Vietjet awards "Excellent Brands – Outstanding Business Performance" in 2024

(Vietjet, Hanoi, Oct 14, 2024) - Vietjet Air has recently been recognized by the Vietnam Economic Times in the top 50 Excellent Brands of Vietnam 2024.

This year's program with the theme "Pioneering Green Investment" honored businesses in the following award categories: Outstanding Business Performance, Impressive Growth, Pioneer of Innovation, Green Growth and Sustainable Development. In which, Vietjet is honored in the Top 10 Excellent Brands – Outstanding Business Performance.

Also honored in the Top 50 Strong Brands of Vietnam 2024 are enterprises such as Vietnam Oil and Gas Group (PetroVietnam), The Military Industry and Telecoms Group (Viettel), VinGroup, Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV).

The evaluation council conducted a survey and voted for Vietjet based on criteria such as achievements in business operations, commerce, and services; application of digital transformation, green transformation, emphasis on green investment activities, projects promoting sustainable economic development; brand protection and commitment to policies focusing on labor and social responsibility for the community.

In H1/2024, Vietjet transported a total of 13.1 million passengers on more than 70,000 safe flights. The number of international passengers reached 5.5 million while the number of international flights exceeded 28,300, increasing by 52% and 43% respectively YoY, making it the leading airline in terms of passenger volume.

Vietjet reported H1 consolidated revenue of VND34.030 trillion (approx. US$1.38 billion) and consolidated pre-tax profit of more than VND1 trillion (approx. US$40.63 million), increasing by 15% and 307% respectively YoY.

Achieving impressive results, each journey with Vietjet is always associated with the goal of sustainable development, showcasing the company's responsibility towards the community and society.

From October 2023, for every Vietjet ticket sold, the airline will allocate VND5,000 to the Fly Green fund to sponsor environmental protection programs contributing to safeguarding the Earth's greenery.

Vietjet is also a pioneer in converting from paper tickets to e-tickets, utilizing online payment methods and procedures to minimize the use of printing ink, employing environmentally friendly materials that can be recycled onboard, implementing fuel-saving programs, and reducing CO2 emissions from engines.

Vietjet leads the way in fuel efficiency with a fleet primarily composed of A320neo and A321neo aircraft, saving 20% in fuel and reducing greenhouse gas emissions compared to previous-generation Airbus aircraft. These aircraft are also equipped with GTF engines, which help reduce fuel consumption by at least 20%, while contributing to a 75% reduction in noise pollution and a 50% decrease in emissions.

To optimize flight operations, the airline collaborates with Safran International Group to implement programs that monitor and analyze flight activities to enhance fuel efficiency and report the annual emissions through CORSIA. Additionally, Vietjet has introduced the operation of safe flights using Sustainable Aviation Fuel (SAF).

The implementation of these programs not only positively contributes to the environment but also demonstrates the airline's vision and commitment to the green future of the aviation industry in Vietnam.

Vietjet's social responsibility is clearly demonstrated to the community, society, and localities through sponsoring cultural and sports activities, implementing support programs, and assisting disadvantaged people in Vietnam.

Furthermore, the continuous improvement, establishment of positive policies, and creation of a safe and happy working environment for employees are also significant steps that Vietjet has taken in recent times.

The philosophy of putting customers, community and environment at the core of its business operations has become the driving force for sustainable development and Vietjet's ESG management goals. Proudly bearing the national brand, Vietjet will continue to strive towards green transformation, green growth, and make breakthroughs in pioneering sustainable development missions.