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Vietnam Airlines

₫20,550
+0.00% 2026-09-15 · Close
AI Composite Signal
9.5 / 10
Very Bullish — 5-signal composite
Mkt Cap
76.7T
₫76.7T
P/E
9.2
P/B
7.0
ROE
76.9%
ROA
10.9%
EPS
2.8K
Price Chart
What matters now

Vietnam Airlines (HVN) is a company in Vietnam's Travel & Leisure sector, listed on HOSE. The stock last traded at 20,550 VND, little changed on the session, giving a market capitalization of 76.7 trillion VND.

On valuation, HVN trades at a price-to-earnings ratio of 9.2 and a price-to-book of 7.0. That is a discount to the Travel & Leisure sector average P/E of 32.1. Return on equity of 76.9% points to strong profitability relative to the company's equity base, above the sector average of 18.4%. Trailing earnings per share stand at 2,775 VND.

Aveluro tracks 113 news items mentioning HVN, where recent coverage skews positive (53% of articles). The most recent catalyst was a strategic partnership event — "Vietnam Airlines (HVN) Signs Airbus MOU for 5 A350-900 Wide-Bodies". Aveluro's composite model rates HVN 9.5/10 (Very Bullish), blending news sentiment, price momentum, and fundamentals.

Comparable names in the Travel & Leisure sector include ATS, BLN and BSG.

Latest catalyst

Vietnam Airlines (HVN) Signs Airbus MOU for 5 A350-900 Wide-Bodies

Recent Developments

Recent developments around Vietnam Airlines include 5 notable classified events. On Sep 14, 2026, a market event was reported: Vietnam Airlines (HVN) signed an MOU with Airbus covering 5 A350-900 wide-body aircraft, with delivery slated for 2033-2034. On Sep 11, 2026, a market event was reported: Vietnam Airlines (HVN) signed an MOU with Airbus for A350-900 aircraft, while Vietjet Air (VJC) secured an A320/A330 maintenance, repair and technical support contract, part of a broader Vietnam-France cooperation package signed at the Élysée Palace on 10 September. On Sep 08, 2026, a market event was reported: Vietnam Airlines (HVN) remains under HOSE warning status as accumulated losses hit VND 23,148 billion at June 30, 2026, despite a positive H1 net profit of VND 3,852 billion (consolidated). On Sep 08, 2026, a market event was reported: Vietnam Airlines (HVN) stays on HoSE's warning list as accumulated losses reached VND 23.15 trillion at June 30, 2026, despite a positive H1 net profit of VND 3.85 trillion. On Sep 07, 2026, a market event was reported: Vietnam Airlines (HVN) and Vietjet Air (VJC) rescheduled and added flights between Vietnam and Jakarta on September 7 after Krakatau volcanic ash closed Soekarno-Hatta airport on September 6, affecting over 300 flights.

The overall tone of recent coverage is negative, with 3 of 5 events carrying bearish sentiment.

