Vietjet named Asia’s Best Employer Brand

The event was hosted by the Employer Branding Institute, World HRD Congress with CHRO Asia as a Strategic Partner and Endorsed by the Asian Confederation of Businesses in Singapore earlier last week.  This is the second year the airline has been honoured for this award. The 12th Asia’s Best Employer Brand Awards 2017 recognises Vietjet’s excellence in building the company brand as an employer of choice with consistent improvement in HR Policy by measuring organisational health and inculcating values that help to achieve the vision, culture of Contribution and Innovation at Work, developing a future leader and being a Social Employee. After more than five years of operation, Vietjet has become one of the most favorite working places for internationals from more than 40 countries and territories.  They have been contributing positively to making air travel become a popular means of transport among passengers not only in Vietnam but also in regional markets. The airline has been honored for 32 domestic and ten international accolades, including being named “One of the Top 500 Brands in Asia 2016”, “Vietnam’s Most Favorite Airline”, and “The Best Asian Low Cost Carrier 2015” at the TTG Travel Awards 2015. Vietjet is a member of the International Air Transport Association (IATA) with the IATA Operational Safety Audit (IOSA) certificate.  The airline’s operation safety and technical reliability rates have always been among the highest in Asia Pacific region with a modern and well-furbished fleet and amazing diverse and friendly…... [read more]

Vietjet Air flights (Source: Vietjet) Hanoi (VNA) – Vietjet Air has been awarded Asia’s Best Employer Brand in 2017 thanks to its innovative solutions in recruitment as well as its efforts in creating an internationally standardised, professional working environment for all employees. The event was hosted by the Employer Branding Institute, World HRD Congress with CHRO Asia as a Strategic Partner and Endorsed by the Asian Confederation of Businesses in Singapore earlier last week. This is the second year the airline has been honoured for this award. The 12th Asia’s Best Employer Brand Awards 2017 recognises Vietjet’s excellence in building the company brand as an employer of choice with consistent improvement in HR Policy by measuring organisational health and inculcating values that help to achieve the vision, culture of Contribution and Innovation at Work, developing a future leader and being a Social Employee. After more than five years of operation, Vietjet has become one of the most favorite working places for internationals from more than 40 countries and territories. They have been contributing positively to making air travel become a popular means of transport among passengers not only in Vietnam but also in regional markets. The airline has been honored for 32 domestic and ten international accolades, including being named “One of the Top 500 Brands in Asia 2016”, “Vietnam’s Most Favorite Airline”, and “The Best Asian Low Cost Carrier 2015” at the TTG Travel Awards 2015. Vietjet is a member of the International Air Transport Association (IATA) with the…... [read more]

Vietjet Air President and CEO Nguyen Thi Phuong Thao Name: Nguyen Thi Phuong Thao Age: 47 Business group: Vietjet Air   Soaring fortunes of a self-made woman   Nguyen Thi Phuong Thao, 47, is the President and CEO of budget airline Vietjet Air. She was Southeast Asia’s only female billionaire to be named on the 2017 Forbes list of Self-Made Women Billionaires in the world. Thao has two bachelor’s degrees in finance and labour economics as well a PhD in economic management from Russia. Under her leadership, Vietjet has emerged as a prominent carrier in the local aviation industry, even beating Vietnam Airlines in terms of local market share. Launched in December 2011, Vietjet Air has pursued its motto to “bring the opportunity to travel by air to all people”. With a fleet of 48 aircraft, including A320s and A321s, the airline currently operates 350 flights each day on 73 routes in Viet Nam and regional destinations in Thailand, Singapore, South Korea, Taiwan, Malaysia, mainland China, Myanmar and Cambodia. Thao said she saw huge opportunities in the domestic aviation industry with a population of 94 million people and a rising middle class. Since Vietjet’s entry, the domestic market has grown steadily at over 20 per cent. Viet Nam is considered one of the fastest-growing air transport industries in the world with an annual average growth of 17 per cent in the last 10 years. After five…... [read more]

