Vietnam Airlines earned a pre-tax profit of VND370 billion ($22.8 million) in 2007, according to a company statement cited by press reports, a 6.4% improvement over the 2006 figure. Revenue climbed 15.5% to VND20.37 trillion as passenger numbers eclipsed 8 million and load factor rose 4.2 points year-over-year to 75.4%. International traffic comprised 40% of its operations. GD Pham Ngoc Minh told Agence France Presse that VN is targeting 14% revenue growth in 2008 and 9 million passengers.
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