Donald Trump praises Vietnam’s commitment to escalating commercial partnerships with US Companies

The US President Donald Trump is committed to strengthening economic ties and advancing the partnership between the United States and Vietnam that ensure jobs to 83,000 Americans.

Donald Trump praises Vietnam’s commitment to escalating commercial partnerships with US Companies
The US President Donald Trump, alongside his counterpart Nguyen Phu Trong, participated in the signing of commercial trade deals between leading Vietnamese airlines and American companies. Image Credit: Twitter / The White House

In our live updates on Donald Trump and Kim Jong-un's second summit in Vietnam's Hanoi, we talked about the signing ceremony of several commercial trade deals between their two airline industries. The US President is pleased with that the Vietnamese airlines have agreed to buy new planes, engines and services from the American companies.

The US President Donald Trump, alongside his counterpart Nguyen Phu Trong, participated in the signing of commercial trade deals between leading Vietnamese airlines and American companies. The new deals commit a deep economic partnership between the US and Vietnam in the future.

The official site of The White House gives the details of over USD 21 billion deal. Here you've a glimpse of the deals:

  • VietJet will buy 100 American-made Boeing 737-MAX jets and 215 General Electric-developed LEAP engines.
  • Bamboo Airways will purchase 10 Boeing 787-9 aircraft.
  • Vietnam Airlines pledges to acquire a minimum of USD 50 million in reservation systems and other services from Sabre Corporation.
  • These purchases will support more than 83,000 American jobs and improve safety and reliability for Vietnamese and international travellers.

On the other hand, both sides pledged, among other commitments, to mutually boost economic ties between two nations. Vietnam is committed to drop its trade barriers on US agricultural exports. While doing so, American farmers will have a broadened market. Donald Trump is all set to take bold actions to enforce free, fair, and reciprocal trade for the US and negotiate better deals for the American people.

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