Proposed Commercial Cooperation Between Singapore Airlines Limited And Vietnam Airlines JSC

Reference:

CCS  400/110/2026/001

Notifying Parties:

The parties to the agreement are

·   Singapore Airlines Limited (“SIA”); and

·   Vietnam Airlines JSC (“VN”)

(collectively, the “Parties”) 

Notifying Date:

12 February 2026

Summary of transaction:

Note: The summary information posted on this Public Register on the nature and objectives is provided by the Parties. CCS makes no representation as to the accuracy or veracity of the summary information posted. 

The proposed commercial cooperation (“Proposed Cooperation”) between the Parties will involve a joint venture arrangement on services between Singapore and Vietnam. Pursuant to the Proposed Cooperation, the Parties will cooperate on, among other things, scheduling, pricing, sales and marketing, and other commercial areas (including expanded codesharing cooperation and enhanced special prorate agreements), to bring about a metal-neutral alliance in respect of services between Singapore and Vietnam. 

Subject to applicable competition laws, the Proposed Cooperation is expected to result in significant consumer and economic benefits, and efficiencies, including, inter alia:

·   An enhanced air travel product for services between Singapore and Vietnam;

·   Expanded virtual networks of the airlines, thereby providing an increased number of service offerings to passengers;

·   More competitive fares through the reduction of double marginalisation and better fare combinability;

·   Scheduling benefits and time savings through reductions in transit time;

·   Significant benefits to corporate account customers;

·   Benefits for members of both airline’s frequent flyer programme (“FFP”), extending beyond Star Alliance FFP/ Skyteam FFP arrangements, and improving existing bilateral cooperation; and

·   Improved connectivity for both Singapore and Vietnam, with consequential benefits to both countries’ aviation industry and tourism. 

The Proposed Cooperation relates to the provision of international air passenger transport services. The scope of the Proposed Cooperation will include all services operated by the respective Parties between Singapore and Vietnam. The Parties submit that the relevant market should comprise direct air passenger services between Singapore and Vietnam, and in particular each origin and destination city pair of the overlapping direct routes, namely between: 

·   Singapore to Ho Chi Minh City (SIN-SGN vv); and

·   Singapore to Hanoi (SIN-HAN vv). 

For completeness, the Proposed Cooperation also extends to various overlapping indirect routes (i.e., where VN operates indirect services with one stop, and SIA operates direct services on its own or through its wholly-owned subsidiary, Scoot Pte. Ltd.): 

·   Singapore to Da Nang (SIN-DAD vv); 

·   Singapore to Nha Trang (SIN-CXR vv); and

·   Singapore to Phu Quoc (SIN-PQC vv). 

Consultation:

Interested parties are invited to submit their views on the Proposed Cooperation.  If the submission or correspondence contains confidential information, interested parties should also provide CCS with a non-confidential version of the submission or correspondence.
Comments should reach the CCS no later than 22 April 2026, 5 p.m.. 

Please send your comments (titled: Proposed Commercial Cooperation between Singapore Airlines Limited and Vietnam Airlines JSC) to: 

Post/Courier:

Competition and Consumer Commission of Singapore
10 Hoe Chiang Road
#08-08
Singapore 089315 

Attention: Vilasni Pandian, Senior Competition Analyst (Government Advocacy and Markets Division) 

Email: ccs_consultation@ccs.gov.sg 

Supporting Documents:

Interested third parties may request in writing to obtain more information on the Proposed Cooperation. 

Please write or email your submission (titled: Proposed Commercial Cooperation between Singapore Airlines Limited and Vietnam Airlines JSC) to the above contact details.