Jetstar Pacific, Vietinbank sign deal to buy more aircraft
Low-budget Jetstar Pacific inked a credit contract worth 117 million USD for aircraft purchase with the Industrial and Commercial Bank of Vietnam (Vietinbank) on October 11.
The signing ceremony between Jetstar Pacific and Vietinbank (Photo: vietinbank.vn)
Hanoi (VNA) – Low-budget Jetstar Pacific inked a crediꦺt contract worth 117 million USD for aircraft purchase with the Industrial and Commercial Bank of Vietnam (Vietinbank) on October 11﷽.
The carrier will use the credit to buy modern airplane A320ceo in a bid to improve its services and expand domestic and international routes.
This deal marks Jetstar Pacific’s first time cooperation with Vietinbank, as part of the carrier’s long-term investment and development plan.
Le Hong Ha, Chief Executive Officer of Jetstar Pacific said that the cooperation benefits both sides as well as reaffirms Jetstar Pacific’s commitment to sustainable development in Vietnam and the region.
Vietinbank is a partner of Jetstar Pacific for online ticket payment for domestic credit and debit card users.
Jetstar Pacific is the first low-budget airline in Vietnam, with 33 domestic and international flight routes. It joins with global Jetstar network with 75 destinations to 17 countries and territories.-VNA
An A320 CEO Sharklet airplane touched down at Tan Son Nhat airport in Ho Chi Minh City on July 15, ready to make its maiden commercial flight in Vietnam as part of Jetstar Pacific’s fleet.
Jetstar Pacific has teamed up with Jetstar Group to start the Fly Carbon Neutral Programme, an environment initiative, to raise its passengers’ awareness of climate change and offset flight emissions.
The national flag carrier Vietnam Airlines (VA) has inked a memorandum of understanding (MoU) with France’s Airbus Group for 10 more A350-900 XWB aircraft.
The arrival of this first wind power equipment shipment signalled the Trung Nam Ca Na seaport’s infrastructure readiness and its entry into a new phase of development, aligned with Vietnam’s adjusted National Power Development Plan VIII.
PM Pham Minh Chinh has called on global tech giants to bolster cooperation with Vietnam to assist with the country's efforts to drive a startup and innovation ecosystem.
Prime Minister Pham Minh Chinh had meetings with leaders from multinational corporations on June 25, advancing Vietnam’s infrastructure development as well as food processing sector, on the sideslines of the 16th Annual Meeting of the New Champions of the World Economic Forum (WEF) in Tianjin city.
According to UOB, following the US’s announcement of reciprocal tariffs of 46% on Vietnamese goods on April 2, around 80% of Vietnamese businesses have proactively taken measures to respond to potential impacts.
As one of the most prestigious annual international events in the industry, the expo serves as a prime platform for enterprises to connect, exchange valuable experience, and explore reliable collaboration opportunities with both domestic and international companies.
Organised by the Vietnamese Embassy and Trade Office, Vietnam's national booth showcases catalogues and product samples from over 30 Vietnamese companies, spanning key sectors such as agriculture, seafood, food and beverages, footwear, textiles, furniture, plastics, construction materials, and industrial machinery.
The pangasius industry is one of the country’s key foreign currency earners, with an annual export value of around 2 billion USD, accounting for 20% of Vietnam’s total seafood exports. The US remains one of the largest and most strategic markets for Vietnamese pangasius.
A Government Office notice on the Deputy PM’s conclusions at a recent meeting to review construction progress of the plants stressed that accelerating the development of power sources is essential and urgent to ensure energy security and meet the demands of two-digit socio-economic growth in the coming period.
It featured four discussions on key issues such as the Vietnam- Switzerland comprehensive partnership, Vietnam’s international financial centre, digital transformation and innovation, and global human resources and expansion of markets.
With rising protectionist policies for the steel industry, and the US imposing tariffs on steel exports, the sector has entered a challenging period. In response, many industry giants are returning to the domestic market.
As the most significant and high-profile event in the global logistics industry, FIATA World Congress 2025 is expected to gather over 1,200 delegates from more than 150 countries.
According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
Huynh Tan Khanh, Secretary of the Party Committee of Ganh Hao, noted that the town strictly follows anti-IUU fishing directives and has partnered with local agencies to organise six awareness campaigns attended by nearly 500 fishermen. Some 130 boat owners and captains have also signed commitments to follow legal requirements and avoid entering foreign waters.
ChatGPT is not yet a threat to the real estate market as it can handle information quickly and effectively, but it’s here to support, not replace, human advisors.
The signing ceremony between Jetstar Pacific and Vietinbank (Photo: vietinbank.vn)
