HANOI – Three Vietnamese air carriers have committed to purchasing 90 Boeing aircraft in agreements totaling $30 billion, announced Thursday as Vietnam and the United States work toward a new trade arrangement.
The agreements were finalized while Vietnamese Communist Party General Secretary To Lam visited the United States to participate in the first Board of Peace meeting, an initiative created by President Donald Trump to tackle international conflicts.
Vietnam Airlines entered into an $8.1 billion contract with Boeing for 50 narrow-body 737-8 aircraft, according to the airline’s announcement.
The carrier expects to receive these planes from 2030 through 2032, which will expand its total fleet to roughly 151 aircraft by 2030, the statement indicated.
The national airline is additionally discussing with Boeing the potential acquisition of 30 wide-body aircraft valued at as much as $12 billion.
Sun PhuQuoc Airways, a recently established Vietnamese carrier, also finalized a $22.5 billion agreement with Boeing on Thursday for 40 787-9 Dreamliner aircraft.
Additionally, Vietnamese low-cost carrier Vietjet obtained a $965 million financing arrangement through Griffin Global Asset Management to purchase 6 Boeing 737-8 planes.
Earlier this month, Vietnam expressed readiness to increase purchases of American products following the White House’s October announcement that U.S. tariffs would remain at 20% on most Vietnamese imports while eliminating duties on select items.
