“Self-Made Billionaire Nguyen Thi Phuong Thao: Vietjet’s Commitment to Being a Growth Connector Between Vietnam and the World.”

Positive Revenue, Expanding International Network

As reported at the conference, in 2024, Vietjet recorded positive business performance with the highest revenue ever, an expanding international network, and boosted revenue.

During 2024, Vietjet transported 25.9 million passengers (excluding Vietjet Thailand), including over 9 million international passengers, an increase of up to 18% compared to 2023.

Vietjet launched 20 new international and domestic routes, bringing the total number of routes to 145, including 101 international and 44 domestic routes. Vietjet is the first airline to operate flights connecting Vietnam with the five largest cities in Australia and operates the most routes between Vietnam and India, China, South Korea, and Japan.

According to the audited financial results, in 2024, Vietjet’s Parent Company revenue reached VND 71,734 billion, and pre-tax profit reached VND 1,748 billion. Consolidated revenue reached VND 72,045 billion, with a pre-tax profit of over VND 1,823 billion.

As of December 31, 2024, Vietjet’s total assets reached nearly VND 99,300 billion, with a debt-to-equity ratio of 2.03 times and a liquidity ratio of 1.58 times, both considered healthy in the aviation industry.

The company’s cash balance, bank deposits, and working capital limits ensured its ability to make payments as planned. Vietjet contributed over VND 7,500 billion in direct and indirect taxes and fees to the state budget in 2024.

In early 2025, Vietjet marked an important milestone in its development with its first flight from Vietnam to the United States.

To support its new development plan for the next decade, Vietjet and Airbus signed an agreement to purchase 20 new A330neo wide-body aircraft, bringing the total number of wide-body aircraft orders to 40.

Speaking at the conference, Dr. Nguyen Thi Phuong Thao – Chairwoman of Vietjet’s Board of Directors – affirmed her strong belief in the future as Vietjet is ready to continue its journey of conquering new skies, not only in aviation but also on the global economic development map.

” Vietjet today is not just a pioneering airline, but has become a multinational carrier with a strong desire to reach further, embracing modernity, flexibility, and deep integration with the world. We continuously expand our international network, enhancing our regional and global presence, while pioneering connections to new destinations, opening up opportunities for trade, tourism, and investment.

Vietjet is committed to its role as a growth enabler between Vietnam and the world – fostering strong connections between economies, communities, and cultures. Above all, we continue our noble mission: bringing the dream of flying closer to everyone – through safe, friendly, internationally-standardized services, and an unwavering innovative spirit. ”

Offering a Diverse Range of Products and Services

Meeting the diverse needs of its customers, Vietjet provides modern products and services such as Business Class tickets for long-haul flights operated by wide-body A330 aircraft, duty-free shopping, insurance, currency exchange, and more.

Leading the Way in Digital Transformation and Advanced Technology

Vietjet has been a pioneer in implementing biometric technology for check-in procedures on the VneID app at major airports, offering quick and convenient experiences for passengers and tourists. The company also utilizes advanced technology in its operations to optimize costs and contribute to the development of the aviation industry.

Proactive Investment in Sustainable Development

With a focus on sustainable development, Vietjet continuously invests in ground handling operations, technical services, and human resource development. The airline has taken the initiative in ground handling operations at Vietnam’s two largest airports, Tan Son Nhat and Noi Bai, further completing its aviation service chain. Vietjet also invests in aircraft maintenance facilities (hangars) and takes a proactive approach to maintaining its modern fleet, including both wide-body and narrow-body aircraft.

Vietjet Today:

+ 145 routes, including 101 international and 44 domestic routes.

+ Continuously adding new routes connecting Vietnam with top destinations in Australia, the populous countries of India and China, and further to Europe in the near future.

+ 99.72% technical reliability

+ Achieved 7/7 stars for safety

+ Renowned global awards: World’s Best Ultra Low-Cost Airline by AirlineRatings, Best Managed Finance Company by International Finance Magazine, Top 50 Best Listed Companies in Vietnam by Forbes, etc.

Vietjet’s Chairwoman, Dr. Nguyen Thi Phuong Thao: ” Vietjet is committed to its role as a growth enabler between Vietnam and the world – fostering strong connections between economies, communities, and cultures. ”