The Vietnam Air Services Company (Vietnamese: Công ty Bay Dịch vụ Hàng không, lit.
'Aviation Service Flying Company'), operating as its acronym VASCO, is an airline headquartered in Tân Bình district, Ho Chi Minh City, Vietnam.
[2] VASCO was established by government directive in 1987, and was originally a part of Vietnam Airlines, the national carrier.
[2] It began scheduled passenger flights independently of Vietnam Airlines in 2004,[3] and approval has been given for it to be partially privatized.
[4] It has been reported that Vietnam Airlines wishes to use VASCO as a basis for a low-cost carrier, established in conjunction with foreign partners.