Some top international and U.S. firms such as SpaceX, the Coca-Cola Company, and Pacifico Energy are planning to expand their operations in Vietnam, heard the receptions hosted by Vietnamese Prime Minister Pham Minh Chinh for these firms’ leaders in New York City on Wednesday (local time).

During these receptions, part of the top Vietnamese official’s ongoing trip to the United States, PM Chinh underlined that Vietnam prioritizes science, technology, innovation, green, digital and circular economic, and research projects.

He affirmed that the Vietnamese government always creates favorable conditions for international firms to do business in Vietnam effectively.

Speaking at the meeting with the prime minister, Tim Hughes, senior vice president for global business and government affairs at SpaceX, a U.S. aerospace company, run by South African-American billionaire Elon Musk, said that the group highly values Vietnam’s potential for development.

Hughes revealed that SpaceX aims to ramp up its investment in Vietnam, and desires to launch satellite Internet service Starlink in the Southeast Asian nation.

The prime minister said that he welcomes SpaceX’s plan to expand its reach in Vietnam as it will contribute to speeding up the nation’s digitalization.

The Vietnamese government leader said that he would task relevant agencies with helping SpaceX with legal procedures to deploy its cooperation and investment projects.

PM Chinh proposed SpaceX foster its partnership in innovation in Vietnam.

Nate Franklin, chairman of Pacifico Energy, a renewable power company, said that he had great regard for the upgrade of the Vietnam – U.S. relationship.

Vietnamese Prime Minister Pham Minh Chinh (R) shakes hands with Nate Franklin, chairman of Pacifico Energy. Photo: Nhat Bac / Tuoi Tre

He told PM Chinh that Vietnam, Japan and South Korea are among the firm’s key markets.

Pacifico Energy, headquartered in the United States, expects to continue its investment in renewable energy in Vietnam, and is targeting an offshore wind power project in the nation.

The prime minister asserted that Vietnam always encourages clean energy development projects.

Meanwhile, at the meeting with PM Chinh, James Quincey, chairman and CEO at American multinational corporation Coca-Cola, unveiled the firm’s green production-driven business strategy.

The prime minister threw its support behind its plan for sustainability and environmental protection.

The Coca-Cola Company runs three beverage factories in Hanoi, Da Nang City, located in central Vietnam, and Ho Chi Minh City, and has started work on another facility in Long An Province in the Mekong Delta region.

Vietnamese Prime Minister Pham Minh Chinh (R) receives James Quincey, chairman and CEO at American multinational corporation Coca-Cola. Photo: Nhat Bac / Tuoi Tre

Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!