Three Vietnamese carriers have reached agreements worth about $30 billion with U.S. plane maker Boeing to purchase a total of 90 aircraft, a move highlighting closer economic cooperation between Vietnam and the United States as the two sides work toward a new trade arrangement.
The contracts were signed on Thursday during a visit to the U.S. by Vietnam’s Communist Party General Secretary Tô Lâm, who is attending the first meeting of the Board of Peace, an initiative launched by President Donald Trump aimed at promoting global conflict resolution.
National carrier Vietnam Airlines confirmed a deal valued at $8.1 billion for 50 Boeing 737-8 jets. Deliveries are expected between 2030 and 2032, which will lift the airline’s fleet to around 151 aircraft by the end of the decade. The company also revealed ongoing discussions with Boeing regarding an additional order of 30 wide-body jets, potentially worth up to $12 billion.
New entrant Sun Phu Quoc Airways signed a separate $22.5 billion contract for 40 Boeing 787-9 Dreamliner wide-body aircraft, signaling ambitious expansion plans for the startup carrier.
Meanwhile, budget airline Vietjet secured $965 million in financing from Griffin Global Asset Management to support its purchase of six Boeing 737-8 aircraft.
Earlier this month, Vietnam expressed willingness to import more U.S. goods following Washington’s decision in October to maintain a 20% tariff on most Vietnamese exports, while removing tariffs on a limited range of products.