On the afternoon of September 20 (local time, morning of September 21 Vietnam time), Prime Minister Pham Minh Chinh received leaders of several leading economic corporations in the US and the world, including SpaceX, Coca-Cola, and Pacifico Energy.
Prime Minister Pham Minh Chinh received Mr. Tim Hughes, senior vice president in charge of government relations and global business of SpaceX Corporation - Photo: NHAT BAC
The general message of Prime Minister Pham Minh Chinh at the meetings was that Vietnam advocates selective investment attraction, prioritizing projects in science and technology, innovation, research and development, green economy, digital economy, knowledge economy, and circular economy.
The Prime Minister affirmed that the Vietnamese Government is committed to accompanying and creating favorable conditions for corporations to invest and do business effectively in Vietnam.
SpaceX plans to expand investment in Vietnam
Meeting with Prime Minister Pham Minh Chinh, Mr. Tim Hughes, senior vice president of government relations and global business of SpaceX, said that the group highly appreciates Vietnam's potential for future development.
He revealed that SpaceX plans to expand its investment in Vietnam, hoping to provide Starlink (satellite Internet) services in Vietnam.
This helps provide broadband Internet service in signal "depression areas".
The Prime Minister welcomed SpaceX's proactive proposal to expand investment cooperation in Vietnam, thereby contributing to promoting digital transformation and digital economy.
The Prime Minister said that satellite Internet services need to ensure quality, convenience and reasonable prices to be able to compete with other technologies and other businesses.
The head of government said he would assign relevant agencies to discuss and guide SpaceX in implementing cooperation and investment projects within the legal framework. In return, the Prime Minister asked SpaceX to give comments on related policies.
Prime Minister Pham Minh Chinh also asked SpaceX to carry out cooperation activities to promote innovation in Vietnam in the coming time.
Pacifico Energy wants to invest in offshore wind power in Vietnam
Pacifico Energy Group Chairman Nate Franklin highly appreciated the upgrading of relations between Vietnam and the US. He said that Vietnam, along with Japan and South Korea, are the three most important markets of the group.
Therefore, Pacifico Energy wishes to continue investing in the renewable energy sector in Vietnam and share the idea of developing offshore wind power in Vietnam.
Prime Minister Pham Minh Chinh received Chairman of Pacifico Energy Group, Mr. Nate Franklin - Photo: NHAT BAC
Pacifico Energy Corporation (headquartered in the US) is the largest solar energy investor in Japan. In Vietnam, Pacifico Energy is currently the largest US renewable energy investor with the 40 MW Mui Ne solar power project in Binh Thuan and the 30 MW Sunpro wind power project in Ben Tre.
The Prime Minister affirmed that Vietnam always welcomes, encourages and creates favorable conditions for foreign investors.
The Vietnamese Government welcomes and encourages new investment ideas and plans of Pacifico Energy Group in renewable energy and clean energy projects.
The Prime Minister requested the group to coordinate with agencies and partners in Vietnam to implement projects according to regulations, ensuring publicity and transparency.
Welcome Coca-Cola's green production shift
Meeting with Prime Minister Pham Minh Chinh, Mr. Hames Quincey, Chairman and CEO of Coca-Cola, reported on the situation and future business and operation plans in Vietnam towards green production and environmental protection.
The Prime Minister highly appreciated the group’s performance in Vietnam and its sustainable business strategy. He also asked Coca-Cola to continue implementing and transforming the production structure of its factories in Vietnam towards sustainable development, using clean energy, and protecting the environment.
Prime Minister Pham Minh Chinh received Mr. Hames Quincey, Chairman and CEO of Coca-Cola - Photo: NHAT BAC
Regarding the group's proposals related to global minimum tax, the Prime Minister said that Vietnam will refer to international experience and design appropriate policies in the spirit of win-win, harmonized benefits, and shared risks.
After nearly 30 years, Coca-Cola has a total accumulated investment capital of more than 1 billion USD, with 3 beverage factories in Hanoi, Da Nang, Ho Chi Minh City and has just started construction on another factory in Long An.
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