Vietnam Airlines and Vietjet Air have signed aerospace agreements with US companies worth a combined US$14.4 billion, including US$8.1 billion in aircraft orders from Boeing.
Vietnam Airlines ordered about 50 Boeing 737-8 aircraft and is in talks to potentially purchase around 30 additional wide-body jets in the future. The carrier said the deal supports its goal of becoming a leading airline by 2030.
Vietjet Air announced two separate agreements totalling US$6.3 billion. Around US$5.4 billion will be spent on engine supplies and maintenance for 44 Airbus A320 aircraft through US manufacturer Pratt & Whitney. The remaining US$960 million will go toward leasing six Boeing 737 aircraft from Griffin Global Asset Management.
The agreements were signed during Vietnamese leader To Lam’s visit to Washington, amid ongoing trade negotiations between the two countries. The US currently imposes 20% tariffs on Vietnamese goods.
Despite trade tensions, Vietnam’s economy has continued to grow strongly, recording 8% growth as it maintains its position as a key manufacturing hub in Southeast Asia.
