Boeing will focus on 3 main cooperation directions in Vietnam

28/07/2023

In the coming time, Boeing will focus on further improving commercial relations with airlines in Vietnam; cooperation in some specific fields, such as helicopters and transportation; aviation equipment…

On the sidelines of the APEC Trade Ministers' Meeting and the Indo-Pacific Economic Framework (IPEF) Trade Ministers' Meeting in Detroit, USA, Minister of Industry and Trade Nguyen Hong Dien worked with Mr. Steve Biegun, Senior Vice President, Boeing Corporation.

At the meeting, the two sides discussed that Boeing Group will cooperate in a number of specific fields, such as helicopters, transportation and investment in developing the supply chain of spare parts and aviation equipment in Vietnam. .

In particular, the Group accepted the invitation of Minister Nguyen Hong Dien to send senior personnel to participate in the event connecting international suppliers - Viet Nam Sourcing 2023 organized by the Ministry of Industry and Trade on September 13-15. coming to Ho Chi Minh City to introduce and seek cooperation opportunities with Vietnamese businesses in Boeing's global value chain.

At the meeting, Mr. Steve Biegun said that Boeing opened a representative office in Vietnam due to the potential and important position of this market for the Group's business strategy.

In the coming time, Boeing will focus on three main directions in Vietnam including further improving commercial relations in the aviation sector with airlines; cooperation in some specific fields, such as helicopters and transportation; Investing in developing the supply chain of aviation spare parts and equipment.

At the exchange, Minister of Industry and Trade Nguyen Hong Dien highly appreciated the Boeing Group's desire to build a strategic cooperative relationship in the Vietnamese market, and wished to cooperate more deeply with Vietnam to develop the system. aviation ecology. This will also contribute to promoting bilateral trade exchange between the two countries.

A number of suppliers in Vietnam have been supporting the production of some of Boeing's commercial aircraft components such as some parts in aircraft structures, components, aircraft interiors and composite materials.

However, businesses participating in the aerospace supply chain still mainly come from foreign-invested businesses from the United States, Japan, Korea...

Purely Vietnamese enterprises can only produce small parts and accessories with low added value. Therefore, Boeing's investment in Vietnam in the coming time needs to actively contribute to creating a stronger spillover impact on improving the production and manufacturing capacity of Vietnamese enterprises.

The Minister said that since 2020, the aerospace industry has been included in the list of high-tech industries prioritized for investment and development by Vietnam.

In the mechanical engineering industry, in Vietnam, large purely Vietnamese corporations have been formed with capacity, and are also willing to invest in research and development, machinery and equipment to pursue greater goals. in the field of high technology and can completely become potential partners of Boeing in the future.

Therefore, the Ministry of Industry and Trade is ready to coordinate with strategic partners such as Boeing in designing a favorable cooperation framework, ensuring sustainable development for the aviation supporting industry in Vietnam; helps suppliers gradually participate in Boeing's global value chain, while helping the Group realize its strategic goals and long-term vision.

The Minister requested Boeing to further accelerate the process of developing suppliers in Vietnam, building specific connection and support projects; Spend time surveying, working, and consulting for supporting industry businesses that can meet the company's requirements; Send experts to support businesses in personnel training and technology transfer when all conditions are met.

 

Minh Toan

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