Vietjet continues overseas network expansion as tourism recovers

By Anh Minh
Tue, July 2, 2024 | 1:35 pm GMT+7

Vietnam’s low-cost carrier Vietjet has announced two new routes to South Korea and China as tourist arrivals from those two markets have surged, giving a boost to the domestic tourism industry.

The carrier on Monday announced a new route connecting Vietnam’s coastal city of Nha Trang to Daegu, South Korea’s fourth-largest city.

The new route is scheduled to commence operation on October 27, 2024, with seven round-trip flights per week, affirming the airline’s largest flight network between Vietnam and Korea.

The announcement was made at the Vietnam-South Korea Tourism Promotion and Cultural Cooperation Forum in the presence of Vietnam’s Prime Minister Pham Minh Chinh during his four-day official visit to Seoul.

(From right to left) Vietnam's Minister of Culture, Sports and Tourism Nguyen Van Hung, Vietnam's Prime Minister Pham Minh Chinh, South Korea Deputy Minister of Culture, Sports and Tourism Jang Mi-ran, and Nguyen Thanh Hung, vice chairman of Vietjet conduct the ceremony to announce the Daegu – Nha Trang route. Photo courtesy of Vietjet.

(From right to left) Vietnam's Minister of Culture, Sports and Tourism Nguyen Van Hung, Vietnam's Prime Minister Pham Minh Chinh, South Korea Deputy Minister of Culture, Sports and Tourism Jang Mi-ran, and Nguyen Thanh Hung, vice chairman of Vietjet conduct the ceremony to announce the Daegu – Nha Trang route. Photo courtesy of Vietjet.

Since its inaugural flight linking the two capitals Hanoi and Seoul in July 2014, Vietjet has continually expanded its flight network, transporting ten million passengers across over 37 regular and charter services between Vietnam and South Korea.

Vietjet is flying between Vietnam’s major tourist attractions namely Ho Chi Minh City, Hanoi, Hai Phong, Danang, Nha Trang, Phu Quoc, and Da Lat and Korea’s Seoul, Busan, and Daegu.

The airline on Monday inaugurated its new route connecting HCMC to Xi'an, the capital of Shaanxi province in China, renowned for its rich historical and cultural heritage, following the launch of services to Shanghai and Chengdu.

The route, operating four round-trip flights weekly, aims to foster deeper cultural and economic ties between the two cities as well as the two neighboring countries.

The new routes expand Vietjet's network across Vietnam and internationally to destinations in Australia, India, Northeast Asia, and Southeast Asia, creating more opportunities for cultural exchange, education, economic development, and tourism between nations.

In the first six months this year, Vietnam welcomed 8.8 million foreign tourist arrivals, reaching nearly half of its inbound tourism target of 18 million this year – the pre-pandemic level.

South Korea made up the biggest share of 2.28 million in H1, or 30%; followed by mainland China with 1.89 million (25%).

In the six-month period, air travel was the most popular mode of transportation for foreign visitors to Vietnam, with 7.4 million passenger arrivals, up 51.6% year-on-year.

Comments (0)
  • Read More
Taiwanese apparel material supplier Paiho injects additional $120 mln into southern Vietnam unit

Taiwanese apparel material supplier Paiho injects additional $120 mln into southern Vietnam unit

Paihong Vietnam Co. Ltd., a unit of Taiwan-based Paiho Shih Holdings Corporation serving the footwear and apparel industries, has decided to raise capital by $120 million through the issuance of 120 million new shares.

Industries - Sun, May 10, 2026 | 5:28 pm GMT+7

Vietnam calls for expanded flexible financing tools from ADB

Vietnam calls for expanded flexible financing tools from ADB

Prime Minister Le Minh Hung has called on the Asian Development Bank (ADB) to expand flexible and preferential financing instruments better suited to Vietnam’s funding needs for development investment in the coming period.

Economy - Sun, May 10, 2026 | 4:08 pm GMT+7

Asia’s leading luxury travel magazine hails Hanoi's new opera house: 'Move aside, Sydney'

Asia’s leading luxury travel magazine hails Hanoi's new opera house: 'Move aside, Sydney'

Even while under construction, the new Hanoi Opera House at West Lake has become a focal point for international media.

Companies - Sun, May 10, 2026 | 11:21 am GMT+7

Duc Giang Chemicals CEO reassures shareholders, accepts profit erosion pressure

Duc Giang Chemicals CEO reassures shareholders, accepts profit erosion pressure

CEO of Duc Giang Chemicals Group JSC (HoSE: DGC) Luu Bach Dat admitted shortcomings in the company’s legal compliance following the arrest of senior executives and pledged to close regulatory loopholes to prevent similar issues in the future.

Companies - Sun, May 10, 2026 | 10:54 am GMT+7

Vietnam developer Saigonres plans $650 mln investment for next 5 years

Vietnam developer Saigonres plans $650 mln investment for next 5 years

Saigon Real Estate Group JSC (Saigonres) plans total investment of VND17.11 trillion ($650.37 million) for 2026-2030, implying average annual capital demand of about VND3-4 trillion ($114-152 million).

