Sept 11 (Reuters) - The White House said on Monday that Vietnam Airlines' (HVN.HM) deal to buy 50 737 Max jets from U.S. plane maker Boeing (BA.N) 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 Airlines did not immediately respond to Reuters' requests for comment. The deal between the two companies was announced by the White House on Sunday.
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Vietnam was the world's fifth fastest-growing aviation market in 2022 when it lifted COVID-19 travel restrictions, according to the International Air Transport Association (IATA), which predicts the country will serve 150 million air transport passengers by 2035.
Boeing also has a deal with Vietnam Airlines' rival VietJet (VJC.HM) for the sale of 200 of its 737 MAX planes.
U.S. President Joe Biden is currently on a visit to Hanoi, with top company executives using that opportunity to forge business partnerships.
Other deals unveiled by the White House during Biden's visit included plans by Microsoft (MSFT.O) to make a "generative AI-based solution tailored for Vietnam and emerging markets", and Nvidia (NVDA.O) partnering with Vietnam's FPT, Viettel and Vingroup (VIC.HM), VinFast's parent company, on AI in the country.
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(1).jpg "VIETNAM 2022 GDP GROWTH QUICKENS TO 8.02%, FASTEST SINCE 1997")
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KNIGHT LOGISTICS - HCM HEAD OFFICE
81 Street No. 6, Cityland Residence, Ward 10, Go Vap District, Hochiminh City, Vietnam.
Office Tel.: 0084.28.7300.4422 (ext: 108)
Mr. John Ho (Mobile: 0084.938.70.48.48)
www.knight.com.vn
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Ms Luong (Mobile: 0084.938.60.80.50)
Room 15, 7th Floor, Viet A Building, No.9 Duy Tan, Dich Vong Hau, Cau Giay, Ha Noi, Vietnam.
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Room M5, Mezzanine Floor, Savico Building, 66 Vo Van Tan, Chinh Gian Ward, Thanh Khe District, City. Da Nang, Vietnam.
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Ms Nancy Pham (Mobile: 0084.901.82.79.82)
Office Tel.: 0084.28.7300.4422 (ext: 108)
Mr. John Ho (Mobile: 0084.938.70.48.48)
.jpg "VAT CUT PROPOSED TO PROP UP ECONOMY")
_640x360.jpg "OPERATIONAL EXCELLENCE ‘CRUCIAL’ FOR SUCCESS IN E-COMMERCE BOOM")
_640x360.jpg "VIETNAM FOOD ASSOCIATION OFFICIAL SAYS NO IMMEDIATE PLAN TO CURB RICE EXPORTS")
.jpg "MSC MUST JUSTIFY SURCHARGES, DEMANDS FMC")
(1).jpg "WCA HELPS FORWARDER MEMBERS “GO GREENER”")
