PM applauds investment expansion by John Swire & Sons
Prime Minister Pham Minh Chinh received Chairman of John Swire & Sons Limited Guy Bradley in Hanoi on October 24, welcoming the UK-headquartered firm’s continuous expansion of investment and business activities in Vietnam.
PM Pham Minh Chinh (R) receives Chairman of John Swire & Sons Limited Guy Bradley in Hanoi on October 24. (Photo: VNA)
Hanoi (VNA) – Prime Minister Pham Minh Chinh receivedChairman of John Swire & Sons Limited Guy Bradley in Hanoi on October 24,welcoming the UK-headquartered firm’s continuous expansion of investment andbusiness activities in Vietnam.
He called on the over-200-year Swire Group to continue expanding itsoperations in such sectors as aviation, trade and industry, logistics, realestate, health care, and the production, distribution and retail network inVietnam; develop human resources, especially high-quality ones; and consider cooperatingwith local universities and vocational schools.
PMChinh asked the group to increase applying the latest scientific andtechnological advances to its activities; improve the added value and the rateof domestically made components in its products and use supporting technologiesof Vietnam; boost assistance for Vietnamese businesses to join its supply chain;effectively use renewable energy; and harmonise economic targets with socialresponsibility fulfillment, thereby helping Vietnam achieve green growth andsustainable development targets and effectively cope with climate change.
Bradleyintroduced his firm and its long-term plan in Vietnam, highlighting itscommitments to sustainable development, green growth, and circular economy promotion.
Swire Group has operated in Vietnam since 1988 via activitiessupporting oil and gas, tea, aviation, and real estate companies. In January2023, its subsidiary Swire Coca-Cola Limited purchased Coca-Cola Beverages VietnamCo. Ltd, the bottling partner of Coca-Cola in the country. Thanks to that, ithas created over 2,000 direct jobs and 20,000 indirect ones in Vietnam, henoted.
He spoke highly of the increasingly improved investment andbusiness climate in Vietnam and expressed his belief in the success of hisgroup’s operations here.
The group is highly committed to Vietnam and will keep expandingits investments, especially in the fields of aviation and health care, tocontribute more local socio-economic development, Bradley remarked.
Welcomingthe firm’s intentions, PM Chinh affirmed that the Vietnamese Government alwayssupports and protects the rights and legitimate interestsof foreign investors on the basis of interest harmonisation and risk sharing,adding the country considers foreign businesses’ success as its own./.
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