Honoring their service 2018

Commenting on the prospect of Vietnam’s logistics industry after the EVFTA comes into force, Tobias Gruemmer, area head of operations of Denmark’s A.P. Moller-Maersk, said that manufacturing and logistics in Vietnam have changed but the situation is still not entirely clear. Similar to the EU with a population of about 500 million, Southeast Asia with a population of 600 million (of which Vietnam is nearly 100 million) is considered a consumer market of high potential. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JUNE 30

Last year was an important landmark in the new generation airline’s achievement to carry 100 million passengers. In addition, its ancillary revenue was VND11.3 trillion, up 36% over 2018. The proportion of ancillary revenue in the airline’s total air transport revenue increased from 25.3% in 2018 to 30.4% in 2019, making Vietjet one of the airlines reporting the highest ratio of ancillary revenue to total revenue in the world. … [Read more...] about Vietjet makes astonishing recovery after pandemic

Noticeably, the carrier's ancillary revenue saw a significant rise of 36 per cent to VNĐ11.34 trillion in 2019. The portion of ancillary revenue in the airline’s total air transportation revenue also increased from 25.3 per cent in 2018 to 30.4 per cent in 2019, making Vietjet one of the top ranking airlines globally in terms of ancillary revenue over total revenue ratio. … [Read more...] about Journey to carry 100 million passengers provides a solid base for Vietjet’s post-pandemic recovery

The plan was announced by Vietjet during its 2020 Annual General Shareholders’ Meeting (AGM) to review business results from 2019 as well as vote for the approval of audited financial statement and discuss the company’s development plan for 2020 in HCM City on June 27. According to Vietjet, since the beginning of this year, the domestic aviation industry has been impacted severely in the wake of the COVID-19 pandemic. However, the country has quickly resumed all domestic operations ahead of most other countries in the world. As soon as the domestic market resumed, Vietjet quickly implemented a campaign called "Returning to the sky” and inaugurated eight new routes, increasing the domestic flight network to a total of 53 routes. Thai Vietjet - a joint venture between Vietjet and Thai airline Kan Air - is also the first airline to reopen operations in Phuket Airport, expanding its network with five new domestic routes in Thailand. After completing … [Read more...] about Vietjet to seize all opportunities for sustainable development

In fact, as soon as the Fourth Industrial Revolution started in 2018, Viettel issued a vision on the fourth phase of its development. Accordingly, the group has acknowledged the mission of developing a digital economy and building a digital society. To this end, it tries first to build itself as a digital-technology-based firm. At the same time, it participates actively in the national digital transformation process, the Government’s digital transformation projects, as well as supported other firms in digital transformation. Second, Viettel aims at providing important digital services for both domestic and international clients. Third, the group will boost the three hi-tech industries of telecommunications, defense industry, and network security, contributing to developing Vietnam into a digital nation and protecting national security and sovereignty in both physical and cyber spaces. … [Read more...] about Part 1: In preparation for its upcoming Party Congress, Viettel crafts ambitious development strategy for next five years and beyond