Real Estate - Sun, May 10, 2026 | 10:15 am GMT+7

Firms must abandon five leadership habits to navigate AI era: FPT CEO

Firms must abandon five leadership habits to navigate AI era: FPT CEO

The important thing is not to chase AI, but to apply AI to solve the right organizational problems, said Nguyen Van Khoa, CEO of FPT Corporation, a leading technology company in Vietnam.

Companies - Sun, May 10, 2026 | 8:00 am GMT+7

Trung Nam Group's solar power arm suffers $37 mln loss amid rising debt pressure

Trung Nam Group's solar power arm suffers $37 mln loss amid rising debt pressure

Trung Nam Thuan Nam Solar Power Company Limited, a subsidiary of the multi-sector Trung Nam Group, incurred a net loss of VND969 billion ($36.83 million) in 2025, reversing a profit of VND138.2 billion ($5.35 million) a year earlier, according to its 2025 earnings statement.

Companies - Sat, May 9, 2026 | 3:01 pm GMT+7

French firms eye Vietnam’s North-South high-speed railway project

French firms eye Vietnam’s North-South high-speed railway project

A delegation of 15 major French companies and industrial groups has expressed interest in participating in Vietnam’s planned North-South high-speed railway project.

Infrastructure - Sat, May 9, 2026 | 2:38 pm GMT+7

Grocery chain Bach Hoa Xanh opens 1st store in Hanoi, takes cautious northern Vietnam expansion approach

Grocery chain Bach Hoa Xanh opens 1st store in Hanoi, takes cautious northern Vietnam expansion approach

Bach Hoa Xanh, a grocery chain operated by Vietnam’s leading retailer Mobile World Investment Corporation (HoSE: MWG), has opened its first store in Hanoi, marking entry into one of the country’s most competitive consumer markets.

Companies - Sat, May 9, 2026 | 8:17 am GMT+7

Intel to continue expanding investment in Vietnam: exec

Intel to continue expanding investment in Vietnam: exec

U.S. chipmaker Intel will continue expanding investment, supporting workforce training, and helping develop Vietnam’s semiconductor ecosystem as the country refines investment support mechanisms to retain large-scale high-tech projects, said its executives.

Industries - Fri, May 8, 2026 | 7:48 pm GMT+7

Vietnam stocks extend rally to fresh record high

Vietnam stocks extend rally to fresh record high

Vietnam’s benchmark VN-Index extended gains for a fourth straight session on Thursday, closing at a new all-time high of 1,915.37 points as large-cap banking and property stocks supported the market despite continued foreign selling.

Finance - Fri, May 8, 2026 | 5:49 pm GMT+7

Vingroup’s VinMetal partners with Primetals for green steel complex in central Vietnam

Vingroup’s VinMetal partners with Primetals for green steel complex in central Vietnam

Vingroup’s subsidiary VinMetal has signed a strategic cooperation agreement with global steel giant Primetals Technologies to develop a large-scale integrated steel complex in central Vietnam.

Industries - Fri, May 8, 2026 | 4:25 pm GMT+7

Hanoi pushes Sumitomo, BRG to accelerate $4.2 bln smart city project

Hanoi pushes Sumitomo, BRG to accelerate $4.2 bln smart city project

Hanoi authorities have asked Japan’s Sumitomo and local conglomerate BRG Group to quicken the progress of the North Hanoi Smart City project as soon as legal procedures are finalized.

Real Estate - Fri, May 8, 2026 | 3:31 pm GMT+7

Moody's Ratings upgrades MBBank's deposit ratings to Ba2 from Ba3, outlook stable

Moody's Ratings upgrades MBBank's deposit ratings to Ba2 from Ba3, outlook stable

Moody’s Ratings (Moody’s) has announced an upgrade of the local currency and foreign currency long-term deposit and issuer ratings for Military Commercial Joint Stock Bank (MB, HoSE: MBB) from Ba3 to Ba2, aligning with Vietnam’s sovereign rating (Ba2 positive). The outlook remains "Stable."

Banking - Fri, May 8, 2026 | 3:00 pm GMT+7

Vietnam welcomes leading Indian groups to expand energy, infrastructure cooperation: top leader

Vietnam welcomes leading Indian groups to expand energy, infrastructure cooperation: top leader

Vietnam is ready to create favorable conditions for capable Indian corporations and businesses to expand investment and operations in the country in line with its laws, while ensuring transparency and balanced interests among stakeholders, said Vietnam’s Party chief and President To Lam.

Economy - Fri, May 8, 2026 | 1:59 pm GMT+7

Vietnam airport operator ACV records slows disbursement for Long Thanh mega-airport project

Vietnam airport operator ACV records slows disbursement for Long Thanh mega-airport project

Airports Corporation of Vietnam's (ACV) slow disbursement for the Long Thanh International Airport project, located in the southern province of Dong Nai, highlights implementation bottlenecks despite the company's strong profitability in Q1/2026 and substantial cash reserves for the country's largest aviation infrastructure project.

Companies - Fri, May 8, 2026 | 1:41 pm GMT+7

  • Opinion