Vietjet and aircraft manufacturer Airbus on October 31 signed a contract for 20 brand-new A321XLR aircraft.

VietNamNet Bridge - Vietnam’s aviation manufacturing industry is pursuing niche markets by targeting the tourism sector, Nguyen Duc Cuong, chair of the Vietnam Aerospace Association (VASA), has said. 

 Airbus has warned it could leave the UK if the country exits the European Union single market and customs union without a transition deal.

 The Airbus Foundation and the national flag carrier Vietnam Airlines jointly have carried 31 kidney dialysis machines and medical equipment to Hanoi Nephorology Hospital.

VietNamNet Bridge - The contract worth $11.3 billion signed between Vietjet Air, Vietnam’s only private airline, and Boeing, the US aircraft manufacturer, has caught the special attention of  the media around the world.

VietNamNet Bridge - Vietnam is capable of meeting the requirements to establish an aircraft maintenance center, but it has not put forward the idea. 

VietNamNet Bridge - It will take Vietnam hundreds of years to develop an aerospace industry of its own, experts say.

 VietNamNet Bridge – Aerospace Engineering Services JSC (AESC), a Vietnamese joint stock company, has proposed joining with the Vietnamese Government to develop the country's aviation industry, with support from the Airbus Group.

 The Civil Aviation Authority of Vietnam recently proposed that the Ministry of Transport recommend Aerospace Engineering Services JSC to be Airbus Group’s partner in building a facility to produce spare parts for aircraft.

VietNamNet Bridge - Vietnam will have to struggle for years to build an aircraft manufacturing industry, but it could become a regional maintenance center in the near future, experts say.

VietNamNet Bridge - The distance between the dream and reality of an aircraft industry in VIetnam is very wide, experts say.

VietNamNet Bridge - Vietnam’s aviation industry could take off if the cooperation commitments from Airbus’ President come true.

 VietNamNet Bridge – Vietnam has joined the global production chains of world’s most reputable aircraft manufacturers – Boeing and Airbus – by providing low-value parts and accessories.

 VietNamNet Bridge - Initially VietJetAir planed to buy 62 aircraft but it has just increased the number to 63.

 Russia suspends Vietnamese Tra fish imports; VietJetAir to finalise US$6.1 bln deal with Airbus; PM approves equitisation scheme of Vinamotor; Seafood exports likely to exceed US$6.7 billion in 2014

 VietNamNet Bridge – The commercial affairs worth hundreds of millions or billions of dollars were contracted in 2013.

VietNamNet Bridge - After signing a contract worth more than $9 billion with Airbus in late September, Vietjet Air signed a $800 contract to buy engines of the General Electric (GE) & Snecma yesterday.

 Minister of Transport Dinh La Thang had a working session with Airbus President and CEO Fabrice Bregier in Ha Noi on Thursday.

In order to have money for the 100 Airbuses, VietjetAir will have to seek capital from different channels, including the export credit financing, commercial loans from foreign banks or initial public offering.