Purposes of operation:
- Serving national interests in development of domestic aviation: improving the image of Vietnam Airlines brand name; gradually increasing the number of aircraft owned by Vietnam and reducing the dependence on international aircraft market supply;
- Being a profitable organization, ensuring the interests of the shareholders;
- Following the international norms and standards; becoming an aircraft leasing company with prestige and brand name in the regional and international aviation market;
- Gradually expanding market to the countries in the region and all over the world;

Development orientations:
Period 2007 – 2014:
- Negotiating, signing Aircraft Purchasing Agreements and Aircraft Leasing Agreements with suppliers and domestic airlines (mainly VNA). In short term, the company shall focus on medium and long-haul aircraft in the Fleet Development Plan of VNA up to 2015 approved by the Prime Minister; implementing and following up payment and other terms in the Aircraft Purchasing Agreements.
- Seeking new aircraft leasing contracts; specifying the market demands to place more aircrafts purchasing orders.
- Investing, doing business in air taxi transportation; participating in the establishment of the newly established joint stock airline; establishing the Pilot Training Center in Vietnam.
- Investing in construction of technical infrastructure at airports; operating at passenger and cargo terminal complex, hangars and other supporting centers.
- Taking into account the fleet development plans of VNA, other domestic and regional airlines, expanding the aircraft purchasing and leasing activities considering company’s capacity while meeting the market demands.
- Financial investment activities.
- ĐHuman resource trainings to meet the requirements of the company’s business scopes.

Period after 2015:
- Enhancing business activities, improving financial capacity, marketing capacity and promoting the company to foreign community to improve the prestige of VALC on the international aviation market.
- Improving company’s fleet, owning modern aircraft with high competition capacity; making the income from aircraft leasing activity become major amongst business scopes of the company.
- Expanding business scopes to other specialized businesses in aviation field.