President witnesses deal signing between Bamboo Airways and General Electric
President Nguyen Xuan Phuc witnessed the signing of an agreement worth nearly 2 billion USD between Vietnam’s Bamboo Airways and the General Electric’s GE Aviation in New York on September 21.
Vice President of Bamboo Airways' Board of Directors Huong Tran Kieu Dung (sitting, right) and General Manager of GE Aviation's GENx project Dave Kircher sign an agreement worth nearly 2 billion USD with the witness of President Nguyen Xuan Phuc (Photo: Bamboo Airways)
New York (VNA) – President NguyenXuan Phuc witnessed the signing of an agreement worth nearly 2billion USD between Vietnam’s Bamboo Airways and the GeneralElectric’s GE Aviation in New York on September 21.
Under the deal, the airline will purchase G⭕ENx engines, which will be delivered next year, to powerits Boeing 787-9 Dreamliner aircraft and a maintenance package for its Boeing787-9 fleet.
The fleet will be used on planned non-stop routes between Vietnam and the US.
The same day, thecarrier aౠnnounc💮ed the launch of its Vietnam – US direct route.
If conditions permit, the flight servicewill begin in early 2022 with three weekly flights initially. Given the marketdemand, the capacity could increase to five or seven flights per week.
Bamboo Airways will use Boeing 787-9 planes for direct flights between Vietnam and the US (Photo: VNA)
Initially, the airlinewill run flights linking Tan Son Nhat and San Francisco international airports.In the long term, it also plans to operate flights to both San Francisco andLos Angeles international airports in California state.
With the debut of the official ticket agent and linkage with the US partners, Bamboo Airways saw that it istime to make new strides in effectively tapping routes linking the twocontinents, contributing to boosting trade an꧃d meeting demand for travellingbetwe🌺en the two countries./.
Bamboo Airways officially announced on April 28 its opening of new routes from the Mekong Delta city of Can Tho, Da Lat city in the Central Highlands’ province of Lam Dong, and Thanh Hoa city in the north-central province of Thanh Hoa to Quy Nhon city in the south-central province of Binh Dinh.
The Civil Aviation Authority of Vietnam (CAAV) recently sent a dispatch asking domestic airlines to suspend flights to and from airports in several southern cities and provinces that are under social distancing measures from July 19.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
Vice President of Bamboo Airways' Board of Directors Huong Tran Kieu Dung (sitting, right) and General Manager of GE Aviation's GENx project Dave Kircher sign an agreement worth nearly 2 billion USD with the witness of President Nguyen Xuan Phuc (Photo: Bamboo Airways) 
Bamboo Airways will use Boeing 787-9 planes for direct flights between Vietnam and the US (Photo: VNA) 
