Vietnam Airlines JSC Overview
Pro stress-test →Vietnam Airlines is the flag carrier of Vietnam. The company provides air transport services in Vietnam and internationally, engaging in the transportation of passengers, cargo, luggage, parcels, postal items, and mail. As passenger transport constitutes its core activity, Vietnam Airlines plays a crucial role in the economic development of the country.
Strategic Profile
Pro stress-test →Vietnam Airlines is a member of SkyTeam, making it the first Southeast Asian carrier to have joined that alliance. The company owns 100% of Vietnam Air Service Company and almost 99% of the low-cost carrier Pacific Airlines. In early 2026, the airline announced requests for proposals for lease of nine Boeing 787-8 aircraft and aims to operate a 150-aircraft fleet in 2030 and more than 200 aircraft by 2035.
Competitive Landscape
Pro stress-test →Vietnam Airlines competes with Vietjet Aviation, a low-cost carrier based in Ho Chi Minh City. As the national flag carrier with full-service positioning and SkyTeam membership, Vietnam Airlines targets premium and business segments while regional competitors pursue low-cost models. The domestic market shows Vietnam Airlines maintaining dominant market share through its legacy carrier status and subsidiaries.
Industry Context
Vietnam Airlines JSC operates in Airlines.
Key facts
Founded: 1956 · Headquarters: Hanoi, Vietnam · Employees: 23,033 · Revenue: $4.39B · Market cap: $3.39B