NDO – A total of 9.11 million passengers arrived at Vietnamese airports in July, up 12.2% over the same period of 2016, according to the Civil Aviation Authority of Vietnam (CAAV). Of the number, international arrivals accounted for 2.34 million, up 2.1% and domestic visitors at 6.77 million, up 16.2% over the same period last year. According to a previous report by CAAV, during the first six months of the year, the aviation market continued to a show high growth rate, serving 30.3 million visitors, an increase of 19.5% over the same period in 2016. Passengers travelling through airports in Vietnam reached 46.3 million, up 17.5% and the transportation volume of Vietnamese airlines reached 21.8 million passengers, up 15.1%. In total, from the beginning of this year, the overall output of passengers through Vietnam's airports and airfields reached 55.41 million. The Vietnamese aviation transport market has involved the participation of 63 foreign airlines, from 25 different countries and territories, operating regular international flights to Vietnam. Foreign airlines and three Vietnamese airlines, including national flag carrier Vietnam Airlines, Vietjet Air and Jetstar Pacific Airlines, operate 105 international flight routes to and from Hanoi, Ho Chi Minh City, Da Nang, Nha Trang, Phu Quoc and Hai Phong. In the domestic market, Vietnam Airlines, Vietjet Air, Jetstar Pacific Airlines and Vasco are currently operating 52 domestic routes connecting Hanoi, Da Nang and Ho Chi Minh City with 18 local airports throughout the country. In addition to…... [read more]

A view of Vincom Mega Mall Times City in Ha Noi. — Photo vinhometimescity.net Vincom Retail, the Vietnamese mall operator under the property and retail conglomerate Vingroup JSC, plans to launch its initial public offering (IPO) this year, according to Bloomberg. The company aims to mobilise about US$600 million through the sale, which may include a sale of existing shares as well as new stock, people with knowledge of the matter told Bloomberg. Vincom Retail is preparing to raise funds as economic growth in Viet Nam raises living standards and increases shoppers’ disposable incomes. The benchmark VN Index this month hit its highest level since 2008, while the Asian Development Bank forecasts the nation’s economy will grow 6.3 per cent this year. The $600 million offering of Vincom Retail is expected to become the country’s second largest IPO in a decade, trailing only the 2007 share sale from Joint Stock Commercial Bank for Foreign Trade of Viet Nam when it was selected for a government pilot programme for equitisation in the banking sector. The last IPO that topped $100 million came from local airline VietJet Aviation JSC, whose shares are up 48 per cent since they started trading in February. The exact size of the Vincom Retail offering hasn’t been set yet, and the timetable for the listing could slip, the people told Bloomberg. Viet Nam News contacted Vingroup representatives for confirmation, but they declined to comment. The global…... [read more]

Passengers get off from a Vietjet’s airline. — VNS Photo Vietjet Aviation Joint Stock Company (HOSE code: VJC) posted a pre-tax profit of US$84.7 million in the first half of 2017, a year-on-year rise of 45 per cent. The company’s revenue in the period stood at $730.7 million, an increase of 31 per cent compared to previous period, shows its unaudited business results, which were released last week. Vietjet’s revenue in the second quarter reached $503 million, an increase of 89 per cent year on year, while its pre-tax profit for the same period hit around $66.1 million. In the first six months of 2017, the company’s growth in passengers on international routes rose by 130 per cent, making it the main momentum for last quarter’s growth, Vietjet said in its statement. As of June 30, Vietjet’s total assets were around $1.1 billion, representing an annual rise of 50.8 per cent, while its owners’ equity reached $355.04 million, an increase of 130 per cent year on year. Around 8.27 million passengers flew on Vietjet in the first half of 2017, an increase of 22.4 per cent year on year, with a load factor of 87.7 per cent, as per the latest data. From January to June, the carrier operated 49,151 flights, with a technical reliability rate of 99.55 per cent and on-time performance rate of 85.7 per cent. In July, Vietjet broke ground for the construction of Vietjet Aviation Academy in HCM…... [read more]

Domestic air carriers post huge profits in H1Le Anh HCMC – Domestic airlines posted huge revenues and profits in the first half of 2017 following a 19.5% year-on-year growth of the aviation market with the number of air passengers reaching 30.3 million, according to the Civil Aviation Administration of Vietnam (CAAV). There are currently 63 foreign airlines from 25 countries and territories operating international flights to and from Vietnam. On the domestic market, four domestic airlines namely Vietnam Airlines, Vietjet Air, Jetstar Pacific Airlines and VASCO are operating 52 domestic air routes connecting Hanoi, Danang and HCMC with 18 local airports. Local and foreign carriers also have conducted chartered flights to Can Tho, Dalat and Vinh among others. Vietnam Airlines and Vietjet Air, two domestic largest airlines, both posted huge revenues and profits in the year’s first half. Vietjet’s business report for the first six months of 2017 released last week shows that both revenue and profit of the airline far exceeded the plan. In particular, Vietjet posted revenue of over VND10.7 trillion (nearly US$472 million), up 45.1% compared to the same period last year, and reaching 108% of the six-month plan. Its pre-tax profit amounted to nearly VND1.1 trillion, up 46% year-on-year. Vietjet is operating 73 domestic and international air routes. The number of people flying with Vietjet in January-June totaled 8.27 million, a rise of 22.4% year-on-year. Meanwhile, the national flag carrier Vietnam Airlines served nearly 10.3 million air passengers in the first six months of 2017, increasing…... [read more]

