Vietnam Airlines Forges Strategic Partnerships with Korean Counterparts
Vietnam Airlines has signed several Memorandums of Understanding with leading South Korean companies, outlining a comprehensive range of collaborative initiatives. A key focus of these partnerships is the planned joint venture with Korean Air and VAECO, a Vietnam Airlines Group subsidiary, for aircraft maintenance, repair, and overhaul (MRO) services based at the Long Thanh International Airport. This project will enhance Vietnam’s aviation infrastructure and foster deeper cooperation between the two nations in the aviation industry.
Vietnam Airlines and Korean Air have also agreed to strengthen their cargo transportation services, including collaborative cargo sales, joint transportation ventures, and enhanced international connectivity. This strategic move will boost competitiveness, expand market share, and establish a flexible cargo corridor between Vietnam, South Korea, and other key markets, ultimately facilitating Vietnam’s import and export activities.
In a significant boost to bilateral tourism promotion, Vietnam Airlines, the Korea Tourism Organization (KTO), and Saigontourist Group have joined forces. This collaboration aims to not only increase tourist exchanges but also offer diverse and appealing tourism products, along with joint promotional efforts, to elevate the profiles of both Vietnam and South Korea on the international tourism map, contributing to the economic growth of both nations.
Vietnam Airlines’ Deputy Director, Mr. Nguyen Chien Thang, exchanges the cooperation agreement with Korean Air in the fields of aircraft maintenance and cargo transportation.
Vietnam Airlines, Saigontourist, and Hanatour from South Korea have agreed to collaborate on cross-border tour packages, develop comprehensive tourism products, and jointly promote Vietnam and South Korea as desirable destinations through international media channels. This model will not only boost two-way tourist flows but also pave the way for high-value-added tourism products, enhancing the competitiveness of the national tourism industry.
These Memorandums of Understanding signify Vietnam Airlines’ pivotal role in fostering bilateral cooperation, expanding flight networks, and integrating tourism, aviation, and logistics ecosystems. Through these concrete partnerships and the support of reputable international allies, Vietnam Airlines reinforces its standing as a modern and integrated national carrier, committed to elevating the position of Vietnam’s aviation industry on the regional and global stages.
As Vietnam’s national carrier, Vietnam Airlines tirelessly fulfills its mission as a connector of economies, cultures, and communities between Vietnam and the world. With an extensive global network, a modern fleet, and an evolving aviation ecosystem, Vietnam Airlines facilitates trade, investment, and tourism exchanges between Vietnam and its international partners. The signing of these agreements with South Korean entities underscores this connective role and demonstrates Vietnam Airlines’ dedication to the country’s sustainable integration and development.
Vietnam Airlines Joins Hands with South Korea’s Largest Carrier to Explore Aircraft Maintenance Joint Venture at Long Thanh Airport
Vietnam Airlines is set to soar to new heights with strategic collaborations with Korean partners. The airline has signed Memorandums of Understanding to explore joint ventures in aircraft maintenance, repair, and overhaul (MRO); cargo transportation; and bilateral tourism promotion, creating seamless travel experiences and boosting economic growth.
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