Vietnam Airlines (HVN.HM) is expected to sign an initial agreement to buy about 50 Boeing (BA.N) 737 Max jets in a deal valued at about $7.5 billion, a person familiar with the talks told Reuters on Sunday.
Wording of the impending deal, which confirms a Reuters report from last week, comes as U.S. President Joe Biden visits Hanoi to boost ties with the former foe.
Boeing and Vietnam Airlines did not immediately respond to requests for comment.
Read the full story on Reuters here.