He called on the over-200-year Swire Group to continue expanding its operations in such sectors as aviation, trade and industry, logistics, real estate, health care, and the production, distribution and retail network in Vietnam; develop human resources, especially high-quality ones; and consider cooperating with local universities and vocational schools.

PM Pham Minh Chinh (R) and Chairman of John Swire & Sons Limited Guy Bradley in Hanoi on October 24.

PM Chinh asked the group to increase applying the latest scientific and technological advances to its activities; improve the added value and the rate of domestically made components in its products and use supporting technologies of Vietnam; boost assistance for Vietnamese businesses to join its supply chain; effectively use renewable energy; and harmonise economic targets with social responsibility fulfillment, thereby helping Vietnam achieve green growth and sustainable development targets and effectively cope with climate change.

Bradley introduced his firm and its long-term plan in Vietnam, highlighting its commitments to sustainable development, green growth, and circular economy promotion.

Swire Group has operated in Vietnam since 1988 via activities supporting oil and gas, tea, aviation, and real estate companies. In January 2023, its subsidiary Swire Coca-Cola Limited purchased Coca-Cola Beverages Vietnam Co. Ltd, the bottling partner of Coca-Cola in the country. Thanks to that, it has created over 2,000 direct jobs and 20,000 indirect ones in Vietnam, he noted.

He spoke highly of the increasingly improved investment and business climate in Vietnam and expressed his belief in the success of his group’s operations here.

The group is highly committed to Vietnam and will keep expanding its investments, especially in the fields of aviation and health care, to contribute more local socio-economic development, Bradley remarked.

Welcoming the firm’s intentions, PM Chinh affirmed that the Vietnamese Government always supports and protects the rights and legitimate interests of foreign investors on the basis of interest harmonisation and risk sharing, adding the country considers foreign businesses’ success as its own.

Bac Giang highly focuses on increasing budget revenue and disbursing public investment capital

BAC GIANG - The Chairman of the Bac Giang provincial People's Committee (PPC) Le Anh Duong on October 19 chaired the regular PPC meeting in October.

Total development investment capital hit over 54 trillion VND

BAC GIANG - According to the Department of Statistics, the development investment capital in Bac Giang province in the third quarter was estimated at over 20.8 trillion VND (875 million USD), up 4.76 percent, bringing the total development investment capital in the area in 9 months to over 54 trillion VND, an increase of 7.35 percent over the same period.

Vietnam – poweful magnet for foreign direct investment

Vietnam has become one of the leading countries in Southeast Asia in attracting foreign direct investment (FDI), according to an article published on September 21 on the website gfmag.com of Global Finance Magazine.

South Korea's Hana Micron eyes $1B microchip investment in Vietnam

South Korean semiconductor manufacturer Hana Micron plans to invest US$1 billion in Vietnam by 2025.

Hundreds of foreign investors arrive to explore Vietnam's investment opportunities

More than 150 international investors attended the Investor Conference 2023 hosted by VinaCapital Group on October 3 in Ho Chi Minh City.

Source: VNA