Madam Nguyen Thi Phuong Thao becomes Chairwoman of the Board of Directors, Vietjet has new CEO

(Ho Chi Minh City, April 06, 2023) - Vietjet Aviation Joint Stock Company (HOSE: VJC) has just announced the information of appointment of senior leaders. 

Accordingly, from April 6th, 2023, Madam Nguyen Thi Phuong Thao has become Chairwoman of the Board of Directors of the Company, being Madam Nguyen Thanh Ha’s successor; Managing Director Dinh Viet Phuong is appointed as new Chief Executive Officer (CEO). 

Vietjet announces the appointment of Chairwoman of the Board of Directors & CEO

The decision announcement ceremony has been held at the Vietjet’s Implementing 2023 Plan at Ho Chi Minh City.

The appointments are parts of the Company’s development plan, marking the growth of the senior leaders at Vietjet to continue to expand and develop strongly in the future. 

Madam Nguyen Thi Phương Thao is the founder of Vietjet with the desire to make the flying dreams of people in both domestic and international come true. The businesswoman, the first self – made female billionaire in Vietnam and Southeast Asia has held the position of Vice Chairwoman of the Board of Directors cum President & CEO of Vietjet for many years, she together with the former Chairwoman Nguyen Thanh Ha has marked their bold impressions with Vietjet to bring the revolutionary changes in the aviation industry.  

The new Chairwoman of the Board of Directors Nguyen Thi Phuong Thao (far right) and new CEO of Vietjet Dinh Viet Phuong (far left)

Mr. Dinh Viet Phuong has also worked at Vietjet since its’ establishment and assumed the position of Permanent Vice President cum Managing Director of Vietjet since October 2020. During the aviation industry facing challenges and difficulties due to the Covid-19 pandemic, Mr. Phuong has made important contributions to help Vietjet overcome the pandemic and recover strongly after all. Mr. Phuong has been the leader at many large enterprises. He has an Engineering Degree from Vietnam Maritime University, a Master of Business Administration from CFVG (France) and a PhD. from the Moscow National Academy of Transport.

Vietjet’s new CEO Dinh Viet Phuong

In 2022, Vietjet transported 20.5 million passengers on 116,000 flights, a 20% increase in domestic passengers compared to the same period in 2019. The total assets also increased by 30% to more than VND 67,000 billion with the long-term debt-to-equity and liquidity ratios stayed at 0.7 and 1.3 respectively, which were considered as good indicators in the aviation industry. The airline has paid a total of VND 4,349 billion of direct and indirect taxes, fees and charges in 2022. This year has been expected to be a year of strong growth in international air transport which offering opportunites to the airlines with good financial and operational capacity as Vietjet. 

The appointments of experienced and enthusiastic leaders promise to bring Vietjet into the new stage of growth and development, contributing more and more to the innovation of the aviation and promoting the economic development of Vietnam and international.