President witnesses US Quantum Group’s deal with Vietnamese joint venture
(VOVWORLD) - President Nguyen Xuan Phuc on Wednesday met Arun Savkur, CEO of the US’s Quantum Group, in New York and witnessed a cooperation agreement between Quantum and a Vietnamese joint venture – that of the Kinh Bac City Development Holding Corporation (KBC) and the Saigon Telecom Technology Joint Stock Company (SAIGONTEL).
 President Nguyen Xuan Phuc meets with Arun Savkur, CEO of the US’s Quantum Group. (Photo: VNA) |
Savkur said Quantum is committed to contributing to Vietnam’s development with a series of projects worth as much as 30 billion USD. Quantum wants to support Vietnam’s COVID-19 fight by operating healthcare facilities that combine the West’s cutting-edge technology and Oriental traditional medicine. Savkur said Quantum intends to invest in building a center in Vietnam for COVID-19 vaccine production. He said he is optimistic that Quantum’s investment projects in Vietnam will bolster Vietnam-US economic relations.
President Phuc praised Quantum’s achievements around the world, and said Quantum’s investment projects in Vietnam are of strategic importance, especially those in high-tech industrial production and infrastructure. He encouraged Quantum to invest in biotechnology research and other healthcare-related projects.