Hanoi, 6th December 2018 – At the Vietnam Travel and Tourism Summit 2018, AirAsia signed a Memorandum of Cooperation reaffirming its intention to set up a low-cost carrier in Vietnam with local partners.

It was signed by AirAsia Group CEO Tony Fernandes and Mr Tran Trong Kien, CEO of Thien Minh Travel Joint Stock Company (TMG) and General Director of Hai Au Aviation Joint Stock Company (HAA). The signing was witnessed by Vietnamese Deputy Prime Minister Vu Duc Dam and Vietnamese Deputy Minister of Culture, Sports and Tourism Le Quang Tung.

AirAsia Group CEO Tony Fernandes stated the memorandum reaffirms their commitment to establishing AirAsia in Vietnam, and the JV accelerates the expansion of AirAsia’s network to connect Vietnam to Asean and beyond.

TMG CEO and HAA General Director Tran Trong Kien added that with the addition of an experienced airline like AirAsia, Vietnam’s connectivity would improve and benefit the country’s growing tourism sector.

AirAsia, Vietnam’s largest foreign airline group, operates 141 return flights weekly on 13 routes, connecting Hanoi, Ho Chi Minh City, Da Nang, Nha Trang and Phu Quoc with Kuala Lumpur, Penang and Johor Bharu in Malaysia, Bangkok and Chiang Mai in Thailand and Manila in the Philippines.