The new route will operate four flights per week starting from April 19, Vietjet said. Each flight will take 2 hours and 45 minutes per leg.
Dubbed "the Pearl Island", Phu Quoc, located in the southern province of Kien Giang, has attracted strong investments in hotels and resorts in recent years.
Vietjet said it wants to create traveling opportunities for locals and tourists, thereby contributing to trade growth between the two destinations.
The largest private airline in Vietnam currently operates 40 domestic routes and 66 international routes.
Vietnamese airlines have been launching new international flights in recent years, with the domestic market showing signs of saturation.
The country’s aviation industry has seen increasing demand each year. It welcomed 12.5 million air passengers last year, up 14.4 percent from 2017, according to the General Statistics Office.
Vietnam’s aviation traffic increased 16 percent on average each year from 2010 to 2017, data from the civil aviation regulator shows.