Trade balance played role in Vietnam Airlines 787, A350 buys

Political considerations were an element in Vietnam Airlines' decision to obtain both the Boeing 787-9 and A350-900. Vietnam Airlines executive VP Le Hong Ha says that from an airline perspective, it is useful to have exposure to aircraft technology from both Europe and North America. He adds, however, that there was a political dimension behind the acquisition of two similar types, given the trade balance between Vietnam and the west. Vietnam is a major exporter of apparel, electronics, and other goods. "The govt still owns 80% of Vietnam Airlines and this has a strong influence on our decisions," says Le. "We are a national flag carrier." The A350 deal originated from an Oct 2007 memorandum of understanding, the 787s from a commitment with Boeing 1 month later. <br/>
FlightGlobal
https://www.flightglobal.com/news/articles/trade-balance-played-role-in-vietnam-airlines-787-444213/
12/15/17