REPORT: Trump’s Visit To Vietnam Brings $15 Billion Dollar Boeing Contract And Thousands Of Jobs To U.S.

Trump walked away from North Korea since they weren’t ready to make the deal he wanted. But his trip wasn’t completely fruitless. He is coming home with a massive boom for the American economy from Vietnam.

Namely, a $15 billion dollar contract for Boeing which will result in thousands of new jobs.

The media will ignore this as usual:

Fortune reports:

Boeing Secures $15.7 Billion Vietnam Orders During Trump’s Hanoi Visit

Vietnam’s Bamboo Airways and VietJet Aviation JSC signed deals to buy 110 aircraft from Boeing Co. during President Donald Trump’s visit to Hanoi for a summit with North Korean leader Kim Jong-Un.

Bamboo agreed to purchase 10 787-9 Dreamliners worth about $3 billion, while VietJet’s order is for 100 737 Max planes valued at $12.7 billion, Boeing said Wednesday. VietJet’s 100-plane commitment was unveiled at the Farnborough air show last year. The accords were signed in the presence of Trump and Vietnam’s President Nguyen Phu Trong.

Vietnam’s airlines are expanding their fleets as rising incomes and the region’s growing economies are spurring many to fly for the first time, boosting demand in the Asia Pacific, whose air-travel market is projected to surpass that of North America and Europe combined. Demand in Vietnam is also expected to climb after U.S. regulators last month gave their approval to the nation’s air-safety system, making its airlines eligible to begin direct flights to the U.S. and codeshare with American carriers.

The Chicago-based planemaker had been involved in the effort to get the safety rating, which would allow state-owned Vietnam Airlines to launch nonstop flights to Los Angeles and San Francisco, and proceed with a long-planned order for either Boeing 777-8 or Airbus SE A350-1000 aircraft.

Here’s more from the Washington Times:

Trump inks trade pact with Vietnam for purchase of Boeing planes

President Trump praised Vietnam Wednesday for its “thriving” economy as he signed a trade deal with Vietnamese leaders and seeks to persuade North Korea’s leader Kim Jong-un to follow Hanoi’s example.

Meeting with Vietnamese Prime Minister Nguyen Xuan Phuc, Mr. Trump signed agreements calling for Vietnam to purchase more than 100 passenger airliners from Seattle-based Boeing Inc., a deal worth about $21 billion.

“You really are an example of what can happen with good thinking,” Mr. Trump told Vietnamese President Nguyen Phu Trong and other officials.

Mr. Trump also said approvingly that Vietnam is interested in purchasing U.S.-made military equipment.

That’s fantastic news for American workers.

(Image:Source)

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