Three Vietnamese carriers among world's top 100 airlines
Vietnam Airlines, Bamboo Airways and Vietjet Air have been honored with titles in different categories by UK-based air transport rating organization Skytrax.
Vietnam Airlines was ranked 48th in the list of the world's top 100 airlines of 2022, as voted for by travellers around the world.
The top 10 airlines on the list, in order were: Qatar Airways (Qatar); Singapore Airlines (Singapore); Emirates (Dubai); ANA All Nippon Airways (Japan); Qantas Airways (Australia); Japan Airlines (Japan); Turkish Airlines (Turkey); Air France (France), Korean Air (South Korea) and Swiss International Air Lines (Switzerland).

A Vietnam Airlines plane. Photo courtesy of Ministry of Transport.
Vietnam Airlines earned revenues of more than VND30,000 billion ($1.28 billion) in the first half of the year, double the same period last year. However, due to high fuel prices and dormancy of many international routes, its losses mounted to over VND5,100 billion ($217.4 million), down more than VND3,000 billion compared to the same period last year. As of June 30, the airline's accumulated losses stood at VND28,900 billion ($1.23 billion).
Bamboo Airways was ranked 15th in the list of the world’s best regional airlines and second in the list of the best regional airlines in Asia 2022.
The airline was the most punctual Vietnamese airline in the first half of the year, with a 96.3% on-time flight rate, according to the Civil Aviation Authority of Vietnam. It has also been the most on time airline in the domestic aviation industry since 2019.
The carrier's total revenue in the first half of 2022 reached more than VND7,000 billion ($295 million), exceeding 47.8% of its six-month plan, former chairman and general director Dang Tat Thang said at a six-month review meeting of the private carrier. Its revenue is less than one fourth of Vietnam Airlines.
Vietjet Air was chosen the best low-cost airline in Vietnam 2022.
In July, the private budget carrier was named "Best Value Airline of the Year" for 2022 by Australia-based AirlineRatings.com, an air quality assessment organization, for its "low fares, superb cabin crew and innovation."
Vietjet Air also ranked in the top 10 low-cost airlines. The list, in order, comprised: Allegiant Air, AirAsia, EasyJet, Jetstar, Flair, Fly Dubai, Ryanair, Scoot, Southwest and Vietjet.
However, the airline has attained some notoriety for delayed flights. Its on-time rate in the first half of the year was 83.2%, while the figure for Vietnam Airlines was 85%.
Vietjet recorded an after-tax profit of VND145 billion ($6.18 million) in the first half of the year, up 19% year-on-year as domestic travel demand recovered. The firm’s consolidated revenues rose 111% to VND15,934 billion ($679 million), more than half of Vietnam Airlines, according to its financial statement.
The carrier said demand on domestic air routes surged 30% in the first six months over the same period in pre-pandemic 2019.
The World Airline Awards, “wholly independent and impartial,” was introduced in 1999 to provide a customer satisfaction study that was truly global. Travellers across the world vote in the largest airline passenger satisfaction survey to determine the award winners, Skytrax said.
The latest online customer survey was done from September 2021 to August 2022. It was offered in English, French, Spanish, Russian, Japanese and Chinese. Over 100 nationalities participated in the 2021/2022 survey. Survey entries were screened to identify IP and user information, with all duplicate, suspect or ineligible entries deleted. More than 350 airlines are featured in the final Award results.
- Read More
Vietnam offers numerous advantages for Skoda Auto's investment: executive
Vietnam offers a range of advantages for investment by Czech automaker Skoda Auto, including its seaport system, logistics infrastructure, and skilled labor, the company’s chairman and CEO Klaus Zellmer said on Thursday.
Industries - Fri, March 28, 2025 | 7:33 pm GMT+7
Vietnam plans to cut import tax for LNG to 2%
Vietnam’s Ministry of Finance is drafting a decree on preferential import tax for some products, including a proposal of 2% tax rate for LNG.
Energy - Fri, March 28, 2025 | 4:31 pm GMT+7
AES’s $2.1 bln LNG power project needs solutions to meet deadline: Vietnam authorities
The 2,250-MW Son My 2 LNG-fired power project, invested by the U.S.'s AES and state-run Petrovietnam subsidiary PV Gas, “needs solutions” to meet its deadline.
Energy - Fri, March 28, 2025 | 4:06 pm GMT+7
Over $9 bln pledged for investment projects in central Vietnam province Binh Dinh
Binh Dinh province on Friday handed over MoUs on investment cooperation, in-principle approvals and investment registration certificates to 62 projects worth over VND231 trillion ($9.03 billion).
