Vietnamese Airlines Sign $30 Billion Boeing Jet Deals Amid U.S. Trade Talks

Post by : Saif

Three Vietnamese airlines have signed major agreements with U.S. aircraft maker Boeing to buy a total of 90 planes. The combined value of the deals is about $30 billion. The agreements were signed during a visit by Vietnam’s top leader to the United States.

The signing took place as Vietnam and the United States continue talks on a new trade agreement. These deals are seen as an important step in strengthening business ties between the two countries.

Vietnam Airlines, the country’s national carrier, signed a deal worth $8.1 billion to buy 50 Boeing 737-8 aircraft. These planes are narrow-body jets, mainly used for short and medium-distance flights. The airline said the new aircraft will be delivered between 2030 and 2032. With these additions, Vietnam Airlines expects its total fleet to reach about 151 aircraft by 2030.

The airline also said it is in discussions with Boeing to buy 30 more wide-body planes. These larger aircraft are often used for long international routes. If completed, the additional deal could be worth up to $12 billion.

Another company, Sun PhuQuoc Airways, which is a newly formed Vietnamese airline, signed a much larger deal. It agreed to purchase 40 Boeing 787-9 Dreamliner jets for $22.5 billion. The Dreamliner is a long-range aircraft designed for comfort and fuel efficiency. This order shows that the new airline plans to operate major international routes in the future.

Meanwhile, Vietjet, a popular low-cost airline in Vietnam, secured a financing agreement worth $965 million. The funding will help the airline purchase six Boeing 737-8 aircraft. Instead of buying the planes directly with cash, the airline arranged financial support to complete the deal.

These aircraft purchases come at a time when trade discussions between Vietnam and the United States are ongoing. Earlier this month, Vietnam said it was willing to increase purchases of American goods. This came after the White House announced it would keep tariffs of 20% on most Vietnamese goods while removing tariffs on certain other products.

Large aircraft deals often carry both economic and political meaning. For Vietnam, expanding its airline fleets can help support tourism, business travel, and economic growth. For the United States, major aircraft sales support manufacturing jobs and strengthen trade relationships.

Vietnam’s aviation market has grown quickly over the past decade. More people are flying for work, study, and tourism. As the country’s economy continues to expand, airlines are preparing for higher demand in the years ahead.

These new agreements with Boeing show confidence in long-term growth. However, much will depend on global economic conditions, fuel prices, and the outcome of trade negotiations.

The signing of these deals highlights how business and diplomacy often move together. As Vietnam and the United States work through trade issues, major commercial agreements like these can help build stronger economic ties between the two nations.

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