Vietnam seeks tech transfer from Chinese energy giant

PowerChina among foreign investors shifting business to Southeast Asian country

20240228 PowerChina

Vietnam is seeking technology transfers from energy and construction giant PowerChina. (Nikkei montage/Source photos by AP)

LIEN HOANG, Nikkei staff writer

HO CHI MINH CITY -- Vietnam's government has requested technology transfers from energy and construction giant PowerChina 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.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.