SpaceX, Apple, Pfizer among US businesses exploring investment opportunities in Việt Nam

Created 18 March 2023
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Vũ Tự Thành, the US-ASEAN Business Council representative in Việt Nam, said representatives of more than 50 US companies will visit Việt Nam from March 21-22 to discuss investment and business opportunities

A Falcon 9 rocket is displayed outside the Space Exploration Technologies Corp (SpaceX) headquarters. — AFP Photo

WASHINGTON — Representatives of more than 50 US companies will visit Việt Nam from March 21-22 to discuss investment and business opportunities under an annual programme hosted by the US-ASEAN Business Council.

Vũ Tự Thành, the council’s representative in Việt Nam, said the body has organised these events for three decades, adding that this is the biggest ever mission in the country.

Streaming giant Netflix, which is planning to open an office in Việt Nam, and many other companies that already have business or production facilities in Việt Nam such as Apple, Coca-Cola and PepsiCo as well as those intending to expand their operations in the Southeast Asian nation are among the participants.

According to Thành, some companies are interested in Việt Nam as a manufacturing hub and provider of services, with its economic growth topping 8 per cent last year.

Among them is SpaceX which is looking to sell its satellite internet services to Việt Nam and other countries in the region.

The mission will also include semiconductor companies, pharmaceutical giants Pfizer and Johnson & Johnson, medical device maker Abbott, financial firms Visa and Citibank, internet and cloud companies Meta and Amazon Web Services, he said. — VNS

Source: VNN

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