VietJet Air

Who / What

VietJet Air is a Vietnamese low‑cost airline based in Hanoi. It operates scheduled domestic and international flights and is known for its budget-friendly fares and extensive route network.

Background & History

VietJet Aviation Joint Stock Company, commonly called VietJet Air, was founded as the first privately owned airline in Vietnam. The company received initial approval from the Vietnamese Ministry of Finance in November 2007. It launched operations in December 2011, becoming the second private carrier and the fifth airline to offer civil domestic service in the country.

Why Notable

VietJet Air pioneered private airline operations in Vietnam, breaking the long-standing monopoly of state‑owned carriers. Its rapid expansion and low‑price model have reshaped the Vietnamese aviation market, making air travel accessible to a broader segment of the population. The airline has also been a significant driver of economic growth through tourism and business travel.

In the News

In recent months, VietJet Air has been active in scaling its international route network, including new destinations in Asia. The airline continues to invest in fleet upgrades and digitalization, positioning itself as a leading player in Southeast Asia’s competitive low‑cost market.

Key Facts

**Type:** Company

**Also known as:** Vietjet, Vietjet Aviation Joint Stock Company

**Founded / Born:** 2007 (Vietnam)

**Key dates:**

2007 – First private airline approval by Vietnam’s Ministry of Finance

2011 – Commenced operations, becoming the second private domestic carrier

**Geography:** Vietnam (Headquarters: Hanoi)

**Affiliation:** Private sector, aviation industry

Links

[Wikipedia](https://en.wikipedia.org/wiki/VietJet_Air)

Sources

• 🔗 Wikipedia

Vietjet Aviation Joint Stock Company (Vietnamese: Công ty Cổ phần hàng không Vietjet), operating as VietJet Air or Vietjet, is a Vietnamese low-cost airline based in Hanoi. It was the first privately owned airline to be established in Vietnam, being granted its initial approval to operate by the Vietnamese Ministry of Finance in November 2007. As of its launch in December 2011, it became the second private airline to offer domestic service in Vietnam, as well as the fifth airline overall to offer civil domestic flights.