Beijing : In a significant push to strengthen Vietnam–China economic engagement, Sovico Group convened an Investment Cooperation Conference in Beijing on the sidelines of the state visit of Vietnam’s General Secretary and President To Lam, at the invitation of Chinese President Xi Jinping.
The conference brought together nearly 200 Chinese enterprises, financial institutions, and strategic partners, along with representatives from Vietnam’s diplomatic missions, aviation bodies, and tourism stakeholders, underscoring growing bilateral momentum across trade, infrastructure, and connectivity.
Vietjet expands China footprint
At the conference, Vietjet announced the launch of five new routes linking Vietnam and China: Hanoi–Hangzhou, Hanoi–Enshi, Hanoi–Huangshan, Ho Chi Minh City–Guilin, and Ho Chi Minh City–Huangshan. Of these, the Hanoi–Enshi and Ho Chi Minh City–Guilin routes have already commenced operations in early April 2026.
The expansion is aligned with the Vietnam–China Tourism Cooperation Year and is expected to enhance passenger mobility, tourism flows, and cross-border trade linkages. Between 2014 and 2025, Vietjet operated 131 routes between the two countries, completing nearly 70,000 flights and transporting approximately 14.5 million passengers, connecting eight Vietnamese airports with 55 destinations across China.
Broad-based participation from Chinese corporates
The conference saw participation from leading Chinese institutions including China Construction Bank, Shanghai Pudong Development Bank, COMAC, and Huawei, alongside major infrastructure, metro, railway, and construction enterprises from key economic hubs such as Beijing, Shanghai, Guangzhou, and Shenzhen.
Multiple cooperation agreements were announced across strategic sectors, including:
- Urban rail transit and smart infrastructure
- Logistics and integrated supply chains
- Aviation finance, leasing, and engineering services
Sovico outlines next phase of growth
Nguyen Thi Phuong Thao, Chairwoman of Vietjet, highlighted the role of long-term partnerships in navigating global economic shifts. “Strategic collaborations between Vietjet, Sovico, and leading Chinese partners are creating new growth platforms for businesses and broader economic ecosystems,” she said.
Sovico Group, with over three decades of operations, has developed a diversified portfolio spanning banking and finance, aviation, energy, technology, and real estate. The group is also a founding member of the Vietnam International Financial Center (VIFC), contributing to policy development and capital mobilisation.
Looking ahead, Sovico identified key cooperation pillars with international partners:
- Infrastructure development and financial services
- Digital transformation and innovation ecosystems
- Aviation expansion and global supply chain integration
Recognition for aviation leadership
At the event, COMAC University conferred the title of Distinguished Professor on Nguyen Thi Phuong Thao, recognising her contributions to aviation research, industry development, and international collaboration.
Strengthening long-term bilateral alignment
The conference is being viewed as a strategic platform to deepen Vietnam–China economic integration, moving beyond traditional trade ties toward long-term collaboration in infrastructure, finance, and technology. Vietjet and Sovico reaffirmed their commitment to advancing regional connectivity, facilitating investment flows, and creating sustainable economic value across both markets.