Japan’s ANA Holdings will buy 8.771 percent of Vietnam Airlines’ stake worth 109 million USD, becoming the national flag carrier’s strategic shareholder under a strategic cooperation deal signed in Tokyo on May 28.

At the signing ceremony.

From June 30, Vietnam Airlines and ANA Holdings will launch 30 domestic and 10 international code-share routes.

Frequent passengers are able to accumulate mileages for rewards on code-share flights.

Both sides will also cooperate in check-in procedures, cargo, transport and dining services, aircraft maintenance and other ground services in Vietnam’s and Japan’s airports.

ANA and its affiliates committed to providing Vietnam Airlines with technical assistance in workforce governance, strategic planning, information technology and training.

As Japan’s largest carrier in terms of revenue and passengers, ANA Holdings is the parent company of All Nippon Airways and low-cost airline Vanilla Air. It owns a fleet of 240 planes flying to 88 destinations and serves 47 million passengers each year.

It is also a member of Star Alliance.

VNA