November 12, 2017 / 6:06 AM / 12 days ago

Vietnam, U.S. firms sign MoUs during Trump's visit

(Reuters) - Vietnamese and U.S. companies on Sunday signed memorandums of understanding on gas development, automobiles, as well as aircraft engine purchase and support during U.S. President Donald Trump’s visit to Vietnam.

U.S. President Donald Trump (L) and Vietnam's President Tran Dai Quang shake hands after they attended a news conference at the Presidential Palace in Hanoi, Vietnam, November 12, 2017. REUTERS/Kham

PetroVietnam Gas GAS.HM and AES Corp (AES.N) signed a memorandum of understanding on Son My liquefied natural gas terminal project and an MoU with Alaska Gasline Development Corp on gas supply and upstream investment.

Pratt & Whitney Co signed an engine purchase support agreement and binding MoU for the sale and maintenance of its engines with Vietnamese flag carrier Vietnam Airlines HVN.HNO

The U.S. engine maker also signed a purchase and support agreement for 20 engines with Vietjet Aviation JSC VJC.HM.

U.S truck maker Navistar International Corp (NAV.N) signed an MoU on commercial truck business with Vietnamese Hoang Huy Joint Stock Co.

No details were available on the value of the deals, which were signed in the presence of Trump and his Vietnamese counterpart Tran Dai Quang.

Reporting By Mai Nguyen; Editing by Himani Sarkar

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below