Boeing accelerates cooperation with Vietnamese suppliers

September 30, 2022 | 11:13

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Boeing, the world’s leading aerospace company based in the US, are accelerating cooperation with Vietnamese suppliers and universities to provide a foundation for long-term industrial growth, according to Boeing Vietnam Country Director Michael Nguyen.

Boeing is working with seven suppliers in Vietnam, he said at the Boeing Aerospace Industry Forum recently held in Hanoi.

Boeing accelerates cooperation with Vietnamese suppliers

Illustration. (Photo: Vnexpress)

Hosted by Boeing, the forum was part of Boeing’s collaboration with Vietnam and its commitment to enhance the country’s aerospace capabilities.

To build a Boeing 747, the American aerospace manufacturer needs six million parts, which are sought from suppliers worldwide, he said.

He held that Vietnam will be a very potential market, provided that it owns high-quality human resources, good investment environment as well as the Government’s support policies.

Boeing wants to follow the ways of Samsung and Intel to expand its network of suppliers in Vietnam, Nguyen said, adding that the corporation will also work with Vietnamese firms to apply the best manufacturing practices and manage suppliers.

Boeing eyes supply chain expansion in Vietnam

Boeing is planning to seek more suppliers in Vietnam to expand its supply chain network and tap into growing demands.

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With a promising outlook in the post-pandemic era, international aircraft manufacturers are seeking to expand their partnerships in Vietnam’s burgeoning aviation market to tap into its growing demand for aircraft and related tech, as well as to expand their supply chain.

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Opportunities are opening up for businesses in Vietnam to join aerospace manufacturing supply chains, adding to its status as the fastest-rising commercial aviation market in the region.

By VNA

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