Vietjet partners with Petrolimex to use SAF
The signing ceremony of the cooperation agreement between Vietjet and Petrolimex Aviation took place today in Ho Chi Minh City, attended by the Director General of the Vietnam Civil Aviation Authority, Uong Viet Dung; Chairman of Petrolimex, Phạm Văn Thanh; CEO of Petrolimex Aviation, Nguyen Van Hoc; Vietjet CEO Dinh Viet Phuong; Vietjet Standing Vice President To Viet Thang; and Vietjet Vice President CFO Ho Ngoc Yen Phuong, along with partners and guests.
For the first time in Vietnam, Petrolimex Aviation has blended and provided the first 1,200 m³ of sustainable aviation fuel (SAF) for Vietjet flights, marking an important milestone in the production and use of SAF in Vietnam. Petrolimex Aviation also provided the proof of sustainability (PoS) in accordance with the ISCC EU standard, ensuring the fuel meets stringent international sustainability and carbon dioxide (CO₂) emissions reduction standards.
Uong Viet Dung - Director General of the Vietnam Civil Aviation Authority remarked: “The launch of SAF is not only commercially significant but also strategically important, laying the foundation for a sustainable domestic SAF supply chain, meeting international market requirements, and encouraging cooperation among airlines, fuel suppliers, regulatory agencies, and financial institutions to expand SAF usage in Vietnam.”
Speaking at the event, Phạm Văn Thanh, a member of the Party Central Committee, Secretary of the Party Committee, and Chairman of Petrolimex, stated: “Petrolimex has proactively invested in research and mastered the technology to blend SAF at the Nha Be Oil Depot. We are also the first company in Vietnam to import SBC – hydrocarbons synthesized from biologically renewable materials for SAF production. This success demonstrates the Group’s strong commitment to the green transition, supporting the government, airlines, and society at large in driving sustainable development.”
Vietjet Standing Vice President To Viet Thang said: “Today's agreement between Vietjet and Petrolimex Aviation underscores our commitment to green and sustainable development goals. With a total of 576 modern aircraft on order, Vietjet’s green fleet using SAF will contribute significantly to reducing emissions, protecting the environment, pioneering the use of clean fuel, and advancing our nation’s aspirations for growth in the global integration era.”
On October 17, 2024, Vietjet partnered with Petrolimex Aviation to conduct the first two flights being fueled SAF in Vietnam. Produced from renewable and sustainable sources such as used cooking oil, agricultural by-products, wood biomass, and urban waste, SAF can help reduce carbon emissions by up to 80% compared to traditional fuels. It meets stringent international aviation standards and is safe for commercial operations.
As the first airline to publish an ESG sustainability report in Vietnam, Vietjet is a pioneer in the green transition. Vietjet will continue to promote SAF usage and contribute to the success of the National Green Growth Strategy, aiming for net-zero emissions by 2050 and supporting Vietnamese sustainable development in the new era of growth.
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