Log in
Business

Boeing to open new office in Hanoi as part of its regional expansion

Vietnam is still one of the key markets for the global aerospace company’s business.

The Boeing Company [NYSE: BA] will establish its new offices in Hanoi namely Boeing Vietnam Company Limited and Indonesia’s Jakarta this week, as part of its expansion plan to Southeast Asia. 

 Boeing Vietnam Co., Ltd. is located in Hanoi. Photo: Boeing 

Boeing’s presence in Indonesia and Vietnam will support the company’s growth objectives across its commercial airplanes, defense and services businesses, according to the latest announcement by the global aerospace company. 


Boeing also appointed Alexander Feldman as the new president of its Southeast Asia business, effective August 27. Feldman will be based in Singapore and oversee the company’s strategy and operations as the company expands its regional presence. 


He will also become director and chairman of Boeing Singapore Pte. Ltd. and president director of PT. Boeing Indonesia. He succeeds Ralph ‘Skip’ Boyce, who is retiring after more than 13 years at Boeing in Singapore. 


Michael Arthur, President of Boeing International said: “We are really sorry to see Skip leave and thank him for having done a tremendous job leading and growing the Boeing operation and presence across the region and which now includes newly-opened offices in Jakarta and Hanoi.”


Feldman said he is proud to join Boeing, one of the world’s iconic brands, and a strong and growing partner to Southeast Asia, one of the fastest-growing and most consequential markets in the world.

“With over 380 million people under the age of 35, Southeast Asia will bolster Boeing’s growth for decades to come and support hundreds of thousands of American jobs as well as countless others across the region,” Feldman said.


Previously, Feldman was president and CEO of the US-ASEAN Business Council (US-ABC) for over 12 years and also served as its chairman in 2020-2021 helping to steer the Council through the Covid-19 pandemic. At the US-ABC, Feldman represented 170 of the largest US businesses, including Boeing, and managed seven offices in Southeast Asia. 


Reactions:
Share:
Trending
Most Viewed
Related news
Miền Bắc, Hà Nội thay đổi hình thái thời tiết, nồm ẩm sắp quay trở lại

Miền Bắc, Hà Nội thay đổi hình thái thời tiết, nồm ẩm sắp quay trở lại

Kinhtedothi - Trung tâm Dự báo khí tượng thủy văn Quốc gia cho biết, dự báo thời tiết hôm nay 19/3, hình thái thời tiết ở miền Bắc có sự thay đổi sau những ngày đón không khí lạnh tăng cường.

Hanoi Metro partners with ride-hailing providers for public transport convenience

Hanoi Metro partners with ride-hailing providers for public transport convenience

The cooperation aims to improve traffic management and develop smart transportation services in Hanoi, contributing to the progress of urban railway lines in Vietnam.

Local banks cut interest rates in response to PM’s request

Local banks cut interest rates in response to PM’s request

The rate cuts come in response to the Prime Minister’s directive to inspect and review banks that have recently increased deposit rates.

Hanoi revises up GRDP growth target to 8% in 2025

Hanoi revises up GRDP growth target to 8% in 2025

The city is committed to streamlining its organizational structure to be more efficient while ensuring that reforms do not disrupt residents or business operations.

Standards challenge Vietnamese exports amid tighter market regulations

Standards challenge Vietnamese exports amid tighter market regulations

Vietnam lacks specific standards for key agricultural export products, complicating outreach and inspection efforts.

Vietnam eyes top 3 in investment environment in ASEAN next 2 years: Party Chief

Vietnam eyes top 3 in investment environment in ASEAN next 2 years: Party Chief

A key objective is to trim off at least 30% of administrative procedures and cut both business costs and unofficial fees.

Vietnam set to have digital banks within financial centers

Vietnam set to have digital banks within financial centers

Credit institutions headquartered in these financial centers will not be bound by restrictions on to foreign ownership or foreign investment conditions when providing services there or across borders.

Government-backed waste management startups to be launched

Government-backed waste management startups to be launched

By 2030, each province will have at least five models of senior-led waste collection and sorting.