Vietjet and SPDB Financial Leasing sign agreement for finance lease of 10 COMAC aircraft

Beijing, April 16, 2026 – Vietjet and SPDB Financial Leasing (SPDBFL), a subsidiary of Shanghai Pudong Development Bank, have exchanged an agreement for the finance lease of 10 COMAC C909 aircraft, expanding financial and aviation cooperation between Vietnam and China.

The event took place at the Embassy of Vietnam in Beijing, in the presence of Vietnam’s Deputy Prime Minister Phan Van Giang, along with senior government officials and representatives of leading enterprises from both countries. The event was held during the state visit of Vietnam’s General Secretary and President To Lam to China, at the invitation of China’s General Secretary and President Xi Jinping.

Vietjet and SPDB Financial Leasing exchange an agreement for the finance lease of Comac aircraft

Driven by its vision to become a multinational aviation group, Vietjet is expanding its international flight network and investing in a modern fleet. Supporting this strategy, SPDB - one of China’s leading financial institutions - brings strong financial capacity and extensive experience in financing large-scale projects. Through SPDBFL, the bank plays an important role in structuring aircraft leasing and financing solutions, helping airlines optimize capital and execute long-term growth strategies.

The two parties agreed to finance aircraft through operating leases, with a larger scale and deeper level of cooperation, covering up to 10 COMAC C909 aircraft. This step contributes to optimizing the operational efficiency of Vietjet’s fleet, while diversifying financial resources and enhancing access to international capital markets.

Vietjet announce five new routes to China

The agreement also lays the foundation for Vietjet to gradually introduce COMAC aircraft into operations on routes connecting Vietnam and China, thereby expanding the regional network and promoting bilateral air connectivity. At the same time, the cooperation contributes to strengthening regional and global aviation value chain linkages.

During Vietnam’s General Secretary and President To Lam’s visit, Vietjet also announced five new routes between Vietnam and China, including: Hanoi–Hangzhou, Hanoi–Enshi, Hanoi–Huangshan, Ho Chi Minh City–Guilin, and Ho Chi Minh City–Huangshan. Among these, the Hanoi–Enshi and Ho Chi Minh City–Guilin routes have been in operation since early April 2026. The new services connect key economic, cultural, and tourism centers, promoting trade, investment, and people-to-people exchanges between the two countries, while supporting the Vietnam–China Tourism Cooperation Year.

Vietjet announce five new routes to China

Cooperation between Vietnamese and Chinese enterprises reflects a growing trend of deeper linkages between financial institutions and airlines. These partnerships are fostering more flexible and effective cooperation models, contributing positively to the continued development of the Vietnam–China Comprehensive Strategic Cooperative Partnership in a new phase of growth.