Many flights were delayed or unable to land at Noi Bai International Airport in Hanoi due to heavy rain on July 31.    Many flights were delayed or unable to land at Noi Bai  The national flag carrier Vietnam Airlines said heavy rain at night directly affected four of its flights.  Three planes from HCM City to Hanoi had to land in Danang and one flight from Danang to Hanoi had to land in Vinh City.  Moreover, two flights from Hanoi to HCM City and three flights to Tokyo and Seoul were delayed. Vietjet Air also announced that many of its flights were delayed on July 31. Because of heavy rain and strong wind, their planes couldn't take off or land.  The flight from Buon Ma Thuot to Hanoi had to land in Vinh City and the flights from Danang, Phu Quoc, Nha Trang and HCM City also had to return to Danang. At least nine flights that were supposed to take off on August 1 had their schedule affected because of late flights on the previous night. The airlines said they had been quick to inform the passengers and updated the information on their websites to limit the impact. On the same day, the U22 Vietnam football team faced their first hurdle on the way to South Korea to train for 29th SEA Games held in Malaysia as they were stranded at Noi Bai Airport.  The team arrived at the airport at 8.30 pm but their Vietnam Airlines' flight…... [read more]

Though locked in a constant struggle against complaints over their service quality, low-cost carrier Vietjet reported a whopping 46 percent growth in profit for the first half of 2017. Vietjet posted a revenue of VND10,743 billion (roughly US$473 million) in the Jan-Jun period, according to an announcement by the company on Thursday citing unaudited business results. That number is a 45.1 percent jump from the same period last year, and accounts for 108 percent of the no-frills carrier’s six-month budgeted plan. Vietjet also reported a pretax profit of VND1,090 billion ($48 million), an increase of 46 percent compared to the first half of 2016. The airline asserted that it has already achieved 54 percent of its full-year profit target, thanks in part to the five brand-new A321 aircraft and five wet-leased planes put into operation during the six-month period. Vietjet noted that optimizing operation costs was a significant factor in its revenue boom, claiming to have operated 49,151 flights at a technical reliability rate of 99.55 percent and an on-time performance rate of 85.7 percent during the period.  Its flights carried an average load factor of 87.7 percent. Nearly 8.27 million passengers traveled with the no-frills airline in the first half of this year, up 22.4 percent year-on-year. Like us on Facebook or follow us on Twitter to get the latest news about Vietnam! ... [read more]

Vietjet Air on July 25th signed a partnership agreement with Japan Airlines to share code on routes between the two countries.   Under the agreement, as a first step, the two carriers will start a code-share cooperation for all flight services between Japan and Viet Nam, as well as JAL’s domestic flights, and Vietjet’s domestic flights, as well as flights between Viet Nam and the other Asian countries.   Japan Airlines and Vietjet will further explore opportunities to develop the partnership in various areas, including a frequent flier partnership, aircraft operations and maintenance, as well as ground handling services and training.   In his speech at the signing ceremony, Mr. Tadashi Fujita, Japan Airlines Executive Vice President, said the carrier is operating direct flights from Tokyo (Narita airport) to Ho Chi Minh City and Ha Noi, as well as from Tokyo (Haneda airport) to Ho Chi Minh City.   The two airlines have held a series of discussions on expanding their networks in response to the travel needs of people in neighboring Asian countries to Viet Nam, in addition to meeting growing demand for air travel between Japan and destinations in Viet Nam, he added.   Mr. Luu Duc Khanh, Managing Director of Vietjet Air, said Japan is a key market of the airline’s expanding flight network in the Asia-Pacific region. The partnership will help the carrier diversify its air transportation products and the…... [read more]




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