For 5 years of taking off and serving customers, Vietjet has been honored with 32 domestic awards and 9 significant international awards such as :
Vietjet have been ranked 22nd in the top 50 global best airlines in financial activities and health in 2018 voted by Air Finance Magazine - one of the world's leading aviation financial magazines .
Vietjet also has been awarded the world's highest ranking for safety with 7-stars from the world's only safety and product rating agency AirlineRating ;
Being awarded the Third-Grade Labor Order of State President for outstanding achievements in charity and humanitarian work and contributions to the
country's development.
Vietjet won the Top Airlines by Absolute Passenger Growth in Southeast Asia at Changi Airline Awards 2018;
Top 10 Sustainable Development Businesses as recognized by Vietnam
Economic Times’ Editorial Board and readers; Top 100 Best Places to Work in Vietnam voted by Anphabe and Nielsen ;
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Being honored as one of the Vietnam's 50 best listed companies in 2018 by Forbes.
Being awarded "Best Ultra Low Cost Airline 2018 " for two consecutive years.
Honored as “Pioneering Airline” at The Guide Awards 2018.
Being honored with Asia's Best Flight Attendant Wardrobe at NOW Travel Asia Magazine awards ceremony in Chengdu City (China).
Honored as “The best customers’s choice airline award” at award ceremony of Cool Product Awards 2018…
Furthermore, Vietjet Air under the leadership of Ms Nguyen Thi Phuong Thao:
Vietnam's first self-made woman billionaire & the richest female billionaire in Southeast Asia ($ 2.2 B) , has become Southeast Asia's second largest airline, surpassing AirAsia , only behind Singapore airlines (US 3.6B) in the market capitalization . Vietjet Air's market capitalization is currently at VND 64,492 billion (USD 3B). Madam Thao also said that: "I have always aimed big and done big deals. I have never done anything on a small scale. When people were trading one container [of goods], I was already trading hundreds of containers". (Forbes).
General Director & CEO of Vietjet Air: Nguyen Thi Phuong Thao was also honored in the Top 100 most powerful women in 3 consecutive years (Forbes);
honored by Bloomberg as one of 50 global leaders in 2018 and honored as the most successful businesswoman in both Vietnam and the ASEAN region at the award ceremony of the ASEAN Business Award 2018.
Vision: To become a multi-national aviation group with a route network covering the entire region and the world, providing and developing not only aviation services but also consumption products on the e-commerce platform and being a favourite and trusted brand name (Website of VJ)
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Mission: To operate and develop domestic, regional and international route network. To bring a breakthrough in aviation services. To make aviation services to become popular means of transport in Vietnam and in the world. To bring joyfulness, customer satisfaction by providing luxurious and exceeding expectation services with friendly smiles.
Core value: Safety - Happiness – Affordable Price - Punctuality
Corporate Culture: Awareness of safety – Integrity – Differentiation, full of inspiration – Diligence, Resourcefulness – Joyfulness, Strength and Excitement Business sector: Vietjet's business activities focus on 5 main groups, including:
Education and Training : For aircraft drivers, Technicians & Other
Building: Real estate, Exploiting, Leasing…
Direct support activities/others: Ground services , Maintenances , technical supports, Fuels , Accessaries
Business: Food Service, Machinery / aircraft: Sell, Broker, Auction; Ticket distributor, Advertisement, Retail, Restaurant
Passenger transport airline: Promote / organize tourism, Road passenger transport/ others, Transportation of goods
Vietjet’s Business Model: Based on low-cost airline model with specific elements such as single-point flight, focusing on short-haul flights with high flight
frequencies, focusing on cost control, the main web-based distribution channel Consantly innovation to create make a difference in the quality of products &
services offer to customers, Vietjet has succeeded in building a new generation airline model: low cost but with superior service quality that meets industry 4.0 and serves the diverse needs of different customers.
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Trading name VietJet Air (VJ or VJC)
Founded November 2007; 11 years ago Commenced operations 25 December 2011
Hubs Cat Bi International Airport Da Nang International Airport Noi Bai International Airport
Tan Son Nhat International Airport Fleet size 66 (orders :314)
Destinations 105
Company slogan Vietnamese: "Bay là thích ngay!"
English : "Enjoy Flying!
Parent company Sovico Holdings, HDbank Headquarters Ba Đình, Hanoi, Vietnam President and CEO of
Vietjet
Nguyen Thi Phuong Thao
Employees 2000
Website www.vietjetair.com
Table 4.3: Vietjet Air
Although facing many difficulties but as a driving force for the aviation industry, Vietjet has achieved many impressive results in 2018. Last year, Vietjet recorded a consolidated revenue of VND 53,577 billion, consolidated pre-tax profit VND 5,816 billion; proudly transports 23.06 million passengers, operates 66 aircraft with 105 domestic and international routes, carries out a total of 118,923 safe flights.
This is the results of the effort and passion of whole Vietjet staffs. After 8 years, Vietjet has really made a revolution in the airline industry with a lot of changes.
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That change not only brings sustainable value to investors and partners but also practical benefits for people and communities; positive impact on managers; create a new environment with new elements, new market problems that other airlines are adapting to. Vietjet's success story is concerned by the aviation industry and shared in regional forums and made a strong impression on international friends…
Fingure 4.4 : Vietjet's business results