Vietjet

Vietjet charts global expansion as shareholders back growth strategy

Vietjet has outlined an ambitious international expansion strategy after securing shareholder approval at its 2026 Annual General Meeting, as the airline looks to build on strong financial and operational results from the past year.

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The Vietnamese carrier reported that it exceeded key business targets in 2025, operating a fleet of 135 aircraft and serving 254 routes. The airline carried 28.2 million passengers across more than 153,000 flights during the year.

Financially, Vietjet posted consolidated revenue of VND 82.093 trillion (approximately US$3.11 billion) and profit after tax of VND 2.123 trillion (around US$80.6 million), representing a 51.2% increase year-on-year and surpassing its internal targets. The company also contributed more than VND 10.5 trillion in taxes and fees.

The airline continued to invest heavily in fleet expansion, placing orders for 100 Airbus A321neo aircraft with options for 50 more, alongside an order for 20 Airbus A330neo widebody jets. The move positions Vietjet among carriers with one of the largest aircraft order backlogs globally.

Looking ahead, Vietjet said it would prioritise expanding its international network, with a focus on entering long-haul markets including Europe and the United States. The airline plans to deploy a mixed fleet of Airbus and Boeing 737-8 aircraft while strengthening partnerships with major engine manufacturers such as Rolls-Royce, CFM International and Pratt & Whitney.

As part of its broader strategy, Vietjet is also pursuing the development of an International Aviation Finance Centre in cooperation with financial institutions in Ho Chi Minh City, alongside further investment in widebody aircraft and premium cabin offerings to support long-haul growth.

The airline is continuing to invest in operational infrastructure, including a new maintenance, repair and overhaul (MRO) facility at Long Thanh. It is also expanding in-house ground handling services at major airports and growing its training pipeline through the Vietjet Aviation Academy, which delivered more than 15,000 courses to over 162,000 trainees in 2025.

Shareholders approved a 30% dividend payout in shares at the meeting, along with the appointment of two new board members.

Chairwoman Nguyen Thi Phuong Thao said the airline remained focused on long-term growth, positioning Vietjet as a key player in global aviation as international travel demand continues to recover.

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