financetom
Business
financetom
/
Business
/
Apple wants to spend more on suppliers in Vietnam
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Apple wants to spend more on suppliers in Vietnam
Apr 16, 2024 12:22 AM

HANOI, April 16 (Reuters) -

Apple Inc. ( AAPL ) CEO Tim Cook said on Tuesday in Hanoi the U.S.

tech giant wanted to boost its investment in Vietnam, state

media reported.

Cook made the statement at a meeting with Vietnamese Prime

Minister Pham Minh Chinh during his visit to Vietnam, a key

manufacturing hub for Apple ( AAPL ).

Separately, in a statement released on Monday on its

website, Apple ( AAPL ) said it would increase its spending on suppliers

in Vietnam, where it has created some 200,000 jobs.

Vietnam will set up a working group to support Apple's ( AAPL )

investment in the country, Prime Minister Pham Minh Chinh told

Cook during the meeting.

Apple ( AAPL ) 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 ( AAPL ) products.

(Reporting by Khanh Vu and Francesco Guarascio; Editing by

Kanupriya Kapoor)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
US off-price chains poised to win as tariffs play to strengths in sourcing, inventory
US off-price chains poised to win as tariffs play to strengths in sourcing, inventory
Apr 10, 2025
(Reuters) - Aggressive tariffs on China-made clothes, bags and shoes by U.S. President Donald Trump could benefit off-price retailers such as TJ Maxx and Ross who rely on expansive sourcing strategies and inventory management. TJ Maxx-owner TJX Cos, Ross Stores ( ROST ) and Burlington Stores often acquire clothing, accessories and other merchandise from U.S. middlemen -- not always importing...
Newfoundland and Labrador Presents A
Newfoundland and Labrador Presents A "Stay-The-Course" Provincial Budget, Says Scotiabank
Apr 10, 2025
09:12 AM EDT, 04/10/2025 (MT Newswires) -- A month before Premier Andrew Furey steps down, and ahead of a provincial election due this year, the Newfoundland and Labrador government tables a stay-the-course budget, with no new tax increases but also no significant new spending measures, noted Scotiabank. The deficit is projected to rise this year before turning into surpluses going...
NevGold Reports Additional Significant Oxide Gold-Antimony Results at the Limousine Butte Project in Nevada
NevGold Reports Additional Significant Oxide Gold-Antimony Results at the Limousine Butte Project in Nevada
Apr 10, 2025
09:11 AM EDT, 04/10/2025 (MT Newswires) -- NevGold ( NAUFF ) said Thursday it discovered further significant oxide gold-antimony drill results at the Cadillac Valley target area within its Limousine Butte project in Nevada. Highlights include 1.70 grams per tonne (g/t) gold equivalent over 169.2 meters, or 0.89 g/t gold and 0.18% antimony, including 2.85 g/t gold equivalent over 54.4...
Copyright 2023-2026 - www.financetom.com All Rights Reserved