Apple announces increasing investment in Vietnam
US-based tech giant Apple will increase spending on suppliers in Vietnam – a key production hub, as CEO Tim Cook is paying a two-day visit to the country, starting on April 15.
Apple CEO Tim Cook is on a two-day visit to Vietnam. (Photo: VNA)The group announced the information in a statement on its website but gave no details of how much it will spend as well as where the money will go.
During his stay in Vietnam, Cook will meet with programmers, students, and content creators.
Apple will boost its connection with local suppliers, clean water projects and education opportunities, Cook was quoted as saying on his arrival.
The company has spent nearly 16 billion USD since 2019 through its local supply chain, and more than doubled its annual spending to Vietnam during the same period. Since its operation in Vietnam a decade ago, Apple has helped generate more than 200,000 jobs.
Vietnam is among the five leading mobile game producers in the worlds. Apple’s iOS app economy has seen jobs in the country nearly tripling since 2017./.
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