Vietnam's leader Lam meets US corporations, pledges to boost tech economy

25/9/2024 14:18

        Vietnam's President To Lam pledged to expand the country's semiconductors and AI industry in meetings with top U.S. corporations in New York, as the Communist-ruled nation seeks more investment from tech firms and other American companies.
        
        In his first visit to the United States as Vietnam's president, Lam is scheduled to meet with U.S. President Joe Biden later on Wednesday.
        
        Lam held meetings with several U.S. companies, including tech corporations Apple and Meta, and financial firms Blackstone and Warburg Pincus, according to pictures of handshakes with the companies' representatives published on Vietnam's government portal.
        
        Lam, who is also the general secretary of the Communist Party, Vietnam's most powerful job, plans to meet Google later on Wednesday, according to a person familiar with his schedule, confirming a Reuters report from last week.
        
        At the meeting with Lam on Monday, Meta's President for global affairs Nick Clegg shared plans for production in Vietnam of virtual reality glasses, according to Vietnam's government portal.