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Vietnam is already a key manufacturing hub for Apple and Cook dinner was talking whereas assembly Vietnamese Prime Minister Pham Minh Chinh, state media reported.
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Vietnam will arrange a working group to assist Apple’s funding, Chinh advised Cook dinner through the assembly, in accordance with state media.
“Right now, Apple introduced it is going to enhance spending on suppliers in Vietnam, together with new progress in an initiative to assist clear water for native colleges,” the corporate stated in a press release launched on Monday on its web site.
Its spending has already reached some 400 trillion dong ($15.84 billion) and has created some 200,000 jobs, the assertion added.
Apple didn’t reply to a request for extra feedback about its spending.
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Cook dinner arrived in Hanoi on Monday for the two-day go to throughout which he met suppliers, college students, content material creators and customers of Apple merchandise. Apple manufactures iPads, AirPods and Apple Watches in Vietnam and suppliers for MacBooks are additionally investing within the Southeast Asian nation.
The corporate had 25 suppliers in Vietnam as of 2022, in accordance with its newest suppliers listing, the identical as within the earlier yr and up from 21 in 2020. These suppliers embrace Foxconn, GoerTek, Luxshare, Intel, Samsung Electronics and Compal.
Suppliers to its primary distributors, comparable to Foxconn, are additionally transferring or planning to maneuver to Vietnam, and a few are shifting some actions out of China, amid US-China tensions, in accordance with a number of trade sources who declined to call the businesses because the strikes have been nonetheless confidential.
Whereas assembly Cook dinner, Chinh stated that Vietnam was searching for assist from Apple to develop renewable power in addition to in high-quality human useful resource coaching, VTV stated in a report.
Apple’s newest announcement got here days after activists urged the corporate to take motion on Vietnam’s detention of local weather specialists.
