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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

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

Deputy Prime Minister Tran Hong Ha (R) and President and CEO of Mitsui Oil Exploration Co., Ltd. (MOECO) Hidenori Harada, in their meeting in Hanoi on September 21. (Photo: VNA) Hanoi (VNA) – Deputy Prime Minister Tran Hong Ha hosted a reception in Hanoi on September 21 for President and CEO of Mitsui Oil Exploration Co., Ltd. (MOECO) Hidenori Harada. Ha told the guest that Vietnam always appreciates and welcomes cooperation projects between Japanese and Vietnamese businesses. Amidst fluctuations of the world economy, Vietnam wants to maintain and develop collaboration and investment ties with Japanese businesses, he said. Regarding Block B - O Mon gas project chain being implemented by MOECO and partners, the Deputy PM stated that policies of the Vietnamese State will ensure that the project operates throughout its life cycle, in a stable and long-term manner, and benefits investors so that the project chain is truly a bright spot in economic cooperation between … [Read more...] about Deputy PM receives leader of Japan’s MOECO company

Industrial Centre YP2C is scheduled to be completed in the second quarter of 2024 and will feature 34,500 sq.m of high-quality industrial and logistics space Industrial Centre YP2C is scheduled to be completed in the second quarter of 2024 and will feature 34,500 square metres of high-quality industrial and logistics space designed in accordance with Frasers Property’s premium estates concept that reflects its commitment to healthy, sustainable, and high-performing industrial assets. The 3-in-1 multi-functional industrial space will seamlessly integrate showroom, office, and production assemblies with 7,000sq.m dedicated to a green recreation park and on-site service centre to support occupier wellbeing in the estate. According to Lim Hua Tiong, CEO of Frasers Property Vietnam, Bac Ninh is a strategic manufacturing hub in the northern key economic zone that is contributing to Vietnam’s push to move up the value chain. Nguyen Trong Hien, chairman of GELEX Group, stated, said … [Read more...] about Frasers Property Vietnam and GELEX Group break ground on Bac Ninh project

Prime Minister Pham Minh Chinh has a seminar and a working dinner with leaders of multinational businesses and leading US investment funds in New York on September 21 (local time) (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh, who is in the US for the high-level week of the UN General Assembly’s 78th session, had a seminar and a working dinner with leaders of multinational businesses and leading US investment funds in New York on September 21 (local time). At the seminar, leaders of businesses and investment funds as well as Vietnamese State management agencies discussed measures and orientations to attract more financial resources for socio-economic development, especially the building and development of financial centres in Vietnam. Leaders of US investment funds held that amid fluctuations in the world geo-political and economic situation, Vietnam has been evaluated by international organisations as a bright spot in investment attraction with many … [Read more...] about US investment funds appreciate potential of Vietnam

At the working session (Photo: VNA) Hanoi (VNA) – Minister of Industry and Trade Nguyen Hong Dien held a working session with US Secretary of Commerce Gina Raimondo in New York recently, on the occasion of a working trip to attend the 78th session of the United Nations General Assembly and bilateral activities. Both sides underscored the need for broader and deeper cooperation between the management agencies of both countries, and between the Vietnamese Ministry of Industry and Trade (MoIT) and the US Department of Commerce (DOC) in particular, in order to actualise the vision of the two countries' leaders and to set development goals that match the bilateral comprehensive strategic partnership. Reiterating the importance of the recognition of Vietnam's market economy status, Dien suggested the DOC make drastic directions to expedite and complete the Changed Circumstances Review (CCR) process this year, in line with the spirit of the Joint Statement on September 11 and … [Read more...] about Industry-trade minister holds working session with US Secretary of Commerce

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