SINGAPORE, 20 April 2026: Vietjet has announced five new routes between Vietnam and China, alongside two major strategic agreements with SPDB Financial Leasing for the finance lease of 10 COMAC C909 aircraft and with AVIC Cabin Systems to develop aircraft interiors and aviation supporting industries.
The announcements were made during Vietnam’s General Secretary and President To Lam’s state visit to China, at the invitation of Chinese General Secretary and President Xi Jinping.
Expanding connectivity between Vietnam and China
At the Investment Cooperation Conference in Beijing, Vietjet unveiled five new routes: Hanoi–Hangzhou, Hanoi–Enshi, Hanoi–Huangshan, Ho Chi Minh City–Guilin, and Ho Chi Minh City–Huangshan.
The Hanoi–Enshi and Ho Chi Minh City–Guilin routes have been operating since early April. These additions further expand Vietjet’s growing international network, strengthening links among key economic, cultural, and tourism hubs and supporting the Vietnam–China Tourism Cooperation Year.
Over more than a decade, Vietjet has operated 131 routes between Vietnam and China, completing nearly 70,000 flights and carrying approximately 14.5 million passengers, connecting 55 Chinese cities with Vietnam’s major destinations.
Strengthening aviation finance and fleet
As part of its growth strategy, Vietjet has also signed an agreement with SPDB Financial Leasing (SPDBFL), a subsidiary of Shanghai Pudong Development Bank, to finance aircraft through operating leases on a larger scale, covering up to 10 COMAC C919 aircraft.
The agreement lays the groundwork for the introduction of COMAC aircraft on routes between Vietnam and China, supporting the airline’s continued network expansion. It will also enable the airline to expand and modernise its fleet through diversified financing structures, optimise operational efficiency, and strengthen access to international capital markets. This fleet growth is expected to support increased capacity across Vietjet’s broader international network, helping the airline sustain competitive fares and meet growing travel demand across the region.
AVIC Cabin Systems develop aircraft interiors
Complementing its network and fleet expansion, Vietjet has also entered into a comprehensive cooperation agreement with AVIC Cabin Systems to develop aircraft interiors and strengthen aviation supporting industries. Through collaboration with Jiatai, a member of AVIC Cabin Systems, the partnership will also promote localisation of the supply chain and facilitate technology transfer.
A broader range of cooperation initiatives was also announced across aviation finance, engineering, logistics, and supply chains, reflecting a growing trend of deeper, more integrated partnerships between airlines, financial institutions, and industrial players. These collaborations are helping unlock new investment opportunities, strengthen regional value chains, and support long-term, sustainable growth across the Asia-Pacific aviation ecosystem.
(Source: Vietjet)
