Vietnam Air Services Company (VASCO) is an airline in Vietnam. Operating scheduled flights from its base at Tan Son Nhat International Airport, VASCO is a fully owned subsidiary of Vietnam Airlines. It also conducts charter flights, medical evacuations, SAR operations, oil platforms flights, and other aviation services.
VASCO was established by government directive in 1987, and was originally a part of Vietnam Airlines. It began scheduled passenger flights independently of Vietnam Airlines in 2004. 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.
Source: Wikipedia

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