By 
Financial Strength Drives Forbes Recognition
Vietjet has been named one of the Top 50 Best Listed Companies for 2026 by Forbes Vietnam. The ranking evaluates firms based on return on equity, return on invested capital, revenue and profit growth, and management quality.
This recognition highlights the airline's ability to maintain capital efficiency and create sustainable value for stakeholders within a volatile aviation market. The achievement follows a period of aggressive international network expansion and disciplined financial management.
H1 2026 Performance Metrics
The airline's financial trajectory for the first half of 2026 shows significant momentum toward its annual goals. Consolidated revenue reached VND51,536 billion (approximately USD1.98 billion), representing a 44% increase compared to the previous year.
This figure accounts for 59.4% of the company's total annual revenue target. Profitability has also remained strong, with consolidated profit after tax totaling VND1,372 billion (approximately USD52.7 million), which is 64.5% of the full-year financial plan.
Strategic Expansion and Global Connectivity
Vietjet is leveraging its financial stability to transition into a global aviation group. The strategy focuses on three primary pillars:
- Fleet Modernization: Upgrading to next-generation aircraft to lower operational costs.
- Network Growth: Adding international routes to link Vietnam with major Asia-Pacific economic hubs.
- Ecosystem Development: Building a broader aviation ecosystem to improve overall efficiency.
For markets such as Australia, this expansion facilitates increased trade, corporate travel, and tourism by strengthening the corridor between Vietnam and key regional destinations.
Management Perspective on Sustainability
Ms. Ho Ngoc Yen Phuong, Vice Chairwoman, Vice President, and CFO of Vietjet, emphasized that growth in the aviation sector must be balanced with financial discipline. She noted that investment decisions are specifically designed to increase competitiveness and expand flight accessibility for a larger population.
The airline aims to use this financial foundation to enhance Vietnam's global connectivity and secure long-term value for its investors and shareholders.
2026 Financial Performance Summary
| Metric | H1 2026 Value | Annual Target Progress (%) | YoY Growth |
|---|---|---|---|
| Consolidated Revenue | VND 51,536 Billion (~USD 1.98B) | 59.4% | 44% |
| Profit After Tax | VND 1,372 Billion (~USD 52.7M) | 64.5% | Not Specified |
Key Takeaways
- Forbes Validation: Vietjet is recognized as a top-performing listed company based on operational and financial health.
- Strong Revenue Growth: A 44% year-on-year increase in H1 revenue demonstrates rapid recovery and expansion.
- Target Alignment: The airline has already achieved over 60% of its annual profit target within the first six months of 2026.
- Global Ambitions: Strategic focus remains on next-gen fleet upgrades and expanding Asia-Pacific connectivity.
FAQ
Why was Vietjet included in the Forbes Vietnam Top 50? The inclusion is based on several financial and operational KPIs, including profit growth, return on equity, return on invested capital, and management quality.
What was Vietjet's revenue for the first half of 2026? The airline reported consolidated revenue of VND51,536 billion, which is roughly USD1.98 billion.
How is Vietjet expanding its international presence? Vietjet is upgrading its fleet to next-generation aircraft and opening new international routes to connect Vietnam with major tourism and economic hubs across the Asia-Pacific region.
