US plane maker Boeing has announced that it opened its first office in Vietnam, along with another in Jakarta, Indonesia, with a view to expanding the company’s presence in Southeast Asia.
Hanoi(VNA) – USplane maker Boeing has announced that it opened its first office in Vietnam, alongwith another in Jakarta, Indonesia, with a view to expanding the company’spresence in Southeast Asia.
“Boeing’s presence in Indonesia and Vietnam willsupport the company’s growth objectives across its commercial airplanes,defense and services businesses”, it said in its announcementreleased on August 23.
The same day, Boeing announced the appointment of Alexander Feldman as the newpresident of the company’s Southeast Asia business. Feldman will be based inSingapore and oversee the company’s strategy and operations as Boeing expandsits regional presence.
Previously, Feldman waspresident and CEO of the US-ASEAN Business Council (US-ABC) for more than 12years and also served as its chairman in 2020-2021 helping to steer the Councilthrough the COVID-19 pandemic.
“I am proud to joinBoeing, one of the world’s iconic brands, and a strong and growing partner toone of the fastest-growing and most consequential markets in the world:Southeast Asia,” said Feldman.
“With over 380 millionpeople under the age of 35, Southeast Asia will bolster Boeing’s growth fordecades to come and support hundreds of thousands of American jobs as well ascountless others across the region,” he added.
As a leading global aerospace company,Boeing develops, manufactures and services commercial airplanes, defenseproducts and space systems for customers in more than 150 countries. As a topUS exporter, the company leverages the talents of a global supplier base toadvance economic opportunity, sustainability and community impact./.
Vietnam has registered the strongest growth in aviation in Southeast Asia, according to Randy Tinseth, vice president of marketing for Boeing commercial planes.
Vietnamese airlines have no longer used Boeing 777 aircraft since four planes of this type were sold in 2017-2018, according to the Civil Aviation Authority of Vietnam (CAAV).
Boeing said on February 25 that airlines in Southeast Asia will need 4,400 new airplanes valued at 700 billion USD to support growing demand for air travel over the next two decades.
The Ministry of Transport has agreed with a proposal from the Civil Aviation Authority of Vietnam (CAAV) to allow the Boeing 737 Max aircraft to transit through Vietnam’s airspace.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.