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Vietjet pioneers in joining new trade flow between Vietnam and the United States

(Chinhphu.vn) - In the new phase of Vietnam - US relations as the two sides move towards a new trade agreement, Vietnamese private enterprises have proactively taken the lead, making a strong impression. With a series of signed agreements and a global investment plan of up to 119.4 billion USD by 2033, Vietjet not only affirms its position as the leading private aviation enterprise in Asia but also makes an important contribution to two-way trade turnover, creating a balance in the bilateral trade balance.

Báo Chính PhủBáo Chính Phủ03/07/2025

Vietjet pioneers in joining new trade flow between Vietnam and the US - Photo 1.

Vietjet and Rolls-Royce signed an order for 40 more Trent 7000 engines for the A330neo fleet. Photo: Vietjet Air.

In a recent report sent to the Ministry of Industry and Trade , a Vietjet representative said the airline is operating a fleet of 115 modern Airbus aircraft, operating more than 500 flights per day and has served a total of 210 million passengers.

Building on that growth, Vietjet has ordered 406 narrow-body aircraft from Boeing and Airbus, a long-term investment commitment not only for Vietnam's aviation industry but also contributing to the creation of hundreds of thousands of jobs for US workers.

Contribute to promote Vietnam - US trade flow

Notably, Vietjet has signed a series of large-scale contracts with US aviation industry corporations such as Boeing, General Electric (GE), Pratt & Whitney, RTX, Honeywell, SpaceX, etc. with a total value of up to tens of billions of USD. These cooperations have significantly contributed to the growth of bilateral trade and deepened the strategic economic relationship between Vietnam and the United States.

Not stopping at the aviation sector, Vietjet and its member companies and partners in the Sovico Group are expanding their investment into many strategic areas, with a total proposed capital of 119.4 billion USD by 2033.

Specifically, the transportation sector accounts for the majority with 65.3 billion USD, of which 64 billion USD has been signed for Boeing aircraft and equipment orders, along with proposals to build smart airports, the Ho Chi Minh City metro line and organize international trade fairs.

The technology - education - supply chain sector has a total proposed investment capital of 3.3 billion USD, with notable projects such as satellite Internet investment (Starlink, Amazon Kuiper), cooperation with Anthropic AI, digital banking development, building a US university branch in Vietnam, and improving the domestic production supply chain.

The energy industry is proposed to invest in an LNG power plant worth 800 million USD.

One notable initiative is the project to build housing for US workers with global capital mobilization of up to 25 billion USD in 5 years and 50 billion USD in 8 years.

To date, Vietjet has signed investments worth $64 billion and is promoting proposals worth $55.4 billion. If supported by the Vietnamese and US governments, the total contribution to two-way trade will reach $94 billion by 2030 and $119.4 billion by 2033.

Vietjet affirmed that these are not only commercial figures, but also contribute to creating a foundation for a strategic, long-term and sustainable cooperation agreement between the two countries, creating momentum for economic - investment - cultural - social relations between Vietnam and the United States in the new era.

Vietjet's vision and development orientation are completely consistent with the high-level messages from the two countries.

Earlier, on the evening of July 2 (Vietnam time), General Secretary To Lam had a phone call with US President Donald Trump to discuss bilateral relations and measures to promote reciprocal trade. The two leaders welcomed the agreement of the two countries' negotiating delegations on the Vietnam-US Joint Statement on the Framework for a Reciprocal, Fair and Balanced Trade Agreement.

Vietjet is continuing to seriously implement the directions of the leaders of Vietnam and the United States in developing trade and investment, especially investing in the fields of artificial intelligence, databases, emerging industries, high technology, etc.

Anh Tho

Source: https://baochinhphu.vn/vietjet-tien-phong-tham-gia-dong-chay-thuong-mai-moi-viet-nam-hoa-ky-102250703152534909.htm


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