AI Signal Breakdown
Bearish Neutral Bullish
9.5 / 10
Very Bullish
Sentiment
+1.00
Impact
0.50
Momentum
-0.42
Fundamentals
+1.00
Volume
0.71
Sentiment 30% · Impact 20% · Momentum 20% · Fundamentals 15% · Volume 15%
News Sentiment
113
Articles Analyzed
Positive 60
Negative 31
Mixed 14
Neutral 8
Recent News
Sep 14, 2026 Full Analysis Positive strategic partnership
Vietnam Airlines (HVN) signed an MOU with Airbus covering 5 A350-900 wide-body aircraft, with delivery slated for 2033-2034. The deal, witnessed by Tô Lâm and Emmanuel Macron in Paris, extends a fleet relationship that already spans 80 Airbus jets but adds no near-term capacity.
Sep 11, 2026 Full Analysis Positive strategic partnership
Vietnam Airlines (HVN) signed an MOU with Airbus for A350-900 aircraft, while Vietjet Air (VJC) secured an A320/A330 maintenance, repair and technical support contract, part of a broader Vietnam-France cooperation package signed at the Élysée Palace on 10 September. Vietravel Airlines separately placed intent for 20 A220 and 30 A321neo jets.
Sep 08, 2026 Full Analysis Negative regulation change
Vietnam Airlines (HVN) remains under HOSE warning status as accumulated losses hit VND 23,148 billion at June 30, 2026, despite a positive H1 net profit of VND 3,852 billion (consolidated). The 50% year-on-year profit decline stems from a 55% surge in average fuel prices, underscoring the carrier's vulnerability to oil shocks.
Sep 08, 2026 Full Analysis Negative regulation change
Vietnam Airlines (HVN) stays on HoSE's warning list as accumulated losses reached VND 23.15 trillion at June 30, 2026, despite a positive H1 net profit of VND 3.85 trillion. The carrier's earnings fell 40-50% year-on-year due to a 55% surge in fuel costs, delaying any potential status upgrade.
Sep 07, 2026 Full Analysis Negative production disruption
Vietnam Airlines (HVN) and Vietjet Air (VJC) rescheduled and added flights between Vietnam and Jakarta on September 7 after Krakatau volcanic ash closed Soekarno-Hatta airport on September 6, affecting over 300 flights. The disruption is temporary, but highlights operational risks for carriers on the Indonesia route.
Aug 13, 2026 Full Analysis Neutral macro policy
KBSV identifies 13 companies in the state divestment pipeline under Decision 40, with notable planned reductions at BCM, BSR, and GAS, and full divestment for MSB, NTP, HND, QTP, VGC, PVI, and DMC. The market-wide impact is expected to be limited, but individual tickers may see volatility as ownership changes unfold.
Aug 12, 2026 Full Analysis Positive foreign flow
Mirae Asset estimates passive foreign inflows of VND 39,118 billion (USD 1.56 billion) into Vietnamese stocks following the FTSE Russell upgrade to Secondary Emerging Market in September 2026. VIC leads with USD 399 million, followed by VHM, LPB, VPB, and HPG, with allocations spread over four tranches through September 2027.
Aug 12, 2026 Full Analysis Positive foreign flow
FTSE Russell's upgrade of Vietnam to secondary emerging market status in September 2026 is set to channel approximately $1.56 billion in passive inflows into 35 eligible Vietnamese stocks, with VIC receiving the largest share at $399 million. The phased allocation runs from September 2026 to September 2027, providing a clear timeline for foreign capital deployment.
Aug 11, 2026 Full Analysis Negative production disruption
Vietjet (VJC) and Vietnam Airlines (HVN) faced operational disruptions on August 11 as drone sightings near Tan Son Nhat airport triggered two temporary suspensions of takeoffs and landings, affecting multiple flights. The incidents highlight ongoing airspace security risks that can impact airline schedules and costs.
Aug 10, 2026 Full Analysis Positive sector sentiment
Vietnam's international airfares to Singapore and Bangkok have halved year-on-year, driven by a 10% capacity increase and government fuel tax cuts. Vietnam Airlines (HVN) and Vietjet (VJC) are absorbing the margin squeeze as competition intensifies, with HVN closing at 23,800 and VJC at 125,500 on August 10.
Aug 10, 2026 Full Analysis Positive sector sentiment
Vietnam Airlines (HVN) now leads Southeast Asia in seat capacity with 2.81 million seats in July 2026, as Vietnam overtakes Thailand to become the region's second-largest aviation market with 7.4 million seats. The shift reflects Vietnam's resilience amid regional capacity declines driven by Middle East fuel costs.
Aug 07, 2026 Full Analysis Negative regulation change
HOSE has expanded its margin-ineligible list to 57 securities, including Vietnam Airlines (HVN), Duc Giang Chemicals (DGC), and newly listed DMX. Investors cannot use leverage to buy these shares, potentially reducing liquidity and adding selling pressure in the short term.
Aug 06, 2026 Full Analysis Negative regulation change
HOSE removed margin trading eligibility for 56 stocks as of August 5, 2026, including APG, DGC, HVN, and LDG. Most are under warning, control, restriction, or suspension; others have been listed less than six months or reported losses.
Aug 06, 2026 Full Analysis Positive sector sentiment
Vietnam overtook Thailand to become Southeast Asia's second-largest aviation market in July, with 7.4 million seats, up 5.6% year-on-year. Vietnam Airlines (HVN) and Vietjet (VJC) lead regional capacity, though HVN's growth was modest at 0.2%.
Related Stocks — Travel & Leisure
Stock Analysis

By Aveluro Research Team · Editorial policy · Caveat: Not investment advice. · How Aveluro computed this

Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.

Last updated: 2026-09-15T16:23:20Z.