HANOI - Vietnam's aviation regulator has proposed a significant policy shift that could pave the way for Chinese-made commercial aircraft to enter its market. The Civil Aviation Authority of Vietnam (CAAV) is considering recognizing aircraft design certifications from China as equivalent to those of the United States, according to documents reviewed by Reuters.
This move is seen as a strategic effort to diversify Vietnam's aviation sector, which currently relies heavily on Boeing and Airbus. By accepting Chinese certifications, Vietnam would facilitate the entry of aircraft from the Commercial Aircraft Corporation of China (COMAC), a state-owned manufacturer.
COMAC has been actively pursuing opportunities in Vietnam, engaging with top government officials and offering attractive deals to leading low-cost carrier VietJet. The potential policy change aligns with Vietnam's broader economic and diplomatic strategies.
The proposal comes at a time when Vietnam is also navigating complex trade relations with the United States. Seeking to reduce its trade surplus with the U.S., Vietnam has affirmed its commitment to purchasing Boeing aircraft. The CAAV's proposal to recognize Chinese certifications could provide Vietnamese airlines with more options and potentially create a more competitive market.
However, the proposed amendment requires approval from Vietnam's top leaders. If approved, it would take effect on April 30.
This development highlights the growing cooperation between Vietnam and China in various sectors, including defense and infrastructure. At the same time, Vietnam is working to maintain its important trade relationship with the United States, as its Minister of Trade and Industry is currently in the U.S. to address trade concerns.
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