US to remove Vietnam from tech export control list, Hanoi says
President Trump pledges to lift restrictions following Vietnam's $37 billion Boeing and GE engine buying spree.
In a significant policy shift, US President Donald Trump has committed to removing Vietnam from the US Commerce Department's strategic export control list, which restricts access to advanced American technologies. The announcement came during a White House meeting with Vietnamese leader To Lam, following Vietnam's massive $37 billion spending spree on US aerospace contracts this week. Key deals include Vietnam Airlines' $8.1 billion order with Boeing, part of nearly $37 billion in purchases from US aerospace firms. The decision marks a thaw in trade relations that were previously strained by protracted negotiations and legal challenges to Trump's tariff policies. This removal would allow Vietnam greater access to sensitive US technologies across semiconductors, aerospace, and other advanced sectors.
- President Trump pledged to remove Vietnam from the US strategic export control list after meeting Vietnamese leader To Lam
- The announcement follows $37 billion in new contracts from three Vietnamese airlines to US aerospace companies including Boeing
- Vietnam Airlines alone placed an $8.1 billion order with Boeing as part of the spending spree
Why It Matters
Opens Vietnam's access to advanced US tech in semiconductors and aerospace, strengthening US-Vietnam trade amid China competition.