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On September 21 in New York, the US, Vietnamese Prime Minister Pham Minh Chinh met with top executives from global giants, including Apple. At the meeting, Nick Ammann, Apple vice president of global policy, said, "Vietnam is a very important market and production area for Apple. There is a lot of potential for cooperation given the outstanding growth in production scale and export value of Apple products in Vietnam during this challenging period. This affirms the group's trust in the Vietnamese market." "Apple is very interested in Vietnam's clean energy strategy and wants its suppliers in Vietnam to gain access to clean energy. At the same time, Apple wants to engage in HR development and training, especially for software development," he said. Apple's suppliers, such as Lux Share, Foxconn, Compal, and GoerTek, operate 32 factories in Vietnam. These factories create jobs for 160,000 workers producing and assembling components for Apple products. PM Chinh … [Read more...] about Apple deems Vietnam an important market and production hub

At the reception for Boeing leaders (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh hosted separate receptions in New York on September 21 for leaders of several US corporations as part of his trip to attend the high-level week of the UN General Assembly’s 78th session . During separate meetings with representatives from Apple Inc., Boeing Company, Google, Siemens Healthineers, the PM reiterated his commitment to create favourable conditions for US enterprises to operate effective business in Vietnam. Chinh suggested that Apple continue to expand investment in Vietnam, increase the local content and work as a bridge for US firms and Apple's partners to invest ịn Vietnam. He hoped that Apple will turn Vietnam into an important link in its supply and production chain. Meanwhile, he asked Boeing to expand its manufacturing and supply chain in Vietnam and early build its maintenance facility in the country while supporting Vietnamese partners in … [Read more...] about PM receives leaders of US enterprises in New York

Vietnamese Prime Minister Pham Minh Chinh during his receptions for leaders of several global and U.S. corporations on Thursday afternoon (local time), such as Apple, Boeing, Google, and Siemens proposed them to expand their businesses in Vietnam. Nick Ammann, vice president for global government affairs at Apple, and an Apple high-ranking delegation said Vietnam is an important market and has much potential for cooperation. Apple is interested in clean energy strategies and the approach to clean energy for Apple contract manufacturers in Vietnam, Ammann said. The Apple representative also wanted to jointly organize training programs for software personnel in Vietnam, which has developed strong human resources in the digital economy. PM Chinh congratulated Apple on its achievements in Vietnam and around the world, adding that he welcomes businesses that enhance the use of clean energy and training for human resources in the hi-tech sector to invest in Vietnam. The Vietnamese … [Read more...] about PM Pham Minh Chinh calls on US enterprises to expand business in Vietnam

A worker collecting latex at a plantation of Vietnam Rubber Group. The company's shares lost nearly 6 per cent on Friday, adding pressure to the market's downtrend. —VNA/VNS Photo Vũ Sinh The market ended the week on a negative note, weighed by strong profit-taking pressure, with the VN-Index breaking below the 1,200 point-level. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) dipped 19.69 points, or 1.62 per cent, to 1,193.05 points. This is the biggest daily loss since March 20. The index plunged nearly 13.4 points on Wednesday after recovering over 14.6 points in the previous session. On the southern bourse, up to 292 stocks went down, while only 48 ticked up. Meanwhile, liquidity soared to more than VNĐ32 trillion, of which the trading value increased more than 40.3 per cent from the previous session to VNĐ32.3 trillion (US$1.32 billion). This was equal to a trading volume of nearly 1.4 billion shares. The VN30-Index, which tracks the 30 biggest stocks on … [Read more...] about VN-Index loses the threshold of 1,200 points