President witnesses US Quantum Group’s deal with Vietnamese joint venture

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(VOVWORLD) - President Nguyen Xuan Phuc on Wednesday met Arun Savkur, CEO of the US’s Quantum Group, in New York and witnessed a cooperation agreement between Quantum and a Vietnamese joint venture – that of the Kinh Bac City Development Holding Corporation (KBC) and the Saigon Telecom Technology Joint Stock Company (SAIGONTEL).
President witnesses US Quantum Group’s deal with Vietnamese joint venture - ảnh 1President Nguyen Xuan Phuc meets with Arun Savkur, CEO of the US’s Quantum Group. (Photo: VNA)

Savkur said Quantum is committed to contributing to Vietnam’s development with a series of projects worth as much as 30 billion USD. Quantum wants to support Vietnam’s COVID-19 fight by operating healthcare facilities that combine the West’s cutting-edge technology and Oriental traditional medicine. Savkur said Quantum intends to invest in building a center in Vietnam for COVID-19 vaccine production. He said he is optimistic that Quantum’s investment projects in Vietnam will bolster Vietnam-US economic relations.

President Phuc praised Quantum’s achievements around the world, and said Quantum’s investment projects in Vietnam are of strategic importance, especially those in high-tech industrial production and infrastructure. He encouraged Quantum to invest in biotechnology research and other healthcare-related projects.

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