National flag-carrier Vietnam Airlines on April 23 signed a Memorandum of Understanding (MoU) with State-owned commercial bank Vietcombank to purchase 50 narrow-body aircraft. 

Under the MoU, Vietcombank will arrange finance for Vietnam Airlines for prepayments and long-term loans during the 2026-2032 period.

The agreement is part of Vietnam Airlines fleet building strategy over the next decade with the aim of significantly bolstering its operational capabilities for 2040.

Vietcombank’s investment will allow the airline to expand its short and medium-haul network domestically and regionally (in Southeast and Northeast Asia). 

The cooperation is expected to contribute to promoting transport infrastructure development and enhancing Vietnam’s connection with the region and the world.