Vientiane. 11 July 2024. Vietjet and the Ministry of Public Works and Transport of Laos today announced a Memorandum of Understanding (MoU) to implement multiple aviation-related projects, including a plan to establish the airline’s Maintenance Repair Overhaul (MRO) facility in Laos. The announcement ceremony took place in Vientiane with the presence of Vietnamese President To Lam, President of Laos Thongloun Sisoulith, and high-ranking dignitaries of both countries.
Accordingly, Vietjet will collaborate with the Department of Civil Aviation of Laos to implement aviation-related projects and further expand air transport activities in Laos, which is expected to create up to 2,500 new jobs in the country’s aviation sector. The airline also plans to establish its own Maintenance Repair Overhaul (MRO) facility in Laos with Vietjet Aviation Academy to oversee the training of the new workforce in line with international aviation standards. In return, as the airline’s partner, the Department of Civil Aviation of Laos will provide administrative, legal, and facility support, and coordinate with other agencies to facilitate the projects.
Vietjet’s commitment to expanding air connectivity in Laos aims to offer affordable flight options and quality air services to Laotian and international tourists visiting the country. These initiatives are set to foster economic and social development, enhance trade and tourism connectivity, and promote cultural exchange among Laos and its regional neighbors.
The Ministry of Public Works and Transport of Laos highly appreciates the contributions and capabilities of Vietjet, an international airline with a rapidly growing flight network. The agreement announced today also aligns with the mutual goals and directions set by the governments of Vietnam and Laos in the Memorandum of Understanding on Strategic Cooperation in Transport from 2016 through 2025.
In 2023, Vietjet launched a state-of-the-art regional aircraft maintenance center in cooperation with Lao Airlines. Earlier this year, Vietjet inaugurated its first route between Vietnam and Laos, linking Ho Chi Minh City to Vientiane. The air service has offered more convenient travel choices to flyers between the two countries and facilitated further connections to Australia, India, South Korea, Japan, China, Indonesia, Thailand, Singapore, Malaysia, Kazakhstan, and beyond.
Vietnam currently stands as one of Laos’ largest investors and trading partners, with 255 active investment projects in Laos totaling US$5.5 billion. The projects focus on various industries including transport, tourism, science, and technology, promoting trade exchanges, sustainable development, and shared prosperity for Laos, Vietnam, and the region.
