Prime Minister Nguyen Xuan Phuc has lauded operation of the US firm, Coca-Cola, in Vietnam, with the generation of thousands of jobs and the production of diverse products using domestic materials.
Prime Minister Nguyen Xuan Phuc (R) receives Calin Dragan, Director of Coca-Cola’s Bottling Investments Group, in Hanoi on October 26 (Photo: VNA)
Along with fulfilling tax responsibilities, the firm has also actively engaged in social activities, the PM said while receiving Calin Dragan, Director of Coca-Cola’s Bottling Investments Group in Southeast Asia and the Middle East in Hanoi on October 26.
The PM pledged that the Vietnamese Government always creates favourable conditions and mechanism for investors.
Recalling his meeting with the Vietnamese leaders during his visit to the US in May 2017, Dragan said that he always remembers the PM’s suggestions, including the increase of using domestic materials.
Thanks to Vietnam’s policy of creating favourable conditions, the firm has enjoyed good growth and become one of the 100 biggest tax payers in the country, he said.
Dragan revealed that Coca-Cola is seeking a suitable area in Hanoi to open its fourth factory in Vietnam, adding that the firm also plans to launch another factory in Ho Chi Minh City.
Dragan thanked the Government of Vietnam and PM Phuc for creating good environment for enterprises. He reaffirmed Coca-Cola’s commitments to fulfil both tax and social responsibilities.
The PM showed his delight at Coca-Cola plan to expand operation to the north of Vietnam, especially a plan to build a 300-million-USD factory in Hanoi.
The project is expected to produce both traditional and nutritious products with higher added value, using local materials, while generating jobs for thousands of direct and indirect labourers and developing a network of distribution.VNA