On October 28, 2025, Vietjet and the University of Oxford unveiled the results of their groundbreaking Net Zero research initiative for global aviation, as part of General Secretary To Lam’s official visit to the United Kingdom.
Led by Professor Myles Allen, Director of the Oxford Net Zero Centre, the project focuses on Geological Balance Fuel (GBF) – an aviation fuel whose carbon emissions are offset by long-term CO₂ storage in deep geological formations. Initial findings suggest GBF could pave a realistic path to achieving net-zero emissions for the global aviation industry by mid-century.
General Secretary To Lam (third from left) and Professor Irene Tracey, Vice-Chancellor of the University of Oxford (second from left), witness Ms. Ho Ngoc Yen Phuong, Deputy CEO of Vietjet (far left), and Professor Myles Allen, Director of the Oxford Net Zero Centre (far right), exchanging documents announcing the Net Zero Carbon research results.
This initiative stands out for its cost-effectiveness and minimal disruption to existing global fuel supply systems, avoiding increased costs for current energy and fuel industries.
The project also strengthens educational and high-quality workforce collaboration between Vietnam and the UK, through research and postdoctoral programs at Oxford Net Zero.
SGN Ground Services Reports 44% Drop in Q3/2025 Profits Following Loss of Vietjet Contract
In the first nine months of 2025, Saigon Ground Services (SGS) reported a net revenue of VND 1,124 billion, remaining relatively stable compared to the same period last year. However, the company’s net profit reached nearly VND 166 billion, reflecting a 14% decline year-over-year.
Billionaire Nguyen Thi Phuong Thao Surpasses Brazil’s Meat Empire Titans with $4.4 Billion Fortune
As of October 28, Forbes’ real-time rankings place Vietnamese billionaire Nguyen Thi Phuong Thao’s net worth at $4.4 billion, ranking her 930th among the world’s wealthiest individuals. Her fortune surged by $95 million—approximately 2.5 trillion Vietnamese dong—from the previous day.
Billionaire Nguyen Thi Phuong Thao’s Airline Achieves Historic First
Market capitalization has reached an unprecedented high, surpassing 110.9 trillion VND—nearly doubling since the beginning of the year.
Why Did SGN’s Q3 Profits Plummet by 44%?
Revised Introduction:
Saigon Ground Services JSC (HOSE: SGN) has released its Q3 2025 financial report, revealing a significant decline in business performance.
Vietjet Shareholders to Receive 20% Stock Dividend
Vietjet Aviation Joint Stock Company (HOSE: VJC) has announced a stock dividend plan, offering a 20% dividend payout to shareholders. This means that for every 100 shares held, investors will receive an additional 20 new shares.
