Who owns VASCO?
VASCO, a travel brand, is owned by Vietnam Airlines (Vietnam, HOSE: HVN).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Vietnam Airlines JSC Annual Report 2025. Last checked .
Key facts
- Current owner
- Vietnam Airlines JSC reported
- Owner HQ
- 🇻🇳 Vietnam, Hanoi
- Origin
- 🇻🇳 Vietnam
- Category
- Travel & transport › Airlines
- Parent ticker
- HOSE: HVN
- Last verified
- · 1 sources
About VASCO
Vietnam Air Services Company, known as VASCO, is listed in Vietnam Airlines JSC's 2025 annual report among its branches, as the Branch of Vietnam Airlines JSC - Vietnam Air Service Company. The report defines its parent company figures as including Vietnam Airlines and VASCO, and refers to flights and cargo operated by VASCO and its pilots, who are counted within the Vietnam Airlines total of 1,055 operational pilots.
Ownership timeline of VASCO
- Current owner Vietnam Airlines [1] reported
Where VASCO sits in Vietnam Airlines
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Vietnam Airlines ownership tree →
See the full Vietnam Airlines brand portfolio (3) →
Other brands owned by Vietnam Airlines
Vietnam Airlines controls 3 brands on Brandtree, 3 of them in travel & transport.
Also in travel & transport
Other brands in airlines, and who owns them
The 509 brands in airlines on Brandtree belong to 341 owners. The largest is Lufthansa Group, with 10; Vietnam Airlines has 3.
| Brand | Owner | Owner based in |
|---|---|---|
| Air Dolomiti | Lufthansa Group | 🇩🇪 Germany |
| China Southern Airlines | China Southern Airlines | 🇨🇳 China |
| Air China | Air China | 🇨🇳 China |
| Aer Lingus | IAG | 🇬🇧 United Kingdom |
| LATAM Airlines Brasil | LATAM | 🇨🇱 Chile |
| Air France | Air France-KLM | 🇫🇷 France |
| AirAsia | AirAsia X | 🇲🇾 Malaysia |
| Calm Air | Exchange Income | 🇨🇦 Canada |
About the owner: Vietnam Airlines
Vietnam Airlines is a publicly listed company headquartered in Hanoi, Vietnam. Brandtree records 3 brands under its control, and it is listed as HOSE: HVN.
Vietnam Airlines JSC is the Hanoi-headquartered national flag carrier group of Vietnam, listed on the Ho Chi Minh City Stock Exchange as HVN. Its 2025 annual report says the Ministry of Finance holds 39.29 per cent and the State Capital Investment Corporation (SCIC) 47.13 per cent of its shares, and ANA Holdings 5.62 per cent. It owns 98.84 per cent of Pacific Airlines and operates VASCO as a branch. Its 14 per cent holding in Air Cambodia is a minority investment, and Air Cambodia is not recorded as its brand.
Vietnam Airlines: full profile, brands and acquisition history →
🇻🇳 VASCO and other Vietnamese brands
Brandtree records a controlling owner for 55 brands that began in Vietnam. 12 of them (22%) are now controlled by a company headquartered in another country; VASCO is not one of them.
- Bamboo Airways — Bamboo Airways 🇻🇳
- Gemadept — Gemadept 🇻🇳
- Vietjet Air — Vietjet 🇻🇳
- Vietravel Airlines — Vietravel Airlines 🇻🇳
- 333 — ThaiBev 🇹🇭
- ARTA by PNJ — PNJ 🇻🇳
Frequently asked questions
Who is the parent company of VASCO?
The parent company of VASCO is Vietnam Airlines, a publicly listed company headquartered in Vietnam.
Is VASCO Vietnamese?
Yes. VASCO originated in Vietnam and its owner, Vietnam Airlines, is also headquartered in Vietnam.
Is VASCO still owned by Vietnam Airlines?
Yes. As of 4 October 2026, VASCO is still owned by Vietnam Airlines. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Vietnam Airlines JSC Annual Report 2025 — Vietnam Airlines JSC, Annual report; retrieved 4 October 2026.
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