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Billionaire Trinh Van Quyet’s airline is likely to 'threaten' Vietnam Airlines and Vietjet Air

Bamboo Airways may pose a risk of competition with Vietnam Airlines or Vietjet Air; however, this prospect will only happen as early as 2019.

Vietjet Air signs contracts worth $7.3 billion in France

Vietjet Air has recently signed a strategic cooperation agreement worth $6.5 billion with Safran - CFM and a $800 million - financing agreement with GECAS France.

Still hidden billionaires are not listed on bourse?

In Vietnam, still many billionaires are hidden as their business activities are not transparent and listed on bourse, according to Doctor Nguyen Van Thuan from the HoChiMinh City Marketing and Financial University.

Vietjet and ACV are requested to submit plans on upgrading US$264 million Cat Bi airport

The total investment capital which is required for the expansion and upgrading of Cat Bi airport is estimated at VND6 trillion (equivalent to US$264.55 million).

VietJet borrows US$329 million to purchase airplanes to raise its fleet size to 40

VietJet is borrowing nearly VND7.5 trillion (equivalent to US$328.67 million) to pay a deposit on airplane purchase contracts, VietJet reported.

Vietjet spreads its wings in booming market but challenges await

Vietnam has emerged as one of the world’s fastest growing aviation markets, which creates a lot of opportunities for airlines, espcially Low-Cost Carriers (LCCs) such as Vietjet. However, whether Vietjet can take advantage of these is another question.

Vietjet and Japan Airlines reached comprehensive cooporation

On July 25, Vietjet Air (Vietnam) and Japan Airlines (JAL) signed an agreement to start code-share cooperation for all flight services between Japan and Vietnam.

The corporations behind new private airline ventures

Private Vietnamese air carriers are the leading corporations in the field of tourism and resort real estate. Sovico Holdings has Vietjet, Thien Minh Group has Hai Au, and FLC is moving ahead with Bamboo Airways project.

Airlines queuing up for take-off

A number of official statements to establish new airlines in Vietnam have been issued recently by domestic and foreign investors.

Why have big firms still not listed their shares on foreign bourses?

Both Vietjet and VNG have said they want to be the first Vietnamese enterprises to list shares on foreign bourses. Other firms have tried to do so in the past.

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