The Vietjet Aviation Joint Stock Company has been named as one of the Top 50 listed Vietnamese Companies by Forbes magazine during an award ceremony in Ho Chi Minh City on August 15, 2019. The companies awarded were rated on the basis of compound annual growth, profit, return on equity, earnings per share, growth between 2013 and 2018, branding, quality of corporate management, source of profit, and the prospect of sustainable development.
Vietjet has been recognised for the third consecutive year since its official listing on the Ho Chi Minh City Stock Exchange in February 2017. The company’s revenue from air transport saw a yearly increase of 22 per cent to more than VND 20.14 trillion in the first half of 2019. The company also saw a year-on-year rise of 16 per cent in its six-month pre-tax profit to more than VND 1.56 trillion.
From January to June 2019, VJC operated more than 68,820 flights, equivalent to 45 per cent of all flights operated by Vietnamese carriers, and transported 13.5 million passengers. This has helped the airline maintain its leading position in domestic air transportation with a 44 per cent market share.
