The two sides signed a strategic cooperation agreement on October 21 to develop skilled personnel for the global aviation sector. The ceremony took place in the presence of Party General Secretary To Lam and senior government and business representatives during his official visit to Finland – the first by a Vietnamese Party leader in more than five decades of diplomatic relations between the two countries.

Photo: Vietjet

Under the agreement, Airways Aviation will collaborate with the Vietjet Aviation Academy (VJAA) to implement international-standard pilot training programmes in Europe. These will comply with regulations from the International Civil Aviation Organisation, the European Union Aviation Safety Agency, and the Civil Aviation Authority of Vietnam.

The specialised multi-crew pilot licence and commercial pilot licence courses aim to develop a new generation of pilots to support Vietjet’s global expansion and sustainable growth strategy.

Photo: Vietjet

Vietnam and Finland are committed to deepening cooperation in economic connectivity, science, technology, innovation, and human resource development. The collaboration between Vietjet and Airways Aviation will contribute to this new era of partnership, built on creativity, knowledge, and sustainable development.

Photo: Vietjet

Vietjet’s workforce currently exceeds 9,000 employees representing more than 60 countries and territories, supporting its extensive operations across both domestic and international markets.

As a global aviation group, Vietjet continues to expand its flight network, attract top-tier talent, and offer world-class services and products. The airline maintains a strong presence across the Asia-Pacific region and is preparing for further expansion into major markets in Europe and the Americas.

As an International Air Transport Association (IATA)-accredited training partner in Vietnam, VJAA has trained nearly 400,000 pilots, flight attendants, engineers, dispatchers, and aviation professionals, empowering the dream of conquering the skies and driving the industry’s sustainable growth.

Airways Aviation is a globally recognised flight training academy with a strong presence across Europe, the Middle East, Asia, and Australia, with over 45 years of experience.

Vietjet takes delivery of first Boeing 737-8 in $32bn order Vietjet has celebrated the delivery of its first Boeing 737-8 aircraft, marking a milestone in the airline’s landmark $32 billion order with the US manufacturer.

Vietjet inspires and empowers women to soar in aviation Vietjet demonstrated its unwavering commitment to sustainable development and gender equality at the 2025 Women in Aviation International-Singapore Chapter (WAI-SG) Gala Dinner held on October 16.

Vietnamese women taking flight in aviation industry Ahead of Vietnamese Women’s Day, the Civil Aviation Authority of Vietnam and Boeing co-hosted a seminar on sustainable human resource development in aviation, focusing on gender diversity and long-term workforce growth.

A robotic dog, equipped with advanced cameras and sensors, autonomously inspects railcars – streaming live data over private 5G for instant AI-driven defect detection. Complementing this, wayside automated visual inspection systems scan trains at full speed, analysing wheels, axles, and structural integrity in real time.

In today’s rapidly evolving landscape, governments and critical industries face growing demands for secure, reliable, and intelligent communications. Sectors like public safety, defence, utilities, rail, and digital airspace today need infrastructure that supports real-time video feeds, AI-enhanced analytics, and mobile collaboration without sacrificing reliability.

Governments and critical industry organisations are expected to further incorporate advanced technologies like AI, machine learning, and data analytics to improve predictive policing, resource allocation, and response times. Emerging tools such as drones and autonomous vehicles are anticipated to play increasingly significant roles in surveillance and emergency response efforts.

Rita Mokbel, president, Ericsson Vietnam

We envision a future where public sector organisations have access to standardised, broadband -based communications that are not only secure and interoperable, but also intelligent and responsive.

As governments and critical sectors accelerate their digital transformation, communications service providers (CSPs) are uniquely positioned to offer next-generation mission-critical communication services on top of 4G and 5G networks. Mission-critical networks are specifically designed to meet the stringent requirements of public safety, defence, utilities, rail, and digital airspace sectors where secure, reliable, and high-performance connectivity is essential.

These networks are built upon 3GPP standards and leverage leading 4G and 5G technologies to deliver broadband capabilities for mission-critical services such as push-to-talk, real-time video, and data for professional users whose work directly impact the safety, security, and operational efficiency of critical services and organisations. These can include first responders, defence personnel, railway staff, utility workers, and government officials. The networks provide reliability, availability, and security that standard commercial networks might not be able to offer.

Let me deep dive into the example of railways. We are entering the era of highly connected railways. From connected passengers to digitalised operations, the rail transport sector is exploring digitalisation to enhance user experience, increase efficiency in their day-to-day operations, and maintain network security.

The future of digital railway depends on reliable critical mobile broadband connectivity powered by innovative 5G network solutions for faster, safer, and greener travel.

3GPP is the modern standard for mission-critical mobile communications. 4G and 5G will enable a much broader ecosystem of communication devices and sensors to be utilised, and will therefore reduce total cost of ownership. The advantage of building an open framework is that it gives the urban metro and mainline rail operators the tools they need to keep trains competitive with other emerging forms of transportation, such as self-driving cars.

