Amazon committed to deeper engagement in Vietnam: executive

By Minh Minh
Fri, October 27, 2023 | 10:36 am GMT+7

Seattle-headquartered Amazon will deepen its engagement in Vietnam in the fields of digital transformation, e-commerce and cloud computing, vice president of international public policy and government affairs at Amazon Susan Pointer has said.

PM Pham Minh Chinh hosts vice president of international public policy and government affairs at Amazon Susan Pointer in Hanoi, October 26, 2023. Photo courtesy of the government's news portal.

PM Pham Minh Chinh hosts vice president of international public policy and government affairs at Amazon Susan Pointer in Hanoi, October 26, 2023. Photo courtesy of the government's news portal.

At a meeting with Vietnamese Prime Minister Pham Minh Chinh in Hanoi on Thursday, Pointer highly regarded the business environment and investment opportunities in Vietnam, and added that the tech giant will raise awareness and provide training for the Vietnamese workforce.

She pledged that Amazon will also collaborate with Vietnamese enterprises to produce products and equipment, introduce more Vietnamese products and services to the world, and help Vietnamese startups reach out to the world.

PM Chinh called on Amazon to expand operations in the country with a population of 100 million and introduce more Vietnamese goods and services to the world.

The online retail giant offers some 17 million made-in-Vietnam products yearly. Vietnamese businesses have achieved the highest global sales through Amazon in Southeast Asia over the last 2-3 years.

The PM asked the U.S. corporation to share its expertise in developing e-commerce, cross-border trade and cloud computing; assist the country in training its workforce in e-commerce, cloud computing; and support small and medium-sized enterprises in digital transformation, branding, and joining global supply chains.

On this occasion, Chinh proposed Amazon push for the U.S. administration’s early recognition of Vietnam’s market economy status, which in turn would create more favorable conditions for enterprises from both countries to do business together.

Comments (0)
  • Read More
MSG producer Vedan Vietnam’s 2024 revenue drops 4% to $166 mln

MSG producer Vedan Vietnam’s 2024 revenue drops 4% to $166 mln

Food seasoning maker Vedan recorded a revenue of $166 million in Vietnam last year, down 4% year-on-year, according to the 2024 performance review of the Taiwan-headquartered firm.

Companies - Tue, April 29, 2025 | 11:45 am GMT+7

Vietnam, Japan firms sign deals to develop innovation cooperation ecosystem

Vietnam, Japan firms sign deals to develop innovation cooperation ecosystem

Businesses from Vietnam and Japan signed numerous MoUs aimed at developing a cooperation ecosystem in innovation and high-tech industries on the sidelines of a forum in Hanoi on Monday.

Economy - Tue, April 29, 2025 | 11:31 am GMT+7

Vietnam’s VPBank targets 35% annual credit growth over next 5 years

Vietnam’s VPBank targets 35% annual credit growth over next 5 years

Vietnam’s leading private lender VPBank expects to post annual credit growth of 35% over the next five years after taking over weaker lender GPBank, said VPBank chairman Ngo Chi Dung.

Banking - Tue, April 29, 2025 | 8:17 am GMT+7

Japan seeks to implement 15 energy projects worth over $20 bln in Vietnam

Japan seeks to implement 15 energy projects worth over $20 bln in Vietnam

Japan wants to execute 15 projects worth over $20 billion in Vietnam's energy transition field, said Prime Minister Ishiba Shigeru.

Economy - Mon, April 28, 2025 | 11:07 pm GMT+7

Malaysia highlights roles of ASEAN, BRICS in regional cooperation

Malaysia highlights roles of ASEAN, BRICS in regional cooperation

Malaysian Foreign Minister Mohamad Hasan is scheduled to deliver a speech at a dedicated session themed “The Role of the Global South in Reinforcing Multilateralism,” held as part of the BRICS Ministers of Foreign Affairs Meeting in Rio de Janeiro, Brazil, from April 28-29.

Southeast Asia - Mon, April 28, 2025 | 10:10 pm GMT+7

Singapore negotiates for US concessions on pharmaceuticals, chips

Singapore negotiates for US concessions on pharmaceuticals, chips

Singapore is negotiating concessions for pharmaceutical exports to the U.S. while ensuring it still has access to high-end AI chips from the American market, said Singaporean Trade and Deputy Prime Minister Gan Kim Yong.

