Caixin
Feb 29, 2024 06:15 PM
WORLD

Vietnam Seeks Tech Transfer From Chinese Energy Giant

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A PowerChina booth at the 20th China-ASEAN Expo in Nanning on Sept. 16, 2023. Photo: VCG
A PowerChina booth at the 20th China-ASEAN Expo in Nanning on Sept. 16, 2023. Photo: VCG

(Nikkei Asia) — Vietnam’s government has requested technology transfers from energy and construction giant PowerChina Construction Group Co. Ltd. as Chinese businesses join the swell of foreign companies shifting investment into the Southeast Asian country.

Deputy Prime Minister Tran Hong Ha welcomed PowerChina’s executives to Hanoi on Tuesday, where they discussed wind and solar projects, as well as cross-border rail under Beijing’s Belt and Road Initiative, according to the government’s official website.

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