One of the fastest economic growth rates in the region, the signing of free trade and investment protection deals with the EU, and the Politburo’s first-ever resolution on foreign investment attraction were among the top 10 economic events of Vietnam in 2019.
New age carrier Vietjet has clinched a contract with aircraft manufacturer Airbus, purchasing 20 brand new A321XLR aircraft with a hope that they will support its international expansion.
In the first six months of 2019, Vietjet’s revenue from air transport continued growing by 22 percent and its air transport profit increased by 16 percent year on year.
Low-cost airline Vietjet Air aims to earn nearly 51 trillion VND (2.24 billion USD) in revenue and over 5.8 trillion VND (254.4 million USD) in profit, up 20.5 percent and 10 percent, respectively in 2018.
Vietjet has received full membership of the International Air Transportation Association (IATA), affirming the new-age carrier’s role and position in domestic and international aviation communities.
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