Vietnam Airlines’ unit sets up JV with Singapore’s ST Engineering

Visitors look at displays at the Singapore Technology (ST) Engineering booth during the opening day of the Singapore Airshow at Changi Exhibition Center February 16, 2016. REUTERS/Edgar Su

Vietnam Airlines Engineering Company (VAECO), a subsidiary of national carrier Vietnam Airlines, has set up a  $3.9-million joint venture with the aerospace arm of Singapore Technologies Engineering Ltd (ST Engineering), according to a statement.

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