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About Mrs Nguyen Thi Phuong Thao & Vietjet Air timeline

Just a simple timeline of Mrs. Nguyen Thi Phuong Thao who is Chairperson of Sovico Holdings, President and CEO of Vietjet, as well as Standing Vice Chairperson of HDBank.

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Mrs. Nguyen Thi Phuong Thao was born in 1970

Mrs. Nguyen Thi Phuong Thao was born in 1970 in a family of Hanoi origin

First $1 million earned.

According to Bloomberg News, Nguyen Thi Phuong Thao earned her first $1 million when she was only 21 years old, by selling fax machines and rubber plastic.

Founded Vietjet Air

Her airline, Vietjet Air founded in 2007, is an international low-cost airline from Vietnam and now it become bigger than flag carrier Vietnam Airlines as measured by passengers carried.

Vietjet Air's first domestic launched in 2011

The airline's maiden flight was eventually launched on 25 December 2011, flying from Ho Chi Minh City to Hanoi.

First International flight launched in 2013

The airline launched its first international flight between Ho Chi Minh City and Bangkok, becoming the first Vietnamese private airline to enter the international market.

Recognized as the first female billionaire in Vietnam

On 28 February 2017, Vietjet completed its public listing and officially became a fully listed entity on the Ho Chi Minh City Stock Exchange (HOSE), making it the first airline in Vietnam to be listed on the bourse.


The airline's market capitalization stood at $1.2 billion, accounting for 1.5 percent of HOSE's capitalization as of 15 February 2017.


In the same year, Mrs. Phuong Thao is recognized as the first female billionaire in Vietnam and Southeast Asia by the Forbes magazine.

Donated £155 million to Linacre College of the University.

In 2021, Ms. Thao, on behalf of SOVICO group, signed a memorandum of understanding agreeing to donate £155 million to Linacre College of the University of Oxford system. In response, the school applied to the Privy Institute to change its name to Thao College.