Home Transport Aviation Vietjet Soars to Top 50 in Vietnam’s Elite List!

Vietjet Soars to Top 50 in Vietnam’s Elite List!

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Vietjet Soars to Top 50 in Vietnam’s Elite List!

Vietjet has secured a prominent position in Forbes Vietnam magazine’s annual Top 50 listed companies in Vietnam, showcasing leading businesses from diverse sectors in the country’s stock exchange.

According to Vietjet’s audited financial statements for 2023, the airline ranks fifth in revenue, amounting to VND58.3 trillion (approximately US$2.28 billion), reflecting a remarkable 45% year-on-year growth. Among the top ten companies listed are Petrolimex, Hoa Phat, PV Gas, Vinamilk, and FPT, to name a few.

Vietjet has exhibited a resilient post-pandemic recovery, strengthening its domestic flight network and expanding its international flight operations. In the previous year, the airline operated 133,000 flights and served 25.3 million passengers, marking a notable 183% year-on-year increase, with over 7.6 million passengers on international routes. Vietjet has focused on enhancing its eco-friendly fleet, emphasizing sustainable development goals, fuel efficiency, and emission reduction initiatives.

Furthermore, Vietjet has attained a credit rating of VnBBB-, the highest rating among Vietnamese corporations in accordance with the standards set by Vietnam’s Ministry of Finance.

Forbes Vietnam’s 2024 Top 50 listed companies is another highlight following Vietjet’s numerous accolades and recognitions, such as being named among the world’s 50 best airlines for healthy financing and operations by Airfinance Journal.

Additionally, Vietjet has been recognized as one of the 50 most valuable brands in Vietnam, Top 50 Vietnam’s best performing companies, Top 10 corporate governance companies on the Vietnam’s stock exchange, and among the top 20 listed companies with the highest sustainable development scores as determined by HOSE.

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