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Hanoi, Vietnam: Vietnam Airlines (HVN) delivered its strongest financial performance in history in 2025, posting record annual revenue and sharply improved profitability, according to its fourth-quarter financial statements released on January 29. In the fourth quarter of 2025, the national flag carrier recorded consolidated revenue of VND 32.34 trillion (approx. US$1.3 billion), an increase of 12 percent year-on-year. Consolidated pre-tax profit reached nearly VND 540 billion during the period. Vietnam Airlines attributed the strong Q4 performance to higher seat occupancy rates and growing passenger and cargo volumes, particularly on international and regional routes. The airline also increased flight frequencies on key international services and optimized fleet utilization to meet strong demand during the year-end peak travel season. Vietnam Airlines reported consolidated revenue of more than VND 21.43 trillion for the full year 2025, marking the highest annual revenue in the company’s history and a rise of about 10 percent compared with 2024. Consolidated after-tax profit exceeded VND 7.71 trillion, with the portion attributable to the parent company reaching VND 5.51 trillion more than double that of the prior year. Beyond operational gains, Vietnam Airlines implemented multiple service upgrades aimed at boosting passenger experience and strengthening competitiveness. These included: Launch of in-flight internet services. Introduction of the carrier’s signature fragrance, “Nha”. More synchronized services at Terminal 3 of Tân Sơn Nhất International Airport. Biometric VNeID check-in capabilities. Expansion and upgrades of Lotus lounges at major airports. According to the airline, these enhancements not only elevated the travel experience but also supported business performance during the critical holiday period. Vietnam Airlines also strengthened its financial foundations in 2025 by successfully issuing 897 million new shares. This helped return both parent and consolidated equity to positive territory by the end of the year. The airline contributed VND 3.29 trillion to the State budget, a 5 percent year-on-year increase, underscoring its expanding role in supporting Vietnam’s broader economic recovery and growth. Looking ahead, Vietnam Airlines plans to build on the momentum of 2025 by enhancing operational efficiency and financial performance. For 2026, the carrier is targeting: 29.07 million passengers, a 13.2 percent increase over 2025. Approximately 13 percent growth in available seat kilometres to tap into rising demand across the Asia-Pacific aviation market. With a strengthened balance sheet and improving profitability, Vietnam Airlines said it is positioning itself for sustainable medium- and long-term growth while progressing toward its goal of becoming a five-star international airline by 2030.

Vietnam Airlines Achieves Record Revenue And Profit, Marking Best Year In Its History

Aviation Today News Desk / February 2, 2026

Hanoi, Vietnam: Vietnam Airlines (HVN) delivered its strongest financial performance in history in 2025, posting record annual revenue and sharply […]

Hanoi, Vietnam: Vietnam’s civil aviation sector has grounded 28 commercial aircraft as part of a broader global engine shortage that continues to disrupt airline fleet operations and maintenance timelines, industry sources and official data confirm. According to figures released by the Civil Aviation Authority of Vietnam (CAAV) and industry reporting, the affected aircraft represent approximately 13.1 per cent of Vietnam’s operational commercial fleet, underscoring the depth of the ongoing supply chain challenge. The grounding stems from an extended recall and repair cycle for Pratt & Whitney’s PW1000G geared turbofan engines, which power a large portion of narrow‑body jets such as the Airbus A321neo. These engines have been subject to global maintenance and availability constraints, affecting multiple airlines worldwide. Of the aircraft currently out of service in Vietnam: 24 are Airbus A321neo aircraft Three are Airbus A350s One is an Airbus A320ceo Despite reduced fleet availability, carriers based in Vietnam have maintained core route operations, both domestically and internationally. Hanoi (HAN) and Ho Chi Minh City (SGN) continue to serve as major aviation hubs, linking close to 50 domestic routes across 20 airports. On the international front, Vietnamese airlines operate over 110 scheduled routes to more than two dozen countries, while foreign carriers maintain robust connections with Vietnam through over 140 services. Strong travel demand has bolstered resilience across the sector. Preliminary data estimates that international passenger numbers will reach around 46.9 million in 2025, marking roughly a 13.3 per cent increase compared with the previous year. Domestic passenger traffic also rose, with nearly 36.6 million travellers, reflecting sustained demand across segments. Total passenger traffic is seen growing by upwards of 6.7 per cent, while cargo volumes have climbed by 4.6 per cent over the same period. Vietnam’s aviation regulator and airline operators have initiated strategies to mitigate the impact of grounded aircraft, including fleet reallocation, schedule adjustments, and prioritising high‑demand routes. The CAAV has signalled that while the number of grounded jets has eased compared with earlier reports in 2025, supply chain recovery challenges persist. Looking ahead, Vietnam’s air transport sector is pursuing ambitious growth targets for 2026, aiming to accommodate up to 95 million passengers alongside expanded cargo operations, signalling confidence in long‑term traffic growth despite underlying technical challenges

