President Trump and Vietnamese President Nguyen Phu Trong signed a $21-billion dollar bilateral trade deal in the capital Hanoi during the recently-ended failed U.S-North Korean summit with Kim Jong Un.
The multi-billion dollar trade deal signed on February 27 at the Presidential Palace was between three major Vietnamese airlines and U.S. companies Boeing, G.E. Aviation and a travel technology firm, Sabre Corp.
According to the agreements, Vietnam Airlines will buy $100 million in services and technology from Sabre; VietJet will buy 100 Boeing 737-Max jets and 215 GE/CFM joint venture engines while Bamboo Airways will buy 10 Boeing 787-9 jets.
The deals are expected to create more than 83, 000 Americans jobs in an economy that has been growing exponentially since Trump came into office.
A Reuters original publication. Edited by Manyika Review.