Vu officially assumed the role of vice chairman on Saturday, according to a statement by FLC. He will oversee the group’s aviation business and airport infrastructure investment activities.
In his new role, Vu will work with FLC’s board of directors and executive management to formulate strategic plans, expand the group’s international partnership network, and connect with investment resources.
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Michael Vu (L) stands next to FLC chairman Trinh Van Quyet in a meeting in February 2026. Photo courtesy of FLC |
The newly appointed vice chairman has more than 40 years of experience in the aviation industry. He graduated from the Wharton School at the University of Pennsylvania in the U.S. Apart from post as Boeing Vietnam, Vu has also held several other prominent positions, including chairman of the U.S.-ASEAN Business Council, co-chair of the Vietnam Business Forum, chairman of AmCham Hanoi, and leadership roles at several multinational corporations.
An FLC representative said the appointment of Vu is part of the group’s strategy to attract executives with strong management capabilities and international experience. The move is intended to strengthen the company’s leadership capacity and lay the foundation for its long-term development goals.
FLC’s decision to appoint a senior executive in charge of aviation comes as Bamboo Airways has recently experienced significant operational disruptions, including a sharp reduction in its fleet size and persistent flight delays and cancellations.
On July 28, the airline issued an apology to passengers for repeatedly adjusting and canceling flights. It also launched a dedicated portal to process refund requests. Currently, most flights displayed on the airline’s booking website show a “no flights available” status beginning next month.
FLC regained control of Bamboo Airways in September 2025 after selling it to a group of private investors. The airline subsequently added aircraft, increasing its fleet to eight planes during the first quarter of this year.