April 16, 2024 | 14:45 GMT+7

Apple CEO Pledges Support for Vietnam's Green Development Goals In Meeting With PM

Tim Cook meets with Prime Minister Pham Minh Chinh, signaling a deepening partnership and potential for Vietnam to become a key player in Apple's sustainable supply chains.

The meeting underscores a burgeoning relationship between the tech leader and the rapidly developing Southeast Asian nation. (Photo source: VNA)
The meeting underscores a burgeoning relationship between the tech leader and the rapidly developing Southeast Asian nation. (Photo source: VNA)

Apple CEO Tim Cook met with Vietnamese Prime Minister Pham Minh Chinh on April 16 to discuss expanding the tech giant's presence in Vietnam and supporting the country's ambitious environmental initiatives during a high-profile two-day visit to the South East Asian nation.

The meeting underscores a burgeoning relationship between the tech leader and the rapidly developing Southeast Asian nation.

Prime Minister Chinh enthusiastically welcomed Mr. Cook, expressing gratitude for Apple's commitment to Vietnam, which already provides jobs for over 200,000 workers.

The Prime Minister outlined Vietnam's impressive economic progress over the past four decades, highlighting the country's stability under the Communist Party's leadership and its focus on institutional reforms, infrastructure upgrades, and human capital development.

Apple's Role in Vietnam's Future

PM Chinh emphasized the country's need for support in institutional development, green production practices, renewable energy sources like wind and solar power, and high-quality human resource training.

The Prime Minister also envisions Apple's deeper involvement in diversifying Vietnam's markets and helping transform the country into a vital link in global supply chains.

In response, Cook expressed his admiration for Vietnam's vibrant innovation ecosystem and praised the Prime Minister's vision for the country. 

He affirmed Apple's interest in bolstering its investment and cooperation with Vietnam.

Apple's CEO Tim Cook at the Office of The Government. (Photo source: Doan Bac)
Apple's CEO Tim Cook at the Office of The Government. (Photo source: Doan Bac)

A Commitment to Collaboration

Prime Minister Chinh indicated that the government would form a special working group dedicated to facilitating Apple's long-term, sustainable growth within Vietnam. The working group signifies the government's proactive commitment to this strategic partnership.

The meeting between the Vietnamese Prime Minister and the Apple CEO reflects Vietnam's ascendancy as a manufacturing hub and Apple's keen interest in both the country's skilled workforce and its pledge to pursue green development strategies.

As this partnership deepens, Vietnam is well-positioned to become an increasingly significant player in Apple's global operations – and a potential model for sustainable economic growth

Green Development & Vietnam's Future

PM Chinh urged Apple to play a bigger role in Vietnam's green growth strategies.

He envisions Vietnam becoming a central player in Apple's global operations, while simultaneously showcasing the potential for environmentally conscious economic growth.

The Prime Minister's focus on sustainability resonated strongly with Apple. Cook, recognizing the alignment with Apple's emphasis on environmental stewardship, expressed enthusiasm.

Apple's CEO Tim Cook spends time with Hanoi Starts school's students  (Photo source: Tuan Hung)
Apple's CEO Tim Cook spends time with Hanoi Starts school's students  (Photo source: Tuan Hung)

The tech giant's ambitious goal of carbon neutrality for all products by 2030 is propelled by innovations in sustainable materials, clean energy adoption within its supply chain, and low-carbon shipping practices.

The iconic Apple Watch serves as a groundbreaking example of this dedication. Furthermore, Apple invests heavily in nature-based projects to offset any remaining emissions, demonstrating a proactive approach to environmental responsibility.

This urgency echoes the company's message – "the earth won't wait, neither will we" – making their partnership with Vietnam even more significant as the country embraces its transition to green development.

Apple's Vietnam Journey

Cook's arrival in Hanoi began a visit focused on fostering Vietnam's talent pool and solidifying Apple's position in the country's growing consumer market.

He has been meeting with local developers, content creators, and tech influencers – the driving forces behind the innovation ecosystem that has drawn Apple, Microsoft, and other major tech companies to Vietnam.

The country plays a key role in Apple's manufacturing network, with products like AirPods partially produced in Vietnam. Apple's commitment goes beyond its supply chain.

With an established online store, Apple Pay now operational, and a potential physical flagship store on the horizon, the company is clearly invested in reaching Vietnamese customers directly.

Furthermore, Apple backs this growth with substantial investments in Vietnam. Beyond payments to suppliers, the company funds STEM education initiatives nationwide, seeking to build a strong foundation for future collaboration.

Apple also aligns its growth with sustainable development, partnering with NGOs and local actors to promote clean water and energy access in underserved communities.

Tech's New Frontier

Tim Cook's visit is the latest signal that Vietnam's star is rising in the tech world. Microsoft co-founder Bill Gates and Nvidia CEO Jensen Huang have also made recent trips, highlighting the country's growing influence in chip manufacturing and its wider appeal to tech giants seeking to diversify operations.

While challenges like infrastructure and skill gaps remain, Vietnam's young, digitally-savvy population, combined with government efforts to streamline investment processes, offer significant potential.

As Apple's Vietnamese investments continue to grow, close observers will be keenly watching to see if Cook's visit sets the stage for even more ambitious expansion and the deepening of a partnership that could shape Vietnam's future as a sustainable tech hub.

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