- Vietnamese airlines sign $30 billion agreements to purchase 90 Boeing aircraft.
- Deals include narrow-body and wide-body jets supporting domestic and international expansion.
- Agreements strengthen Vietnam–United States aviation trade and long-term economic cooperation.
Three major Vietnamese airlines have signed aircraft purchase agreements worth over $30 billion with American aerospace giant Boeing, which represents one of the largest transactions in Vietnam's aviation sector while it strengthens trade relations between Vietnam and the United States.
The contracts were signed in Washington D.C. during a visit by General Secretary Tô Lâm who headed the Communist Party of Vietnam and attended the inaugural meeting of the Board of Peace initiative.
Vietnam Airlines, which serves as the national airline of Vietnam, established an $8.1 billion agreement to purchase 50 Boeing 737-8 narrow-body aircraft through the contracts.
The airline will receive its aircraft between 2030 and 2032 because the planes function as domestic and regional aircraft. The new 737-8s will support plans to grow Vietnam Airlines’ fleet to around 151 aircraft by 2030.
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Sun PhuQuoc Airways signed a $22.5 billion agreement to buy 40 Boeing 787-9 Dreamliner aircraft through a separate contract. The airline will use these long-range aircraft to operate its first international routes which will help it expand its worldwide service area.
Budget airline Vietjet Air established a financing agreement worth $965 million with Griffin Global Asset Management to purchase six Boeing 737-8 planes, which supports its ongoing fleet expansion plans.
The two separate agreements between the United States and Vietnam serve as components of their overall economic partnership, which includes current negotiations for a trade agreement and efforts to strengthen commercial relationships throughout different industries.
The aircraft purchases demonstrate Vietnam's increasing need for contemporary aviation facilities which we need to support our goal of becoming a key Southeast Asian aviation hub.