Upgrading to 5G mobile technology means that networks can handle large volumes of data with much faster response times. This change will bolster operations by allowing for network slicing on a single network, supporting various use cases, including the remote control of trains travelling at speeds of up to 500km/h.

As part of the service provider Swisscom’s initiative to unleash the next wave of 5G enterprise across Switzerland, Europe, and the world, Swisscom, Ericsson, and Swiss Federal Railways collaborated in multiple connectivity projects for railway track coverage, including to test and achieve world-first 5G throughput speeds of 1.2 Gbps and latency as low as eight milliseconds – on a moving train.

Stronger communications infrastructure means rail operators are equipped with a more capable set of eyes and ears, so passengers can travel safely and punctually, while operational efficiency is improved across the board.

Security video surveillance is vital for any rail operator’s security measures. With a suite of highly networked cameras located both in train stations and the trains themselves, rail operators can respond to potential threats and can gain greater insight into certain events with increased readiness and clarity.

As reliance on digital infrastructure grows, cybersecurity will become a paramount concern, necessitating robust measures to protect critical infrastructure like energy grids and communication networks, alongside ensuring the security of personal and sensitive data.

Ericsson’s mission-critical networks portfolio empowers CSPs to meet this demand by offering 3GPP-compliant 4G and 5G solutions that are scalable, interoperable, and tailored for the unique needs of such operations. CSPs can deliver resilient connectivity that enhances situational awareness, operational efficiency, and cross-agency collaboration, either through dedicated private networks or hybrid models leveraging existing infrastructure.

Whether it is enabling autonomous drones in emergency response, safeguarding national infrastructure with advanced cybersecurity, or supporting high-speed rail and smart power grids, Ericsson is helping governments and critical industries bring their digital ambitions to life.

According to its third-quarter financial report, Hang Xanh Automobile Service JSC (Haxaco, stock code: HAX) recorded revenue of approximately VND1.15 trillion ($46 million), a 25 per cent decrease compared to the same period last year. After expenses, the company reported a loss of nearly VND26 billion ($1 million), whereas in the third quarter last year it posted a profit of over VND90 billion ($3.6 million).

This is the company’s first reported loss in four years, a period previously described by leadership as unprecedented during the COVID-19 outbreak, which forced multiple branches to close for months.

Explaining the poor performance in the third quarter, Haxaco’s financial report cited continued weakness in the luxury car segment due to tightened consumer spending. Meanwhile, competitive pressure from other premium brands has increased, with rivals constantly launching new models accompanied by incentives and financial support. Discounts are no longer limited to luxury vehicles but have spread to mass-market segments as well. In addition, operating costs rose as the company is in the process of expanding its operations.

For the first nine months of 2025, Haxaco posted revenue of approximately VND3.14 trillion ($125 million), a 15 per cent drop on-year. Almost 90 per cent of its revenue came from car sales, with the rest from spare parts and repair services. During this period, the company made a profit of just VND1 billion ($40,000), a fraction of the VND 144 billion ($5.7 million) posted in the same period last year. This is far below the company’s pre-tax profit target of VND260 billion ($10 million) set at the beginning of the year.

As of the end of September, Haxaco’s total assets stood at over VND 2.36 trillion ($94 million), with liabilities exceeding VND1 trillion ($40 million).

According to Mirae Asset Vietnam Securities, Haxaco was the first official Mercedes-Benz distributor in Vietnam and held about 40 per cent of the brand’s market share as of mid-2025. In addition to Mercedes-Benz, the company also distributes MG vehicles (originally a British car brand, now owned by a Chinese company).

The securities company forecast that Haxaco’s revenue and post-tax profit this year will reach VND6.38 trillion ($255 million) and VND271 billion ($10.8 million), respectively, increases of 16 and 33 per cent on-year. However, Mercedes-Benz sales volume are likely to decline by 12 per cent, while MG sales will grow by 66 per cent.

Discount paradise for auto buyers As part of a new package to help the automobile market stay afloat after this year’s global woes, locally-manufactured vehicles will benefit from a massive cut in registration fees, but imported vehicles will not miss out in the price war as makers throw potential customers huge savings.

Mercedes-Benz Vietnam set to open a new showroom in OfficeHaus German luxury automotive brand Mercedes-Benz is set to open a new showroom in OfficeHaus in Ho Chi Minh City by the end of 2022.

Liberty Insurance Vietnam and Mercedes-Benz Vietnam sign insurance deal Liberty Insurance Vietnam and Mercedes-Benz Vietnam on March 11 signed an agreement regarding the Mercedes-Benz Car Insurance program to help customers access a comprehensive auto insurance solution.

German court rules against Mercedes in emissions case A German court ruled Thursday that auto giant Mercedes-Benz knowingly installed emissions-cheating devices in some diesel vehicles, opened the door for owners to seek compensation.