CEO of VietJet Air

Nguyen Thi Phuong Thao

Viet Nam amongst top 10 markets for women business owners - Da Nang Today - News - eNewspaper

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Current Role

President & CEO, VietJet Air

Previous Position

Founder, Sovico Holdings

Key Recognition

Vietnam’s first self-made female billionaire | Forbes Asia 50 Power Businesswomen

Background and Early Foundations

Nguyen Thi Phuong Thao began studying economics in Moscow before returning to Vietnam to pursue banking and investment. With a keen sense for market gaps, she founded VietJet Air in 2007 with the goal of democratizing air travel in Vietnam and Southeast Asia.

Career Milestones and Impact

Year

Achievement

2011

Launched VietJet’s first commercial flight

2017

Listed VietJet on the Ho Chi Minh Stock Exchange

2023

Expanded international routes to India, Australia, and Japan

  • Fleet Size: Over 100 aircraft
  • Passengers Carried: 100+ million
  • Known For: Cost leadership, aggressive route expansion, and innovative marketing

Leadership Style and Influence

Thao is known for her bold and unorthodox strategies. She broke social and business norms by leading a budget airline in a male-dominated industry. Her leadership is pragmatic, data-driven, and focused on customer accessibility.

Legacy and Future Focus

Thao redefined air travel in Vietnam, turning VietJet into a household name. Her continued focus is on expanding access to aviation and developing regional aviation infrastructure.

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