FII President and CEO Brand Cheng made the above statement during his meeting with Prime Minister Pham Minh Chinh in Tianjin, China, on June 25.

He expressed his hope that Viet Nam will prioritize the approval of high-tech certification for Foxconn-affiliated companies.

Pham, for his part, hailed FII's effective investment activities and its ideas to promote future cooperation in Viet Nam.

He urged FII to enhance the connectivity of businesses within its investment network to broaden research and development, as well as production and business operations in Viet Nam, thereby contributing to the growth of the nation's technology ecosystem.

The Prime Minister called on Foxconn to boost technology transfer and establish a semiconductor chip manufacturing plant in Viet Nam.

Viet Nam creates favorable conditions for foreign investors, including FII, to conduct business activities smoothly, he said, hoping that Foxconn would share its experience to help build Viet Nam's technology and innovation ecosystem and contribute to advancing the country's national digital transformation.

The same day, at the meeting with CEO of PepsiCo Asia Pacific Anne Tse, Pham suggested PepsiCo continue to explore and expand its investment cooperation in Viet Nam, and serve as a bridge to encourage U.S. businesses and PepsiCo's partners to increase their investment in the country.

He called on the company to invest in deep processing of Vietnamese agricultural products so that these products can carry the Pepsi brand, thereby enhancing their value.

In addition, PepsiCo is encouraged to cooperate and support Vietnamese businesses and farmers in enhancing their production capacity to improve competitiveness and integrate into global supply chains.

The company is also expected to assist Viet Nam in transferring knowledge, experience, techniques, and modern solutions and technologies to help partner enterprises participate in the economic restructuring process, aligned with a shift toward a green and sustainable growth model.

Tse, for her side, said PepsiCo not only hopes to invest in food and beverage manufacturing plants in Viet Nam but also to invest in the development of high-tech agriculture and processing, with the aim of supplying both the domestic market and other countries in the region.

The company has been present in Viet Nam for over 31 years and currently operates food and beverage processing plants in the country, with a total investment of nearly US$1 billion./.