Vietnam Air signs US$7.8 billion deal for 50 Boeing 737 max planes: White House
- Vietnam Airlines has finalized a $7.8 billion agreement with Boeing to acquire 50 Boeing 737 aircraft, which is expected to support over 30,000 jobs in the United States. The partnership aims to modernize Vietnam Airlines' fleet and cater to the growing demand for air travel, driven by the expanding middle class in Vietnam.
- The United States and Vietnam issued a joint warning against the "threat or use of force" in the disputed South China Sea. President Joe Biden and Vietnam's Communist Party chief called for the peaceful resolution of disputes in accordance with international law, emphasizing their support for international norms and rejecting Beijing's claims in the strategic waterway.
- Other business partnerships announced during Biden's visit to Hanoi include Microsoft's plans to develop an AI solution for Vietnam and emerging markets, and Nvidia partnering with Vietnamese companies on AI initiatives.
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Vietnam Air, Boeing reach $10 billion deal for 737 Max jets
There will be challenges for the financially strapped carrier in getting aircraft delivered in the near term, given that Airbus and Boeing have sold out most of their production slots through the end of the decade.
Vietnam Air signs $7.8-B deal for 50 Boeing 737 max planes -White House
The White House said on Monday that Vietnam Airlines’ deal to buy 50 737 Max jets from U.S. planemaker Boeing is worth $7.8 billion. The statement confirms the deal value that Reuters had reported on Sunday, citing a source. Reuters also previously reported Boeing’s plan to sell the jets to Vietnam Air. Boeing and Vietnam The post Vietnam Air signs $7.8-B deal for 50 Boeing 737 max planes -White House appeared first on Inquirer Business.
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