The White House on Wednesday praised airlines in Vietnam for signing agreements to purchase more than $20 billion in U.S.-built planes and technology.
President Trump and Vietnamese President Nguyen Phu Trong attended a signing ceremony that involved trade deals between a number of airline companies based in the two countries.
According to a statement from the White House, VietJet will purchase 100 Boeing 737-MAX jets and 215 General Electric-developed LEAP engines.
Bamboo Airways will purchase 10 Boeing 787-9 Dreamliners. Bloomberg reports that Bamboo’s purchase is valued at about $3 billion. In June, Bamboo signed a commitment for 20 Boeing 787-9 aircraft with a list price of $5.6 billion.
In addition, Vietnam Airlines has pledged to acquire a minimum of $50 million in reservation systems and other services from Sabre Corporation.
“These agreements reflect the deep economic partnership enjoyed by the United States and Vietnam,” the White House statement reads.
The deals come as Trump visits Vietnam to meet with North Korea’s leader, Kim Jong Un. The two are expected to discuss North Korea’s nuclear program.
