SYRE Group's leaders believe that Vietnam will be a strong partner of SYRE in the region, moreover, the green transition is taking place strongly in Vietnam - the strategic location that the group has chosen.

On the afternoon of April 23, at the Government Headquarters, receiving Ms. Susanna Campbell, President of SYRE Group, Sweden and Swedish Ambassador to Vietnam Johan Ndisi, Prime Minister Pham Minh Chinh proposed that SYRE invest in developing the textile and garment industry in a green and sustainable direction in Vietnam.

Welcoming the delegation of SYRE Group to Vietnam to study investment in green production, with "green people, green environment, green materials, green energy," promoting circular economy, the Prime Minister suggested that with experience in textile production, the group should actively use clean electricity, clean input materials, reduce emissions into the environment during the production process; especially take advantage of textile-related scrap and surplus textile raw materials of Vietnam for production.

Noting that Vietnam has recently resolved legal issues related to direct electricity trading and self-production and self-consumption for enterprises that produce their own electricity, the Prime Minister stated that SYRE Group's planned investment in Binh Dinh is a smart choice because Binh Dinh has a very good investment environment; has good infrastructure systems such as airports, deep-water seaports, etc.

The Prime Minister also said that this year, Vietnam is striving for 8% growth, and in the coming years must achieve double-digit growth, based on science, technology, innovation, digital transformation; rapid development but must be green and sustainable, in which it must actively promote the circular economy.

In this process, Vietnam needs cooperation and support from foreign partners, especially in terms of capital, science, technology, management experience and human resource training.

SYRE Group Chairwoman Susanna Campbell thanked Prime Minister Pham Minh Chinh for taking the time to meet her; she said that recently, the group has been promoting investment in foreign markets, prioritizing green transformation and sustainable development. In particular, the textile and garment industry must change and reduce emissions to the environment.

Ms. Susanna Campbell hopes to cooperate to make Vietnam the center of the global textile ecosystem.

SYRE Group leaders believe that Vietnam will be a strong partner for SYRE in the region, and that the green transition is taking place strongly in Vietnam - a strategic location that the group has chosen. This production process will be circular, creating products similar to the inputs of the textile industry, so SYRE hopes that Vietnam will become a global center for the circular economy.

Prime Minister Pham Minh Chinh stated that Vietnam is the country that produces the most renewable energy in Southeast Asia and has a policy to continue developing this clean energy source, in line with SYRE's strategy; along with that, Vietnam is also focusing on developing the circular economy, considering this as one of the new growth drivers, especially related to the textile industry which has a lot of waste.

Affirming that Vietnam supports Europe in setting very strict standards related to environmental protection in the production process and products, contributing to improving the global environment in the spirit of the COP 26 to 28 Conferences, the Prime Minister said that Vietnam is actively implementing green energy, circular economy, green materials for garment; encouraging foreign investors to invest in the high-tech sector; and is ready to support the SYRE Group to invest conveniently and effectively in Vietnam.

The Prime Minister emphasized that Vietnam and Sweden have enjoyed a very good friendship over the years; Vietnam is always grateful for Sweden's assistance in the early years of national reconstruction after the war; and wishes to develop a green economy and a circular economy with Sweden, thereby contributing to the development of cooperative relations between the two countries.

Swedish Ambassador to Vietnam Johan Ndisi said that Sweden wishes to cooperate with Vietnam in green transformation; Swedish corporations and enterprises have a long-term investment strategy in Vietnam; Sweden is making efforts with specific actions to promote the possibility of upgrading the bilateral cooperation relationship to a new level in the future./.