Vietnam Airlines and ANA Mark 10 Years of Partnership, Move Toward Joint Venture

Vietnam Airlines and All Nippon Airways (ANA) have agreed to pursue a joint venture, taking their partnership to a higher level of strategic cooperation. The framework agreement was exchanged in Tokyo.

High-Level Recognition
- The signing took place in the presence of General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam.
- The agreement highlights the importance of Vietnam-Japan economic, tourism, and cultural ties.

A Decade of Partnership
- ANA Holdings became a strategic shareholder in Vietnam Airlines in 2016.
- Over the past 10 years, the airlines have collaborated through:
- Codeshare flights
- Reciprocal frequent flyer benefits
- Enhanced airport services

Benefits of the Joint Venture
- Enables closer commercial cooperation between the two airlines.
- Aims to strengthen competitiveness and expand travel options.
- Expected to enhance the overall passenger experience between Vietnam and Japan.

Key Executive Comments
- Le Hong Ha, President & CEO, Vietnam Airlines
- Reaffirmed commitment to advancing the joint venture with ANA.
- Said the partnership supports the airline's long-term growth strategy.
- Highlighted its role in strengthening economic and tourism links between Vietnam and Japan.

Juichi Hirasawa, President & CEO, ANA
- Described the agreement as a major milestone in the decade-long partnership.
- Emphasized the mutual trust built between the two airlines.
- Said the joint venture will deliver higher-quality and higher-value travel experiences.

Next Steps
- The joint venture remains subject to regulatory approvals in both Vietnam and Japan.
- Required approvals include antitrust immunity.
- Both airlines will work closely with authorities to secure necessary clearances.