Boeing has long recognized the importance of Vietnam and has for more than 20 years worked to develop Vietnam’s aerospace capabilities.
Boeing first established a local presence in 1995 when Vietnam Airlines leased three Boeing 767-300ER (Extended Range) airplanes. The first business transaction between Vietnam companies and the U.S., under the historic Bilateral Trade Agreement, was Vietnam Airlines’ purchase of four Boeing 777-200ER aircraft in January 2001. Boeing delivered the 777-200ERs to Vietnam Airlines in 2003 and 2004.
Vietnam Airlines currently operates 11 787-9 Dreamliners, serving international routes between Vietnam and Europe, as well as domestic routes.
VietJet Air, a privately held, low-cost airline in Vietnam, finalized an order with Boeing for 100 737 MAX 8 airplanes (200-seat version) in May 2016, marking the single largest commercial airplane purchase in Vietnamese aviation history. Vietnam President Trần Đại Quang and U.S. President Barack Obama witnessed the signing agreement. In July 2018, VietJet signed a commitment for an additional 20 737 MAX 8s and 80 737 MAX 10s – the largest commitment in Asia for the latest 737 model. As part of the agreement, Boeing would partner with VietJet to enhance technical and engineering expertise and the training of pilots and technicians in Vietnam, helping to further develop the commercial aviation ecosystem in the growing country. Boeing will also support VietJet in improving management capabilities at the airline and in the country.
Bamboo Airways, a startup airline that plans to begin commercial operations in 2019 out of the capital city of Hanoi, announced a commitment for 20 787-9 Dreamliners on June 2018.
Boeing has continued its commitment to develop Vietnam’s commercial aviation sector through facilitating new airplane leases, working with the Civil Aviation Administration of Vietnam (CAAV) and Vietnam Airlines to provide on-the-job training and helping Vietnam integrate itself into the global aviation environment to meet International Civil Aviation Organization (ICAO) standards.
In 2015, Boeing and Vietnam Airlines signed a pilot-training agreement for the 787 Dreamliner fleet as well as a Memorandum of Collaboration towards the goal of Vietnam Airlines’ fleet replacement and expansion with Boeing airplanes.