Officials from the U.S. and Vietnam, including the head of Vietnam’s Communist Party, To Lam, witnessing a deal signed by Stephanie Pope, president and CEO of Boeing Commercial Airplanes, and Dang Ngoc Hoa, chairman of the Board of Directors of Vietnam Airlines, at a ceremony in Washington, D.C. on Feb. 19.
Three Vietnamese airlines announced deals Thursday to buy nearly 100 Boeing aircraft during a visit by the head of the country’s communist party, To Lam, to Washington, D.C.
The deals include commitments from Vietnam Airlines, Sun PhuQuoc Airways and VietJet, marking one of the largest civil aviation contracts announced by Vietnamese carriers.
Vietnam Airlines finalized an agreement to purchase 50 Boeing 737 MAX jets for $8 billion, a deal first announced in 2023.
Sun PhuQuoc Airways, a newly formed airline by the conglomerate Sun Group, also signed an agreement to purchase 40 Boeing 787 Dreamliners. The airline, which began operations in November 2025, said the $22.5 billion deal represents Vietnam’s largest wide-body aircraft order to date and its first direct purchase from Boeing.
Sun Group’s Chairman Dang Minh Truong said in a statement that the aircraft would support long-haul expansion and help promote the resort island of Phu Quoc — where the company operates major tourism projects — as an international destination.
Budget carrier VietJet agreed to acquire six Boeing 737 jets through Griffin Global Asset Management in a financing agreement worth $965 million.
In a statement, the airline said the agreement “marks a significant step in VietJet’s strategy of diversifying international funding sources, while strengthening its financial capacity and capital structure according to global standards.”
The announcements were made ahead of Lam’s attendance at the inaugural meeting of U.S. President Donald Trump’s “Board of Peace” on Thursday, an initiative aimed at addressing global conflicts.
Trump said in a Truth Social post Sunday that at least 20 member states had pledged more than $5 billion to support humanitarian and reconstruction efforts in Gaza, along with thousands of personnel for an International Stabilization Force to help police the war-torn territory.
