Thien Minh Aviation JSC was established not much after Thien Minh and AirAsia announced to stop co-operatingin this April. However, AirAsia seems to not have given up on conquering the Vietnamese aviation market, and neither has Thien Minh Group. Both of the corporations will shoot for drawing the attention of the over 90 million people in the country. Recently, the Vietnamese aviation market featured five players including Vietnam Airlines, VietJet, Jetstar, VASCO, and Bamboo Airways. Besides Thien Minh, Vietstar Airlines (Vietstar Airlines Multirole Corporation) and Vietravel Airlines have ambitions to become the sixth in line. However, Vietstar Airlines is still waiting for an aviation licence, although it was established in mid-2016 with a capital of VND300 billion ($13.04 million).