Southeast Asia - Mon, April 28, 2025 | 10:03 pm GMT+7

Vietnam’s leading IP builder Idico applies for major bourse listing, targets $100 mln pre-tax profit

Vietnam’s leading IP builder Idico applies for major bourse listing, targets $100 mln pre-tax profit

Idico Corporation, a major industrial park developer in Vietnam, has applied for listing its shares on the Ho Chi Minh Stock Exchange (HoSE) and kept its 2025 business plan unchanged with a pre-tax profit target of VND2.6 trillion ($100 million).

Companies - Mon, April 28, 2025 | 9:53 pm GMT+7

Property giant Sun Group commences work on $1.35 bln spiritual tourism complex in central Vietnam

Property giant Sun Group commences work on $1.35 bln spiritual tourism complex in central Vietnam

Sun Group, Vietnam's leading real estate developer, on Saturday broke ground on its Am Tien spiritual and historical tourism complex project in the central province of Thanh Hoa.

Real Estate - Mon, April 28, 2025 | 9:30 pm GMT+7

Vietnam's SHB bank records 'fastest growth in customer satisfaction' for 2 straight years

Vietnam's SHB bank records 'fastest growth in customer satisfaction' for 2 straight years

In the Bank Satisfaction Rankings 2025, Saigon-Hanoi Bank (SHB) not only makes it to the top 10 but also stands out as the bank with fastest growth in customer satisfaction for two consecutive years.

Companies - Mon, April 28, 2025 | 4:19 pm GMT+7

India's KCP Limited to inject extra $60 mln into sugar, biomass power plants in south-central Vietnam

India's KCP Limited to inject extra $60 mln into sugar, biomass power plants in south-central Vietnam

Indian-invested KCP Vietnam Industries Limited has proposed raising the capacity of its Son Hoa sugar plant to 15,000 tons of sugarcane per day and deploying the 45 MW second phase of its 75 MW KCP Phu Yen biomass power plant, both in Phu Yen province.

Industries - Mon, April 28, 2025 | 3:35 pm GMT+7

Central Vietnam hub Danang eyes country's 'first urban complex on the sea'

Central Vietnam hub Danang eyes country's 'first urban complex on the sea'

The central city of Danang is studying an urban complex project on Da Nang Bay, with five floating islands - home to an international service, commercial and financial center complex.

Real Estate - Mon, April 28, 2025 | 1:49 pm GMT+7

Private equity firm Creador acquires 13% of Vietnam’s Long Chau pharmacy chain

Private equity firm Creador acquires 13% of Vietnam’s Long Chau pharmacy chain

Creador Sdn. Bhd., a private equity firm headquartered in Malaysia, has acquired a 13% stake in FPT Long Chau Investment JSC, one of Vietnam’s largest pharmacy chains and a subsidiary of retail major FPT Retail.

Companies - Mon, April 28, 2025 | 12:00 pm GMT+7

Major Vietnamese contractor Hoa Binh to raise $133 mln for bank, supplier payments

Major Vietnamese contractor Hoa Binh to raise $133 mln for bank, supplier payments

Hoa Binh Construction Group, one of Vietnam's top contractors, plans a private placement for up to 347 million shares, with an estimated total value of VND3.47 trillion ($133.4 million).

Companies - Mon, April 28, 2025 | 11:51 am GMT+7

Chocolate Alluvia celebrates Vietnam's Reunification Day with 4 HCMC stores to watch the parade

Chocolate Alluvia celebrates Vietnam's Reunification Day with 4 HCMC stores to watch the parade

Xuan Ron Cho Gao Cocoa Co., Ltd., the maker of Alluvia Chocolate from Tien Giang province, is joining the celebration of Vietnam’s Reunification Day - April 30, with four stores favorably positioned around Nguyen Hue and Le Loi walking streets in District 1, Ho Chi Minh City.

Travel - Mon, April 28, 2025 | 8:57 am GMT+7

Two Vietnamese banks to list on stock exchanges in 2025

Two Vietnamese banks to list on stock exchanges in 2025

Vietnamese private lenders VietABank and KienlongBank are set to move their shares from the unlisted public companies market UPCoM to the Ho Chi Minh City or Hanoi stock exchanges in 2025.

Banking - Mon, April 28, 2025 | 8:24 am GMT+7

AI to reshape Malaysia’s economic landscape: expert

AI to reshape Malaysia’s economic landscape: expert

Artificial intelligence (AI) is set to significantly reshape Malaysia’s economic landscape, presenting not only challenges but also groundbreaking opportunities for growth, job creation, and innovation, according to an expert.

Southeast Asia - Sun, April 27, 2025 | 5:35 pm GMT+7