VietJet
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In November 2007, the Vietnamese Minister of Finance issued a license to VietJet Airlines, making it the first privately owned, modern airline in Vietnam. The Vietnam Airlines was established in December 2011 and is the country's second privately owned and fifth domestic civil airline. VietJet Air is a joint venture between Sovico Holdings and HDBank, as well as other institutional investors and stakeholders. The first flight took place on December 25, 2011, and connected Ho Chi Minh City with Hanoi. In December of 2015, the 25 millionth passenger was on board.
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