What smart money is saying about Vietnam Airlines
1 fund in our archive has pitched Vietnam Airlines, most recently PYN Elite Erikoissijoitusrahasto in September 2026.
Vietnam Airlines JSC provides air transport services in Vietnam and internationally. The company engages in the transportation of passengers, cargo, luggage, parcels, postal items, and mail. It is also involved in the maintenance and repair of aircraft, engines, and spare parts. In addition, the company provides airline fuel supply and catering, ground, technical, commercial, forwarding, logistics, warehousing, support, IT and telecommunications, labor supply services, aviation transportation, and pilot training services, as well as distribution of the sabre system and call system. Vietnam Airlines JSC was founded in 1956 and is based in Hanoi, Vietnam.
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Position history
Every position in Vietnam Airlines on record in the archive was reported in Q3 2026, across 1 fund letter, with no move described.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 0 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 1 position
- HoldsPYN Elite ErikoissijoitusrahastoSeptember 2026
“HVN: Vietnam Airlines. Our fund is not in eternal love towards airline stocks, but we do invest in them when we believe they can deliver strong returns within a reasonable timeframe. We once made a lot of money in less than a year on Thai Airways when our timing was spot on. We took a position in Vietnam Airlines two years ago when we spotted undervaluation and a major earnings turnaround.”
Vietnam Airlines
Fund coverage · 1 thesis
- PYN Elite ErikoissijoitusrahastoSeptember 2026
Vietnam Airlines was bought for undervaluation and a major earnings turnaround, with hidden assets on the balance sheet and good operating profitability in 2024 and 2025 before the Iran war doubled fuel costs.
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