Strategic fleet expansion backed by key financial support
Under the agreement, Vietcombank will arrange funding for Vietnam Airlines’ purchase of 50 narrow-body aircraft, including both upfront payments and long-term loans covering the period from 2026 to 2032. Leveraging its extensive experience in financing major transport projects, Vietcombank and Vietnam Airlines will work closely to structure an optimal financing plan that ensures long-term efficiency and sustainability for this large-scale investment.
Mr. Le Quang Vinh – Member of the Board of Directors and General Director of Vietcombank (right), and Mr. Le Hong Ha – Member of the Board of Directors and General Director of Vietnam Airlines (left), formalized the signing with a ceremonial exchange
Strategic partnership between two leading enterprises
Vietcombank, one of Vietnam’s leading commercial banks, plays a pivotal role in providing financial solutions for national infrastructure projects, including those in the aviation sector. With a track record of supporting large-scale initiatives and offering flexible financial structuring, Vietcombank has partnered with Vietnam Airlines in fleet development programs for over a decade.
The strong cooperation between the two enterprises has been demonstrated through major projects, such as the acquisition of Airbus A350s and Boeing 787s, as well as the expansion of the Airbus A321 narrow-body fleet. This new project further deepens that collaboration, underscoring both parties’ commitment to long-term strategic growth.
The partnership not only highlights the capabilities of state-owned enterprises operating in key sectors, but also reflects a spirit of initiative, professionalism, and leadership in advancing national development goals.
Mr. Nguyen Thanh Tung – Member of the Executive Committee of the Government Party Committee, Secretary of the Party Committee, and Chairman of Vietcombank’s Board of Directors – delivered remarks
Mr. Nguyen Thanh Tung stated: “Since Vietnam Airlines was founded in 1995, Vietcombank has been honored to serve as its financial and banking partner. Over the past 30 years of collaboration – including 10 years as comprehensive strategic partners – our relationship has supported Vietnam Airlines through multiple phases of national economic growth. This financing agreement for 50 new narrow-body aircraft is a testament to the resilience and ambition of Vietnamese enterprises, contributing not only to national development but also to our competitive positioning in the global aviation industry.”
