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Vietstar Airlines

Vietnamese charter and aviation-services company offering private-jet flights, air ambulance services, engineering, and airport ground handling.

Last updated August 25, 2026

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Overview

Vietstar Airlines is the operating brand of Vietstar Airlines Multirole Corporation, a Vietnamese aviation company headquartered in Ho Chi Minh City. The company is associated with Vietnam’s defence-linked aviation sector and has been described as a wholly state-owned corporation operating as a unit of the Vietnamese Ministry of Defence, with participation from aviation-related enterprises including the A41 Factory, an organization associated with the Vietnam People's Air Force. It is therefore distinct from Vietnam’s large scheduled passenger carriers: Vietstar’s publicly described business has centered on charter and specialized aviation services rather than a broad scheduled network. The enterprise was founded on 27 April 2010 and subsequently sought approval from the Vietnamese Prime Minister. Its air operator certificate was granted on 23 July 2019, enabling the company to move from corporate formation and regulatory preparation into commercial aviation activity. Operations began in January 2020 with leased Embraer Legacy 600 and Beechcraft King Air B300 aircraft. The initial operating model used these aircraft for charter and specialized missions rather than high-volume airline service. Vietstar specializes in private-jet charter for business and leisure travelers and in air ambulance operations. These services are marketed under the Fly VIP Air trademark. The combination of executive charter, medical transport, and aviation support services gives the company a niche position within Vietnam’s aviation market, serving customers who require aircraft flexibility, privacy, or specialized handling rather than standard scheduled tickets. The available reference material does not establish a large international route network, a regular scheduled passenger timetable, or a substantial fleet beyond the aircraft used at the start of operations. In addition to flight operations, Vietstar provides aircraft engineering and ground-handling services at multiple Vietnamese airports. These activities broaden the company beyond a passenger-airline identity and connect it to the technical and operational infrastructure required by airports and aircraft operators. Its corporate name, which incorporates the concept of a multirole aviation company, reflects this broader scope. Publicly documented information about Vietstar Airlines remains limited. The available sources identify its legal and operating identity, ownership context, certification timeline, initial aircraft, service categories, and headquarters, but do not provide enough verified information to describe later fleet changes, financial performance, route expansion, current executive succession, or a detailed marketing history. Vietstar is best characterized as a Vietnam-based, defence-linked aviation services company whose airline brand supports charter, private aviation, medical evacuation, engineering, and ground operations.

History

Vietstar Airlines was founded in Vietnam on 27 April 2010 as Vietstar Airlines Multirole Corporation. The company was created within a defence-linked and aviation-related corporate environment and later became associated with the Vietnamese Ministry of Defence. Its stated corporate scope was broader than conventional passenger-airline activity, covering aviation operations as well as technical and airport-support functions. Following its establishment, Vietstar submitted a request for approval to the Vietnamese Prime Minister. The company spent the subsequent years developing its operating structure and securing the permissions required to conduct commercial aviation. Its air operator certificate was issued on 23 July 2019. This certification was a key regulatory milestone because it authorized the carrier to begin operating aircraft commercially under the Vietstar Airlines name. At the time of the certification, Phạm Trịnh Phương was identified as the company's chairman and chief executive officer. The enterprise was established with reported charter capital of VND800 billion. Public descriptions also connected it with the A41 Factory, an organization associated with the Vietnam People's Air Force, and characterized the company as a government-owned corporation under the Ministry of Defence. These affiliations distinguish Vietstar from privately controlled Vietnamese airline brands and help explain its multirole aviation-services orientation. Commercial operations began in January 2020. The initial aircraft were a leased Embraer Legacy 600 and a Beechcraft King Air B300. Rather than launching a large scheduled passenger network, Vietstar concentrated on charter and specialized aviation. Its private-aircraft offering, marketed through the Fly VIP Air trademark, was aimed at business and leisure users seeking flexible or exclusive transportation. The company also identified air ambulance activity as part of its service portfolio, placing it in the specialized medical-aviation segment. Vietstar’s activities extend beyond flying passengers. The company provides aircraft engineering and ground-handling services at a number of Vietnamese airports. Engineering supports aircraft maintenance and operational readiness, while ground handling covers airport-side services needed to process aircraft and flights. This combination allows Vietstar to participate in several parts of the aviation value chain and is consistent with its multirole corporate identity. The publicly available record is limited after the beginning of operations. The cited reference material does not establish a complete current fleet, a detailed list of destinations, later leadership changes, financial results, or the scale of its present-day activity. Accordingly, Vietstar Airlines is documented most reliably as a Vietnamese charter and aviation-services company that obtained certification in 2019 and began operations in early 2020 with a small initial fleet, while also offering private charter, air ambulance, engineering, and ground-handling services.

  • 2020

    Commercial operations begin

    [1]

    The airline began operating in January 2020 with leased Embraer Legacy 600 and Beechcraft King Air B300 aircraft.

  • 2019

    Air operator certificate granted

    [1]

    Vietnamese authorities granted Vietstar Airlines its air operator certificate on 23 July 2019.

  • 2010

    Company founded

    [1]

    Vietstar Airlines Multirole Corporation was founded on 27 April 2010 in Vietnam.

Products and positioning

A specialized Vietnamese aviation-services provider focused on private and charter flying, medical aviation, and supporting technical and ground operations rather than mass-market scheduled passenger travel.

  • Private aviation

    Fly VIP Air private-jet charter

    Vietstar’s private-jet charter activity is marketed under the Fly VIP Air trademark. The service is intended for business and leisure travelers who need private, flexible, or customized air transportation rather than conventional scheduled airline tickets. The available source identifies the service category but does not provide a verified current aircraft list, fare structure, or route catalogue.

  • Medical aviation

    Air ambulance services

    Vietstar identifies air ambulance operations as one of its specialized aviation services. Such operations support medical transport and time-sensitive patient movement, using aviation capabilities distinct from ordinary passenger travel. Publicly available material does not specify the medical partners, aircraft configuration, or geographic coverage of the offering.

  • Aviation technical services

    Aircraft engineering

    The company provides engineering services connected with aircraft operations. This broadens Vietstar’s role beyond charter flying and places it within the technical-support side of the aviation industry. The cited source does not detail the exact maintenance approvals, aircraft types, or engineering facilities involved.

  • Airport services

    Airport ground handling

    Vietstar provides ground-handling services at multiple Vietnamese airports. These services support aircraft and flight processing on the ground and may be supplied alongside the company’s own aviation activity or to other operators. The available reference does not enumerate the airports or the precise service packages.

Brand decisions

  • 2019

    Adopt a specialized multirole aviation modelStrategy

    Background

    Vietstar developed as more than a conventional scheduled passenger carrier, combining charter aviation with private-jet, medical, engineering, and ground-support activities.

    Action taken

    The company obtained its air operator certificate and prepared to operate a small initial fleet while maintaining a broader aviation-services portfolio.

    Aftermath

    Operations began in early 2020 with an Embraer Legacy 600 and a Beechcraft King Air B300. The available source does not document subsequent fleet or network expansion.

Sources1 sources

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