U.S. companies sign billions in deals with VietnamWASHINGTON/SEATTLE (Reuters) - U.S. companies signed business deals with Vietnam worth over $8 billion on Wednesday, including power projects and jet engines from General Electric Co (GE.N) and diesel generator technology from Caterpillar (CAT.N), the Commerce Department said. The 13 deals were announced as Vietnamese Prime Minister Nguyen Xuan Phuc met with U.S. President Donald Trump as part of a three-day, trade-focused trip to the United States. U.S. Commerce Secretary Wilbur Ross, who has pledged to shrink U.S. trade deficits, said the transactions would include $3.4 billion in U.S. produced content that would support 23,000 jobs. But the Trump administration still wants more work from Vietnam to bring down a rapidly growing $32 billion trade surplus with the United States, said Murray Hiebert, a Southeast Asia expert at the Center for Strategic and International Studies in Washington. “I heard from U.S. officials ahead of the trip that just signing deals with U.S. companies was nice but not enough,” Hiebert said. GE said on Wednesday it had signed deals in Vietnam worth about $5.58 billion for power generation, aircraft engines and services, its largest single combined sale with the country in GE’s history. GE’s agreement with Vietjet Aviation JSC VJC.HM includes 20 jet engines made by CFM International, a joint venture of GE and Safran SA (SAF.PA) of France. It also includes a 12-year engine service contract for 215 LEAP-1B engines on 100 Boeing 737 MAX aircraft that Vietjet has ordered, GE said. GE’s power unit signed a memorandum of understanding to build two 750-megawatt gas fired turbine power plants in conjunction with state energy group PetroVietnam, using the Blue Whale gas field. GE also signed a joint development agreement to erect an 800-megawatt wind power facility. Partners in the agreement are Phu Cuong Group and International Mainstream Renewable Power, GE said. Honeywell (HON.N) also signed a $100 million deal to supply VietJet with 98 auxiliary power units for the airline’s new fleet of Airbus (AIR.PA) A320 aircraft, including maintenance for 12 years. Caterpillar and its dealer in Vietnam, Phu Thai Cat, agreed to provide generator management technology for more than 100 generators in Vietnam, the company said. The technology would allow for remote function monitoring including fuel, temperature and pressure. The value of the Caterpillar deal was not disclosed. Hilton Worldwide (HLT.N) signed a deal worth $650 million to manage a 610-room dual-branded hotel in Vietnam, while port security firm Passport Systems Inc signed a deal worth $1 billion, with $420 million in U.S. content, Commerce said.     politicsNews
companies sign billions deals reuters companies signed business deals vietnam worth billion wednesday including power projects jet engines general electric co diesel generator technology caterpillar commerce department said the deals announced vietnamese prime minister nguyen juan phc met president donald trump part trip united states commerce secretary wilbur ross pledged shrink trade deficits said transactions would include billion produced content would support jobs but trump administration still wants work vietnam bring rapidly growing billion trade surplus united states said murray bieber southeast asia expert center strategic international studies washington i heard officials ahead trip signing deals companies nice enough bieber said ge said wednesday signed deals vietnam worth billion power generation aircraft engines services largest single combined sale country ge history ge agreement vietjet aviation sc includes jet engines made cfm international joint venture ge fran sa france it also includes engine service contract engines boeing max aircraft vietjet ordered ge said ge power unit signed memorandum understanding build two gas fired turbine power plants conjunction state energy group petrovietnam using blue whale gas field ge also signed joint development agreement erect wind power facility partners agreement hu cong group international mainstream renewable power ge said honeywell also signed million deal supply vietjet auxiliary power units airline new fleet airbus aircraft including maintenance years caterpillar dealer vietnam hu thai cat agreed provide generator management technology generators vietnam company said the technology would allow remote function monitoring including fuel temperature pressure the value caterpillar deal disclosed hilton worldwide signed deal worth million manage hotel vietnam port security firm passport systems inc signed deal worth billion million content commerce said politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: