At the recent Singapore Airshow, Vietnamese low-cost airline Vietjet made headlines by signing a deal to purchase 20 A330neo widebody aircraft to replace its current fleet of leased A330-300s. This deal ranked among the largest announcements at the airshow and marked one of Vietjet’s most significant investments in widebody aircraft.
Vietnam has been making headlines lately, notably with the commencement of real estate mogul Truong My Lan’s trial on March 5. She stands accused of embezzling over US$12 billion ($15.9 billion) from Saigon Commercial Bank (SCB) between February 2018 and October 2022.
Lan is the chairwoman of the Van Thinh Phat Group (VTP), which owns prime properties in Ho Chi Minh City. Despite the high-profile trial, economic and business activities in Vietnam have continued without disruption.
