Apple CEO Tim Cook wants to boost investment in Vietnam

Người Đưa TinNgười Đưa Tin16/04/2024


On the morning of April 16, Prime Minister Pham Minh Chinh received Mr. Tim Cook - CEO of Apple of the United States - the world's largest technology company and since 2019 the largest foreign investor in Vietnam (over 16 billion USD).

At the meeting, Prime Minister Pham Minh Chinh welcomed Mr. Tim Cook to Vietnam for the first time; thanked him for accepting the Prime Minister's invitation to visit Vietnam when the Prime Minister visited Apple during his working trip to the US in May 2022; congratulated and appreciated Apple's successes globally as well as in Vietnam in recent times.

The Prime Minister also thanked Apple and its partners for their important contributions to Vietnam's development, creating jobs for people, bringing Vietnam deeper into Apple's global supply chain, and having an increasingly important position in Apple's development strategy.

The Prime Minister said that with the desire to create a foundation and conditions for foreign investors to operate stably and sustainably, Vietnam's major development orientations are also consistent with investors' strategies, meeting their requirements and supporting them.

Focus - Apple CEO Tim Cook wants to boost investment activities in Vietnam

Prime Minister Pham Minh Chinh and Mr. Tim Cook - CEO of Apple of the United States (Photo: VGP).

According to the Prime Minister, there is still a lot of room for cooperation between Vietnam and Apple based on the bilateral relationship. Vietnam also has a large domestic consumer market with a population of 100 million people, many Vietnamese people love and are familiar with Apple products. Vietnam also participates in 17 bilateral and multilateral FTAs ​​with about 60 major economies in the world.

The Prime Minister said that Vietnam is ready to coordinate with Apple to establish a Working Group to support Apple in investing and expanding its operations in Vietnam quickly, strongly, sustainably, and long-term, contributing to promoting and concretizing the new framework of relations between the two countries on the basis of "harmonious benefits and shared risks".

The Head of Government suggested that Apple focus on investing in development and expanding business activities in Vietnam, identifying Vietnam as a stronghold of Apple globally; continue to speak out to encourage suppliers in Apple's supply chain to expand investment and business in Vietnam, bringing qualified Vietnamese enterprises to participate more deeply in Apple's value chain;

Strengthen support and consultation for Vietnam to perfect the legal system, policy mechanisms for development of science, technology and innovation; promote cooperation and association with innovation centers and software parks in Vietnam, especially the National Innovation Center; support Vietnam in training human resources, especially in the program to train 100,000 high-quality engineers, including 50,000 high-quality engineers in the semiconductor industry...

Focus - Apple CEO Tim Cook wants to boost investment activities in Vietnam (Image 2).

The Prime Minister asked Apple to focus on investing in developing and expanding its business activities in Vietnam (Photo: VGP).

The Prime Minister acknowledged Apple's proposals to promote access to clean energy for Apple manufacturers in Vietnam; said that the Government has approved the Power Plan VIII and issued a Plan to implement the Power Plan VIII in the direction of strongly developing renewable energy and clean energy. Agencies are urgently researching and building a mechanism for direct electricity trading, developing "self-produced and self-consumed" rooftop electricity...

For his part, Mr. Tim Cook updated Apple's operations in Vietnam; proposed some cooperation contents with Vietnam in the fields of clean energy, digital transformation, and human resource training.

According to Apple CEO, he is having a wonderful visit and working in Vietnam, receiving a warm welcome from Vietnamese leaders and people and witnessing with his own eyes the strong development of Vietnam's innovation community, full of vitality and energy, believing that this will be the "source of development" of Vietnam.

Apple's CEO highly appreciated the Prime Minister's sharing about Vietnam's major orientations and development goals, especially the constant attention to inclusive and sustainable development, protecting the earth and developing people, ensuring a peaceful and stable environment for development.

Focus - Apple CEO Tim Cook wants to boost investment activities in Vietnam (Image 3).

Mr. Tim Cook proposed a number of cooperation contents with Vietnam in the fields of clean energy, digital transformation, and human resource training (Photo: VGP).

Affirming that Apple values ​​the participation of Vietnamese application developers in Apple products around the world, he was pleased to announce that Apple's activities have created more than 200,000 jobs in Vietnam. The company has also spent about VND400,000 billion on about 150 suppliers in Vietnam since 2019.

"I am extremely pleased and could not be happier with the achievements of cooperation that we have achieved, which is an example of a win-win, mutually beneficial relationship, and I look forward to what we can do together to achieve even greater achievements in the future," said Mr. Tim Cook.

The CEO said Apple is committed to purchasing more components made in Vietnam by its partners, supporting Vietnam in the field of innovation; increasing spending on suppliers in Vietnam; expanding vocational training programs for people with disabilities to promote inclusion, bringing greater opportunities for them in the supply chain.

Expressing his impression of the rich and unique culture, which according to him "is a very important part of Vietnam", Mr. Tim Cook said he looks forward to further promoting Vietnamese culture, including music and cinema, to the world, with the contribution of Apple Music, helping people around the world understand more about the country, people of Vietnam, the Vietnamese spirit, and Vietnamese culture .



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