(VOVWORLD) - Many enterprises from the US are planning to make or expand investments in Vietnam, showing their intention to turn the Southeast Asian country into one of their important bases.
 Coca-Cola has invested over 1 billion USD in Vietnam, with three beverage factories in Hanoi, Da Nang city, and HCM City. (Photo: baodautu.vn) |
During their recent meetings with Prime Minister Pham Minh Chinh, Microsoft, Gates Foundation, SpaceX, Coca-Cola, and Pacifico Energy unveiled their investment and business plans in Vietnam.
Coca-Cola has invested over 1 billion USD in Vietnam over the past 30 years and is currently operating three beverage factories in Hanoi, central Da Nang city, and Ho Chi Minh City.
Coca-Cola has recently begun the construction of another plant in Long An province. James Quincey, Chairman and CEO of the Coca-Cola Company said the company plan to expand production in Vietnam.
SpaceX, a supplier of spacecraft, satellite launch and satellite communications services, is planning to invest about 500 million USD in Vietnam. It hopes to be licensed to provide the satellite internet service of Starlink in the country.
Expressing its wish to continue investing in renewable energy, Pacifico Energy has shared the idea on developing offshore wind power in the country. The biggest renewable energy investor of the US has invested in a 40MW solar power project in the south central province of Binh Thuan and a 30MW wind power one in the Mekong Delta province of Ben Tre.
Meanwhile, many members of the Semiconductor Industry Association of the US have come to Vietnam to learn about the local investment climate to prepare for chip manufacturing.