page_title: Vietnam Airlines
section_title: Subsidiaries and affiliates
hierarchical_section_title: Vietnam Airlines / Corporate affairs and identity / Subsidiaries and affiliates
caption_attribution_description: A Vietnam Airlines Boeing 777-200ER being catered by Vietnam Air Caterer. The aeroplane has just arrived in Ho Chi Minh City (Saigon) from Hanoi.
context_page_description: Vietnam Airlines is the flag carrier of Vietnam. The airline was founded in 1956 and later established as a state-owned enterprise in April 1989. Vietnam Airlines is headquartered in Long Biên District, Hanoi, with hubs at Noi Bai International Airport and Tan Son Nhat International Airport. The airline flies to 64 destinations in 17 countries, excluding codeshared services.
  From its inception until the early 1990s, Vietnam Airlines was a minor carrier within the aviation industry as it was hampered by a variety of factors including the socio-economic and political situation of the country. With the government's normalization of relations with the United States, the airline was able to expand, improve its products and services, and modernize its ageing fleet. In 1996, the Vietnamese government brought together 20 service companies to form Vietnam Airlines Corporation, with the airline itself as the centrepiece. In 2010, the corporation was restructured into a limited liability company and renamed Vietnam Airlines Company Limited. A seven-seat management board, members of which are appointed by the Vietnamese Prime Minister, oversees the company.
context_section_description: Vietnam Airlines has at least 20 subsidiaries and affiliates. By the end of its restructuring in 2015, the company will have offloaded its stakes in more than 10 enterprises.
caption: A Vietnam Airlines Boeing 777-200ER being catered by Vietnam Air Caterers (since renamed Vietnam Airlines Caterers) at Tan Son Nhat International Airport
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