Boeing seeks to meet with Vietnamese companies to build a global supply chain.

At a news conference on August 25, at the Boeing Aerospace Industry Forum, the country director for Boeing Vietnam Michael Nguyen reported their desire to find manufacturers and suppliers in Vietnam.

Mr. Nguyen said that Boeing currently has 7 suppliers headquartered in Vietnam, but only one Vietnamese company. In the long term, Boeing wants to work directly with Vietnamese suppliers Since the majority of Vietnamese suppliers are now connected to Boeing through Japanese and Korean.

Boeing purchased spare parts from suppliers all around the world, and discover that Vietnam is a prospective market with a highly capable labor force and professionals. In order to grow, Boeing wants to follow the ways of Samsung and Intel to expand in Vietnam.

About regional vice president of Asia Supply Chain for Boeing Craig Abler addressing at the conference, Boeing is working to improve its competitiveness in the face of intensifying international competition. In order to be successful, Boeing makes investments and utilizes the finest human resources and capacity, which results in the creation of the best goods and services that can compete in the market.

Boeing predicts that Southeast Asia will experience the world's fastest development in the aviation industry. The area is predicted to require roughly 4,000 aircraft over the next 30 years, with Vietnam poised to set the trend.

Source: Vnbusiness