Vietnam’s Vietjet has reported strong financial results for the first half of 2025, underlining the country’s growing role as a regional aviation hub.
The low-cost carrier carried 14.4 million passengers on 79,000 flights between January and June, helping it achieve transport revenue of VND35.6 trillion (£1.08bn) and a pre-tax profit of nearly VND1.6 trillion (£48m) – a 37% increase year-on-year. Consolidated profits rose even more sharply, up 65% compared with 2024.
The airline has expanded rapidly in recent years, with its international network now including four routes from Singapore to Hanoi, Ho Chi Minh City, Phu Quoc and Da Nang.
By the end of 2025, it will operate 49 weekly round trips between Singapore and Vietnam.
Vietjet is also set to launch a new direct service between Ho Chi Minh City and Manila on 22 November, with five flights a week. It will be the airline’s first direct connection between Vietnam and the Philippines.
Alongside passenger growth, the airline has placed some of the largest aircraft orders in the industry.
At this year’s Paris Air Show, it signed a deal for 100 Airbus A321neo jets with an additional 50 purchase options, placing it among the world’s top 10 carriers for aircraft commitments.
It has also become the largest customer for the Airbus A330neo, with 40 aircraft on order.
Vietjet has further strengthened its partnership with Rolls-Royce, ordering 40 Trent 7000 engines to power its A330neo fleet.
Domestically, the airline is investing in infrastructure, including a new aircraft maintenance centre at Long Thanh International Airport, designed to service up to 10 aircraft at a time.