U.S. companies sign billions in deals with VietnamWASHINGTON/SEATTLE (Reuters) - U.S. companies signed business deals with Vietnam worth over $8 billion on Wednesday, including power projects and jet engines from General Electric Co (GE.N) and diesel generator technology from Caterpillar (CAT.N), the Commerce Department said. The 13 deals were announced as Vietnamese Prime Minister Nguyen Xuan Phuc met with U.S. President Donald Trump as part of a three-day, trade-focused trip to the United States. U.S. Commerce Secretary Wilbur Ross, who has pledged to shrink U.S. trade deficits, said the transactions would include $3.4 billion in U.S. produced content that would support 23,000 jobs. But the Trump administration still wants more work from Vietnam to bring down a rapidly growing $32 billion trade surplus with the United States, said Murray Hiebert, a Southeast Asia expert at the Center for Strategic and International Studies in Washington. “I heard from U.S. officials ahead of the trip that just signing deals with U.S. companies was nice but not enough,” Hiebert said. GE said on Wednesday it had signed deals in Vietnam worth about $5.58 billion for power generation, aircraft engines and services, its largest single combined sale with the country in GE’s history. GE’s agreement with Vietjet Aviation JSC VJC.HM includes 20 jet engines made by CFM International, a joint venture of GE and Safran SA (SAF.PA) of France. It also includes a 12-year engine service contract for 215 LEAP-1B engines on 100 Boeing 737 MAX aircraft that Vietjet has ordered, GE said. GE’s power unit signed a memorandum of understanding to build two 750-megawatt gas fired turbine power plants in conjunction with state energy group PetroVietnam, using the Blue Whale gas field. GE also signed a joint development agreement to erect an 800-megawatt wind power facility. Partners in the agreement are Phu Cuong Group and International Mainstream Renewable Power, GE said. Honeywell (HON.N) also signed a $100 million deal to supply VietJet with 98 auxiliary power units for the airline’s new fleet of Airbus (AIR.PA) A320 aircraft, including maintenance for 12 years. Caterpillar and its dealer in Vietnam, Phu Thai Cat, agreed to provide generator management technology for more than 100 generators in Vietnam, the company said. The technology would allow for remote function monitoring including fuel, temperature and pressure. The value of the Caterpillar deal was not disclosed. Hilton Worldwide (HLT.N) signed a deal worth $650 million to manage a 610-room dual-branded hotel in Vietnam, while port security firm Passport Systems Inc signed a deal worth $1 billion, with $420 million in U.S. content, Commerce said.     politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: companies sign billions deals reuters companies signed business deals vietnam worth billion wednesday including power projects jet engines general electric co diesel generator technology caterpillar commerce department said the deals announced vietnamese prime minister nguyen juan phc met president donald trump part trip united states commerce secretary wilbur ross pledged shrink trade deficits said transactions would include billion produced content would support jobs but trump administration still wants work vietnam bring rapidly growing billion trade surplus united states said murray bieber southeast asia expert center strategic international studies washington i heard officials ahead trip signing deals companies nice enough bieber said ge said wednesday signed deals vietnam worth billion power generation aircraft engines services largest single combined sale country ge history ge agreement vietjet aviation sc includes jet engines made cfm international joint venture ge fran sa france it also includes engine service contract engines boeing max aircraft vietjet ordered ge said ge power unit signed memorandum understanding build two gas fired turbine power plants conjunction state energy group petrovietnam using blue whale gas field ge also signed joint development agreement erect wind power facility partners agreement hu cong group international mainstream renewable power ge said honeywell also signed million deal supply vietjet auxiliary power units airline new fleet airbus aircraft including maintenance years caterpillar dealer vietnam hu thai cat agreed provide generator management technology generators vietnam company said the technology would allow remote function monitoring including fuel temperature pressure the value caterpillar deal disclosed hilton worldwide signed deal worth million manage hotel vietnam port security firm passport systems inc signed deal worth billion million content commerce said politicsnews