Sovico is the co-founder of Vietjet Air, the first private airline in Vietnam. As the first entity operating in the privatization of Vietnam's aviation industry in Vietnam, Vietjet Air has captured the biggest local market share after five years of operations and continually expanded its international network. Vietjet’s arrival has transformed the Vietnamese aviation industry, helping to make local airports become crowded and provincial economies take off. As a result of Vietjet's activities and growth, Vietnam's transport and aviation industries are now being upgraded and modernised. There have also been changes in management, new projects in training, engineering and parts productions as well as improvements in policies and legislations. As a hugely popular brand, Vietjet is now a multinational airline powered by an expansive network and featuring a business model that offering various services in aviation, tourism and other consumer demands.