HANOI — Apple Inc wants to boost its investment in Vietnam, state media quoted the US tech giant’s CEO Tim Cook as saying in Hanoi on Tuesday (April 16).
Vietnam is already a key manufacturing hub for Apple and Cook was speaking while meeting Vietnamese Prime Minister Pham Minh Chinh, state media reported.
Vietnam will set up a working group to support Apple’s investment, Chinh told Cook during the meeting, according to state media.
In a statement released on Monday on its website, Apple said it would increase its spending on suppliers in Vietnam. Its spending has already reached some 400 trillion dong (S$21.56 billion) and has created some 200,000 jobs, the statement added.
Apple did not respond to a request for additional comments about its planned spending.
Cook arrived in Hanoi on Monday for the two-day visit during which he met suppliers, students, content creators and users of Apple products.
Apple manufactures iPads, AirPods and Apple Watches in Vietnam and suppliers for MacBooks are also investing in the Southeast Asian country.
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