EPISODE · May 9, 2014 · 6 MIN
Vietjet Air's Quick Expansion and Marketing Strategies Leading to Competitor Expansion
from Euromonitor Podcasts · host Euromonitor International
Despite being a relatively new airline, Vietjet Air has rapidly expanded its presence in Vietnam since its founding in 2007. The low-cost carrier recently opened its second international route from Ho Chi Minh City to Singapore in May of 2014. This rapid expansion is partly due to Vietjet's bombastic advertising and marketing activities. For instance, a parade of flight attendants and pilots rode horses through the streets of Da Lat to announce Vietjet's route from Ho Chi Minh City to Da Lat. Also, many consumers choose Vietjet to fly domestic as the rates are often cheaper than major international airlines. The success of Vietjet is shaking up competition in Vietnam, and major players have responded by expanding their fleet numbers and routes.Lots of brands claim to be number one… but can they prove it?At Euromonitor International, we help brands build trust through evidence-based research. Our claim validation service ensures your marketing messages are backed by real data. Stand out in a crowded market. Visit euromonitor.com/claims to learn more.
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Despite being a relatively new airline, Vietjet Air has rapidly expanded its presence in Vietnam since its founding in 2007. The low-cost carrier recently opened its second international route from Ho Chi Minh City to Singapore in May of 2014. This rapid expansion is partly due to Vietjet's bombastic advertising and marketing activities. For instance, a parade of flight attendants and pilots rode horses through the streets of Da Lat to announce Vietjet's route from Ho Chi Minh City to Da Lat....
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Vietjet Air's Quick Expansion and Marketing Strategies Leading to Competitor Expansion
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