Vietjet placed an order for 100 airplanes from Boeing Today, on the occasion of the visit of United States President Donald Trump to Vietnam to join the Democratic People's Republic of Korea-United States Summit, Vietjet and Bamboo Airways signed contracts with Boeing to buy an additional 110 airplanes. Notably, innovative and growing Vietnamese carrier Vietjet purchased 100 additional 737 MAX airplanes for $12.7 billion, according to list prices, taking their MAX order to 200 jets. The deal includes 20 MAX 8s and 80 of the new, larger MAX 10 variant, which will have the lowest seat-mile costs for a single-aisle airplane and be the most profitable jet in its market segment. By ordering 80 MAX 10s, Vietjet becomes the largest Asian customer of the airplane type. The carrier plans to use the added capacity to meet growing demand across Vietnam, as well as to serve popular destinations throughout Asia. 737 MAX airplane “The deal for 200 Boeing 737 MAX airplanes is an … [Read more...] about Vietjet and Bamboo Airways order 110 airplanes from Boeing
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BUSINESS NEWS IN BRIEF 14/2
Vietnamese firms join world’s largest food, beverage fair in UAE Vietnam pavilion at Gulfood 2018 (Source: laodong.vn) Twenty Vietnamese enterprises will showcase their products at the 24th edition of Gulfood – the world’s largest annual food & beverage trade exhibition – in Dubai, the United Arab Emirates, from February 17-21. The firms include the Vietnam Dairy Products Joint Stock Company (Vinamilk), the Hanoi Trade Joint Stock Corporation (Hapro), the Nafoods Group and the Vietnam Hanfimex Corporation. The Agricultural Trade Promotion Centre under the Ministry of Agriculture and Rural Development will organise the Vietnam pavilion at Gulfood. The event is expected to help Vietnamese enterprises find consumers, sign export contracts and expand their market share in the Middle East, Africa and Southwest Asia. They can also introduce Vietnamese agricultural products, food and beverages and promote Vietnamese brands to foreign visitors, according to the … [Read more...] about BUSINESS NEWS IN BRIEF 14/2
BUSINESS NEWS IN BRIEF 16/8
Vietnam firms join Tamil Nadu food expo in India Seven Vietnamese enterprises are showcasing their products at Vibrant Tamil Nadu - Global Expo & Summit 2018 in the Indian state of Tamil Nadu, which runs from August 12-15. The food and beverage expo also features nearly 200 Indian firms and representatives from 29 other nations. Several workshops on food, processed food and beverages and measures to boost the sector’s development have been held at the event, along with meetings between participating firms and state authorities. The Vietnamese enterprises discussed the possibility of signing some memoranda of understanding on cooperation in food production and processing and on investment in industrial zones with Indian partners. Bui Trung Thuong, Chief of the Vietnam Trade Office in India, briefed Indian partners on Vietnam-India economic and trade ties, the prospects of the Vietnamese food sector and opportunities for the two countries’ businesses. India ranks 27th … [Read more...] about BUSINESS NEWS IN BRIEF 16/8