Airlines

Vietnam Grounds 28 Aircraft Amid Global Engine Shortages, Operations Disrupted

Aviation Today News Desk / December 18, 2025

Hanoi, Vietnam: Vietnam’s civil aviation sector has grounded 28 commercial aircraft as part of a broader global engine shortage that

Hanoi, Vietnam: Vietnam’s aviation industry is solidly recovering from the pandemic downturn, with sustained increases in passenger and cargo traffic this year and projections pointing toward double-digit growth in 2026. The Civil Aviation Authority of Vietnam (CAAV) projects that total passenger throughput for 2025 will reach approximately 84 million, an 11.4% rise over 2024, while air cargo is expected to finish the year at around 1.4 million tonnes. Domestic and international travel continue to expand, reflecting strengthening demand both within Vietnam and from abroad. Passenger volume figures show significant gains across the year: data from the first nine months of 2025 estimate about 64.1 million passengers transported and 1.1 million tonnes of cargo, up 10.7% and 18.7% year-on-year, respectively. The recovery is consistent with earlier data showing a strong first half of the year, when total air passengers reached 41.3 million, recording 10% growth compared with the same period in 2024. International travel growth outpaced domestic trips, underscoring the return of overseas tourism. Vietnam’s aviation rebound is underpinned by major infrastructure developments. Expansion projects at key hubs including Tan Son Nhat International Airport’s new Terminal 3 and improved capacity at Noi Bai International Airport aim to relieve congestion and support higher traffic volumes. Terminal 3 at Tan Son Nhat has already become operational in 2025, increasing capacity significantly at the country’s busiest airport. New airport initiatives are also underway in secondary regions, such as the civil aviation component for Phan Thiet Airport, approved with significant public investment to serve rising passenger demand in the south-central region. Vietnam’s broader economic resilience bolsters aviation growth. Robust tourism demand and rising consumer travel have contributed to consistent increases in airline traffic. Analysts also note that the return of international markets including resumed flights to Russia and expanded Asian connections is supporting sustained expansion. Market forecasts suggest the sector’s long-term potential remains strong, with industry research forecasting overall passenger and cargo demand to continue rising through 2030. Vietnam’s position within the Southeast Asian aviation market, already among the fastest-growing in the region, is expected to strengthen further as international connectivity increases and infrastructure improves. Despite robust growth, the industry faces operational and capacity challenges. On-time performance and cancellations have drawn scrutiny due to schedule disruptions, while some airports operate beyond designed traffic capacity. Safety and security have also been highlighted as policy priorities. Recent directives from the Prime Minister’s office emphasize that aviation safety systems must meet stringent international standards amid rapid expansion. Building on 2025’s gains, market analysts and CAAV projections suggest that Vietnam’s aviation industry is poised for double-digit growth next year, with passenger numbers and cargo volumes set to expand further as international demand normalizes and new routes come online. With continued infrastructure investments, expanding airline networks, and supportive policy frameworks, Vietnam’s aviation sector is expected to sustain its upward trajectory into 2026 and beyond.

Airlines

Vietnam’s Aviation Sector Gathers Momentum With Strong Recovery And Growth Outlook

Aviation Today News Desk / December 17, 2025

Hanoi, Vietnam: Vietnam’s aviation industry is solidly recovering from the pandemic downturn, with sustained increases in passenger and cargo traffic

Vietnam aviation

Vietnam Grounds 28 Aircraft Amid Global Engine Shortages, Operations Disrupted

Vietnam’s Aviation Sector Gathers Momentum With Strong Recovery And Growth Outlook

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