minh City to Xi'an will depart every Monday, Wednesday, Friday, and Sunday at 20:05 (local time), arriving at Xi'an Xianyang International Airport at 01:30 the following day (local time). Return flights from Xi'an to Ho Chi Minh City will depart every Monday, Tuesday, Thursday, and Saturday at 02:30 (local time), landing in Ho Chi Minh City at 06:25 (local time). Malaysian passengers now have add

Vietjet’s 2023 audit report: robust growth in international flight network with air transport revenue of RM10.24 billion

Vietjet Aviation Joint Stock Company (HOSE: VJC) has released its audited financial statements for 2023, showcasing significant growth throughout the year. The audited separate air transport revenue and consolidated revenue were reported at VND53.7 trillion (approx. RM10.24 billion) and VND58.3 trillion (approx. RM11.11 billion) respectively, marking a 62% and 45% year-on-year increase respectively. Notably, the company recorded a pre-tax air transport profit turnaround and consolidated profit of VND471 billion (approx. RM89.79 million) and VND606 billion (approx. RM115.52 million) respectively. Ancillary and cargo revenue totaled nearly VND21 trillion (approx. RM4 billion), surpassing previous financial statements and increasing by over 60% year-on-year, accounting for 39% of the total air transport revenue. As of 31 December 2023, Vietjet's total assets exceeded VND86.9 trillion (approx. RM16.57 billion). The company's debt-to-equity ratio stood at 2, well below the typical g

A Billionaire’s Dream: Bridging Vietnam with the World

The female billionaire Nguyen Thi Phuong Thao has shown that with talent, hard work and a bold heart to dream and make dreams come true, any woman can break the glass ceiling and contribute to the development of their homeland. The Dream of Vietjet Air Few people are aware that Vietjet, a private airline, originated from a question full of aspirations from a poor ethnic mother of a revolutionary family in a mountainous area: "Please tell me how many tons of rice does it take to buy an airplane ticket?" This seemingly simple question made businesswoman Nguyen Thi Phuong Thao realise the burning desire of the majority of Vietnamese people: to set foot on an airplane, travel across the country, explore the world, and beyond that, to change their lives and connect Vietnam with the world. The meeting with the poor mother from the highlands swayed the mind of Vietjet’s founder from her original idea of building a five-star airline to one that everyone can afford and enjoy flying wi

Vietjet set to enhance Hanoi hub with new direct services to Melbourne and Hiroshima

Vietjet plans to strengthen its presence in the Asia-Pacific region by expanding its international flight network connecting Vietnam’s capital city, Hanoi, to Hiroshima in Japan and Melbourne in Australia. As travel demand rebounds across the regions, these new direct air links, including the transcontinental connection, are expected to deliver immense customer value through convenient and cost-effective scheduling. The announcement of these new routes was made at the Vietnam-Australia Business Forum 2024, in the presence of Vietnam Prime Minister Pham Minh Chinh. Both Vietnamese and Australian leaders welcomed the expanded connectivity, congratulating Vietjet on its remarkable growth. The Hanoi – Melbourne route is scheduled to commence operations on 3 June 2024, running twice weekly on Mondays and Fridays from Hanoi, with arrivals in Melbourne later the same day. Return flights will depart Melbourne on Tuesdays and Saturdays. Vietjet presently operates numerous flights between Vietna

Vietjet celebrates International Women’s Day with exciting ticket promotion: Grab the deals now from just RM120 all-in!

In celebration of International Women's Day on 8 March, Vietjet is pleased to announce a special promotion offering discounted fares and treats for creating memorable travel experiences with loved ones. From now until 8 March 2024, travellers can book Vietjet’s domestic and international flights starting at just RM120 all-in, exclusively on www.vietjetair.com or the Vietjet Air mobile app. Additionally, passengers can enjoy a 10% discount on Business Class fares by using the code BUSINESSWOMAN10(*), offering a luxurious experience with premium seats and amenities. These promotional fares are valid for flights between 1st April and 31st October 2024 (**), providing flexibility for summer and autumn getaways. Cease this opportunity to plan trips to international destinations with your loved ones. Vietjet's extensive network connects to diverse destinations during key seasons, offering experiences such as a landscape and food tour in Vietnam, cherry blossom viewing in Japan, Korea

Vietjet launches first direct service between Ho Chi Minh City and Vientiane

*Fares from as low as just RM120 all-in up for grabs from March 1-8 Mr. Bounteng Symoon, Deputy Director General of the Department of Civil Aviation of Laos (DCAL) (left), and Mr. Nguyen Thanh Son, Vietjet Vice President, along with delegates, perform the new route launching ceremony at Wattay International Airport, Vientiane. Vietjet Air announced the commencement of its new flights connecting Ho Chi Minh City, Vietnam's economic hub, to Vientiane, the capital city of Laos. This direct service, the first and only in the market, aims to improve time and cost efficiency for travellers between the two destinations, expanding opportunities for tourism, trade, and economic development. Leaders from the Consul General of the Lao People's Democratic Republic in Ho Chi Minh City, Department of Civil Aviation of Laos (DCAL), Airports of Laos (AOL), Wattay International Airport, and Vietjet attended the inauguration ceremony at Tan Son Nhat International Airport and Wattay Internatio

Vietjet Unveils Major Deals With Airbus, Rolls-Royce, Pratt & Whitney and Safran At The Singapore Airshow 2024

New-age airline Vietjet solidifies its commitment to safety, efficiency, and sustainability through strategic alliances forged at the ongoing Singapore Airshow 2024 with industry giants Airbus, Pratt & Whitney, and Safran Aerosystems. These collaborations mark significant milestones in Vietjet’s journey towards enhancing, empowering, and supporting the airline’s fleet and flight network expansion for its future growth. Vietjet and Airbus Announce the Order for 20 Widebody A330neo Vietjet secures a landmark agreement with Airbus, signing a Memorandum of Understanding (MoU) for the order of 20 A330neo (A330-900) widebody aircraft, marking one of the airshow’s largest deals thus far and Vietjet’s most substantial widebody purchase to date. These aircraft will serve Vietjet’s expanding long-range network and high-capacity regional services, replacing the carrier’s current leased A330-300 fleet. The A330neo order not only supports network expansion and operational efficiency, but also a

Vietjet Reports Remarkable Year-Over-Year Revenue Growth, Surpassing US$2.5 Billion and Shining as a Global Industry Trailblazer

Vietjet Aviation Joint Stock Company (HOSE: VJC) proudly announced its outstanding business performance for 2023, positioning itself as a resilient and rapidly growing force in the global aviation industry. Last year, Vietjet operated 133,000 flights with 25.3 million passengers onboard (excluding Vietjet Thailand), reflecting a remarkable surge of 183% year-on-year. Notable expansions included the addition of 33 new international and domestic routes, bringing the total to 125 routes. Vietjet achieved a significant milestone by becoming the first airline to connect Vietnam with Australia's five largest cities: Sydney, Melbourne, Perth, Adelaide, and Brisbane. Strengthening its position as the largest operator between Vietnam and India, Vietjet expanded routes to cities such as Delhi, Mumbai, Ahmedabad, Kochi, and Tiruchirappalli. Vietjet reported a robust consolidated revenue of VND 62.5 trillion (approx. RM 12.1 billion) in 2023, showcasing a substantial 56% year-on-year growth. T