ANA and Vietnam Airlines sign agreement to form a joint venture, subject to antitrust approval

All Nippon Airways (ANA) and Vietnam Airlines signed an agreement in Tokyo on 9 November 2026 to form a joint venture between the two carriers, ANA HOLDINGS announced. The signing took place in the presence of To Lam, General Secretary of the Central Committee of the Communist Party of Vietnam and State President.

The joint venture is intended to build on the airlines' existing codeshare flights and mileage partnership, with the aim of offering customers more benefits and a more seamless travel experience between Japan and Vietnam. It can only go ahead once the necessary approvals, including antitrust immunity, have been granted by the authorities in both countries, and the two companies said they were preparing to obtain them.

The agreement marks ten years of partnership. In 2016 ANA HOLDINGS entered a capital and business alliance with Vietnam Airlines and became a strategic shareholder, and since then the airlines have cooperated on codeshare operations, mutual use of their mileage programmes and airport services. ANA president Juichi Hirasawa spoke of deepening the strategic cooperation, while Vietnam Airlines president and chief executive Le Hong Ha described the partnership as an important step in the airline's long-term growth strategy.

The announcement does not set out the scope of the joint venture, which routes it would cover, any changes to schedules or a timetable for the regulatory decisions. For passengers, current codeshare and mileage arrangements continue unchanged until any approval is granted.