Vietnam Airlines (HVN) soars in Q3, upholding its leadership in international skies

Vietnam Airlines (HVN) soars in Q3, upholding its leadership in international skies

Vietnam Airlines has reported a strong performance in the third quarter of 2025, marking a significant rebound and reinforcing its position as Việt Nam’s flagship carrier on the global stage.

In the first nine months of 2025, Vietnam Airlines also launched several new international routes to meet rising travel demand from both inbound and outbound passengers. Photo courtesy of the airline

According to its latest financial statement released on October 30, the national airline (stock code: HVN) achieved impressive growth across all key indicators, including passenger volume, revenue and profit, meeting and surpassing business targets for the quarter. The results reflect solid financial resilience and lay a foundation for the company’s development strategy over the next five years.

Despite continued global economic and geopolitical uncertainties, high fuel prices, volatile exchange rates and fierce market competition, Vietnam Airlines maintained strong momentum during the third quarter.

The airline transported 6.7 million passengers, up 11 per cent year-on-year, while total passenger traffic in the first nine months of 2025 reached 19.4 million, an increase of 12.3 per cent over the same period last year. Cargo and postal transport reached nearly 250,000 tonnes, equivalent to 111 per cent of the same period in 2024.

Across the market, international passenger numbers were estimated at 34.5 million (1.1 times higher than in 2024), while the domestic market reached 28.4 million passengers, up 7.2 per cent.

Although exchange rate fluctuations added nearly VNĐ700 billion to costs in the third quarter, strong growth in passenger and cargo volumes helped Vietnam Airlines achieve solid financial results.

Consolidated revenue in Q3 2025 reached VNĐ30.78 trillion, up 12.3 per cent year-on-year, while after-tax consolidated profit hit VNĐ732 billion. For the first nine months of the year, the airline recorded VNĐ90.18 trillion in consolidated revenue, up 4.6 per cent, and an after-tax profit exceeding VNĐ7.17 trillion, up 14.5 per cent compared with 2024.

In the first nine months of 2025, Vietnam Airlines also launched several new international routes to meet rising travel demand from both inbound and outbound passengers. These new services focus on potential long-term growth markets and serve as a key driver for the airline’s positive business results.

During the third quarter, Vietnam Airlines successfully issued 897,104,037 new shares, raising its charter capital to VNĐ8.97 trillion. As of September 30, both the parent company and the consolidated group reported positive equity, marking a significant turnaround from the previous negative balance.

The capital increase, coupled with strong financial performance, strengthens the airline’s ability to invest in fleet expansion, infrastructure and digital transformation in line with its 2026–2030 strategic roadmap.

Further cementing its regional standing, Vietnam Airlines was listed 86th among the Fortune Southeast Asia 500 for 2025, a testament to its strong financial capability and operational scale. 

Bizhub