Need stronger investment, always humbly learn!
The Prime Minister attended a roundtable discussion with CEOs of some leading corporations and investment funds listed on the NYSE – Photo: VGP/Nhat Bac
Within the framework of his business trip to attend the ASEAN-US Summit, visit and work in the US and the United Nations, Prime Minister Pham Minh Chinh had a roundtable discussion with CEOs of a number of corporations and investment funds. leading investment listed in NYS.
The seminar was attended by Goldman Sachs Fund Management Group, Deutsche Bank, Amphenol Corporation, Herbalife, and VinFast.
Here, CFO VinFast said the enterprise’s ambition is to become a leading high-tech electric car investor to successfully access the US market.. The CFO asked the Prime Minister what advice to this business?
Prime Minister Pham Minh Chinh said that it is very important to respect the law and culture, especially the business culture of the United States. Enterprises must stick to the market and promote the experience gained from the domestic market.
Besides, actively renewing technology, digital transformation, contributing to the country’s digital transformation. Prime Minister Pham Minh Chinh said that investing in electric vehicles is the right trend but needs to be stronger.
At the same time, the supply chain must be diversified.
In particular, businesses must always humbly learn from businesses and colleagues, including US businesses.
The Prime Minister witnessed the awarding ceremony of cooperation documents in the fields of finance, banking and investment funds between Vietnamese and US partners – Photo: VGP/Nhat Bac
VinFast is the big “game” of billionaire Pham Nhat Vuong with the electric car market and also carries the businessman’s desire to reach out to the world. The United States is one of the key markets that VinFast wants to conquer.
With the familiar style, doing is doing big and doing fast, VinFast has taken clear and bold steps to gradually realize the goal. On March 29, VinFast and the North Carolina state government (USA) announced the signing of a memorandum of understanding on the construction of VinFast’s first manufacturing plant in the North American market. The project has a total investment of up to 4 billion USD and will create about 7,000 jobs for local workers.
VinFast’s factory will be located at Triangle Innovation Point industrial park, Chatham County with an area of about 800 hectares, including 3 main areas: production and assembly area for electric cars and electric buses; battery production area for electric vehicle products and ancillary industry area for suppliers.
This event was even publicly congratulated by US President – Joe Biden on Twitter.
During the annual General Meeting of Shareholders that took place not long ago, billionaire Pham Nhat Vuong once again emphasized that this is a golden opportunity for VinFast to dominate the market, build a brand and position.
In November 2021, VinFast announced 2 models VF 8 (formerly known as VF e35) and VF 9 (VF e36) at the Los Angeles Auto Show. The company also introduced three new electric vehicle models (VF 5, VF 6 and VF 7) at the CES 2022 Consumer Electronics Show in January 2022 in Las Vegas, creating a complete product range for all five segments. segment, from small crossovers to large SUVs.
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