Industries - Fri, March 28, 2025 | 4:05 pm GMT+7
Vietnam's giant Vingroup eyes mullti-billion-dollar renewable, LNG power projects
Vietnam's leading private conglomerate Vingroup is seeking the government's permission to develop seven renewable energy projects worth $20-25 billion and a $5.5 billion LNG-fired power project from 2025-2030.
Energy - Fri, March 28, 2025 | 1:09 pm GMT+7
While the buzz around a market upgrade is back, who is this milestone for?
A key issue for the Vietnamese stock market is the underdevelopment of the institutional investor base. The dominance of retail investors can create heightened volatility, which, in turn, reduces the incentive for high-quality companies to list on the stock exchange, writes Gary Harron, head of securities services at HSBC Vietnam.
Consulting - Fri, March 28, 2025 | 10:31 am GMT+7
Vietnam's private lender VIB seeks strategic shareholders: chairman
Vietnam International Bank's (VIB) board of directors is now in discussions with banks and investment funds to find suitable partners for the lender, ensuring a mutually beneficial partnership that goes beyond finance.
Banking - Fri, March 28, 2025 | 8:31 am GMT+7
Vietnam tech giant FPT opens semiconductor R&D center in central Vietnam
Vietnam’s leading tech group FPT on Thursday inaugurated its high-tech and semiconductor R&D center at the Danang Software Park No. 2 in the central city of Danang.
Industries - Fri, March 28, 2025 | 8:00 am GMT+7
HCMC's international financial center development to be phased out: city leader
Ho Chi Minh City aims to become an international financial center, with related development plan divided into three phases, said Vo Van Hoan, its Vice Chairman.
Economy - Thu, March 27, 2025 | 11:11 pm GMT+7
Car producers in Thailand postpone export models
Car manufacturers in Thailand have decided to delay making some models for export due to U.S. President Donald Trump's new tariff policy.
Southeast Asia - Thu, March 27, 2025 | 10:17 pm GMT+7
Indonesia approves $7 bln budget for food security in 2025
Indonesia’s Ministry of Finance on Wednesday announced that the government has approved a budget of IRD118 trillion ($7.1 billion) for food security programs in 2025.
Southeast Asia - Thu, March 27, 2025 | 10:14 pm GMT+7
Honda Vietnam rolls out first domestically produced electric scooter
Honda Vietnam has officially launched its first domestically produced electric scooter, the ICON e:, marking a significant step in the company’s electrification and sustainable mobility strategy in Vietnam.
Southeast Asia - Thu, March 27, 2025 | 10:09 pm GMT+7
Vietnam's Quang Ngai seaport system requires over $420 mln investment by 2030
The seaport system in the central Vietnam province of Quang Ngai will need about VND10.83 trillion ($423.54 million) in investment by 2030, according to the detailed 2021-2030 development plan for local seaport land and water areas, with a vision to 2050.
Southeast Asia - Thu, March 27, 2025 | 10:06 pm GMT+7
Leading steelmaker Hoa Phat targets record revenue on partial operation of central Vietnam plant
Hoa Phat Group, Vietnam’s top steelmaker, targets a record-high revenue in 2025, driven by the expected partial operation of a steel and iron complex in the central region this year.
Companies - Thu, March 27, 2025 | 8:10 pm GMT+7
Offshore wind power developer CIP seeks long-term cooperation with Vietnam
Copenhagen Infrastructure Partners (CIP), a major Danish renewable energy developer, is seeking to reach long-term cooperation with Vietnamese businesses in the offshore wind power sector.
Energy - Thu, March 27, 2025 | 4:16 pm GMT+7
Vietnam giant VinFast moves to expand EV service in Philippines
VinFast, Vietnam’s largest electric vehicle (EV) manufacturer, has partnered with MGA.414 Corporation, the operator of the JIGA automotive service chain, to expand its EV service network in the Philippines.
Southeast Asia - Thu, March 27, 2025 | 3:48 pm GMT+7
- Opinion
-
Vietnam embraces new wave of investments: HSBC exec
-
Chinese e-commerce giant Temu's Vietnam entry: unfair competition or market economy norm?
-
Vietnam's economy: positive changes but concerns persist
-
Slow administrative procedures hinder Korean investments in Vietnam: KoCham chair
-
Abundant real estate opportunities surround HCMC
-
Vietnam needs to modify FDI incentives to stay competitive amid global minimum tax application: expert