Business

ANA to become strategic shareholder of Vietnam Airlines

All Nippon Airways (ANA), the largest airline in Japan by revenue and passenger numbers, will purchase 8.8 percent of the national flag carrier Vietnam Airlines for 2.43 trillion VND.
ANA to become strategic shareholder of Vietnam Airlines ảnh 1Vietnam Airlines' aircraft (Photo: Vietnam Airlines)

Hanoi (VNA) - All Nippon Airways (ANA), the largest airline in Japan by revenue and passenger numbers, will purchase 8.8 percent of the national flag carrier Vietnam Airlines's stake for 2.43 trillion VND (108 million USD).

To this effect, the two airlines signed a Memorandum of Understanding (MoU) on strategic cooperation on January 12.

As part of Vietnam Airlines’s deal with ANA, the two carriers will code-share on certain routes between Vietnam and Japan. The strategic relations will help them take advantage of each other’s strength to enlarge their networks and expand international markets by cross selling tickets on some of each others’ flights. 

At the signing ceremony, Vietnam Airlines Chairman Pham Viet Thanh , highlighted that the collaboration will smart en up its image, bring additional value and convenience to customers, while increasing its competitiveness in international markets.

ANA will appoint representative to Vietnam Airlines’s Board of Management, said ANA President and CEO Shinya Katanozaka, committing to share management experience to support the Vietnamese carrier in improving service quality.

He underscored that ANA sees Vietnam Airlines as an ideal partner in its strategy to broaden its operations in the Asian region, given that the two carriers share a similar code of standards in development, customer access and efficient operation.

The two airlines plan to sign a share purchase agreement in the first quarter of this year.

The national flag carrier’s fleet totals 87 aircraft, covering 21 domestic and 29 international routes. It operates 66 weekly flights connecting Vietnam and Japan while ANA is running 14 weekly flights on the same routes.

By the end of September 2015, Vietnam Airlines earned 52.5 trillion VND (2.34 billion USD) in revenue, 1.08 trillion VND (48.1 million USD) above its target. Of that turnover, pretax profit was more than 1.3 trillion VND (57.9 million USD), rising 674 billion VND (30 million USD) compared with the previous 12 months when the firm had yet to be equitised .

The firm launched its initial public offering in November 2014 at an average price of 22,300 VND (0.9 USD) per share. Under the equitisation plan, the firm plans to sell up to 20 percent of its stake to strategic investors.-VNA

VNA
#All Nippon Airways #Vietnam Airlines #MoU #stake #competitiveness #strategic investors Japan Vietnam
Follow VietnamPlus

Related News

Local airlines asked to lower airfares

Local airlines asked to lower airfares

The Civil Aviation Authority of Vietnam has recently asked domestic carriers including Vietnam Airlines, Jetstar Pacific and VietJet Air to draw up airfare discount plans before January 10, 2016.

See more

Prime Minister Le Minh Hung and delegates launch the digital platform of the Vietnam Association of Small and Medium Enterprises (August 2026). Photo: VNA

Vietnamese businesses, entrepreneurs make growing contributions to national development

Vietnam Entrepreneurs’ Day is an opportunity to recognise businesses’ contributions and reinforce the entrepreneurial spirit, the pursuit of legitimate prosperity and national responsibility. With stronger policies and greater innovation, Vietnamese enterprises are expected to play an increasingly important role in economic growth and the country’s ambition to become a strong, prosperous nation.

A view at a CO.OPMART supermarket in Bac Ninh city (Photo: bacninh.gov.vn)

Bac Ninh’s CPI up 4.07% in nine months

The consumer price index (CPI) in Bac Ninh city rose 4.07% year-on-year in the first nine months of 2026, with housing and construction materials, education and transport recording the sharpest increases, according to the municipal Statistics Office.

Vietnam's textile - garment and footwear industries are aiming to shift from processing and assembly to stages with higher added value, increasing technology content and competitiveness. (Photo: VNA)

Vietnam’s supporting industries seek stronger domestic links

As global supply chains undergo major changes and environmental standards and digital technology requirements become more demanding, developing supporting industries has become essential to improving the competitiveness of the economy. This requires coordinated efforts by the Government, multinational corporations and domestic businesses.

Prime Minister Le Minh Hung speaks at the meeting (Photo: VNA)

PM orders power plan overhaul to meet double-digit growth

Securing adequate power supply is an urgent priority and a prerequisite to successfully achieve socio-economic development goals 2026, a foundational year for accelerating progress, with breakthroughs to follow in 2027 and the goals for the full term to be delivered, said Prime Minister Le Minh Hung.

General Secretary of the Communist Party of Vietnam Central Committee and President To Lam speaks at the meeting (Photo: VNA)

Top leader pledges support for firms, presses tech self-reliance

The country needs more firms that master technologies, build trusted brands and run production networks able to compete globally. Progress over the next five to 10 years must show up in productivity, job quality and market position, said top leader To Lam.

Then Prime Minister Pham Minh Chinh addresses the Autumn Economic Forum 2025 on November 26 last year. (Photo: VNA)

World Economic Forum to co-brand Autumn Economic Forum 2026 in Ho Chi Minh City

On October 27, the forum will host 16 thematic sessions across three parallel venues, focusing on AI – quantum, finance – digital economy – autonomy, and manufacturing – sustainability – next generation. Two sessions will be jointly organised with the WEF, addressing “Repositioning Vietnam and ASEAN in Global Value Chains” and “From AI Deployment to Future Manufacturing Workforce Readiness”.

Nguyen Dinh Kien, Secretary of the Sam Mun commune Party cell in Dien Bien province, builds wealth through spotted deer farming. (Photo: VNA)

📝OP-ED: Party Central Committee’s 4th plenum offers new thinking encouraging Party members to engage in business

Accordingly, the plenum reached a consensus on several key principles, including shifting from a mindset of “permission” to one of “encouragement and facilitation” for Party members engaging in the private sector; protecting their lawful economic activities; and maintaining strict oversight of those exercising control and benefiting from such activities.

AVAC ASF LIVE vaccine developed and manufactured by AVAC Vietnam Joint Stock Company. (Photo: avac.com.vn)

Vietnam ships first commercial ASF vaccine order to Philippines

Nguyen Van Diep, General Director of AVAC Vietnam, said this was the company’s first commercial export order following the Philippines’ approval of the vaccine for unrestricted circulation. The Philippine Department of Agriculture is expected to issue usage guidelines next week, paving the way for wider distribution and application.

Workers process octopus for export to the Japanese market at Huy Nam Company in An Giang province. (Photo: VNA)

Fisheries sector strives for 12 billion USD in exports amid rising costs

The 12-billion-USD export target remains achievable given solid output growth and generally favourable market conditions. However, any fourth-quarter slowdown would not necessarily reflect raw material shortages but also impacts on economic efficiency amid rising material and fuel costs.