Apple Inc. (NASDAQ:AAPL) CEO Tim Cook is reportedly planning to enhance the company’s commitments in Vietnam.
What Happened: Cook arrived in Hanoi, Vietnam’s capital, on Monday. During his two-day visit, Cook is scheduled to meet with Vietnamese programmers and content creators, a Vietnamese news website VnExpress reported.
Apple, in a company statement, revealed its plans to augment spending on Vietnamese suppliers and back a local school clean water initiative.
Since 2019, Apple has funneled nearly 400 trillion dong ($16 billion) into Vietnam through its supply chain partners, reported Bloomberg.
This visit coincides with over 60 human rights and environmental organizations urging the Cupertino, California-based company to publicly denounce the detention of climate activists in Vietnam.
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Over the past decade, Vietnam has witnessed a significant surge in companies assembling Apple products, with a reported fourfold increase.
Apple did not immediately respond to Benzinga's ...