Skoda Auto, Seven Global Investments encouraged to expand in Vietnam

(VOVWORLD) - Prime Minister Pham Minh Chinh has described Skoda Auto’s decision to partner with Thanh Cong Group for investment in Vietnam as the right choice.
Skoda Auto, Seven Global Investments encouraged to expand in Vietnam - ảnh 1PM Pham Minh Chinh meets Klaus Zellmer, Chairman of the Board of Management of Skoda Auto, Prague, Czech Republic, January 19, 2025. (Photo: VNA)

At a reception in Prague on Sunday for Klaus Zellmer, Chairman of the Board of Management of Skoda Auto, PM Chinh urged the biggest automobile manufacturer in the Czech Republic to work closely with the Vietnamese Ministry of Industry and Trade (MoIT) and relevant agencies to discuss its completely-knocked-down (CKD) vehicle assembly project in Vietnam.

He encouraged Skoda to invest on a large scale, focusing on high-tech products, technology transfer and localization. 

The same day,  PM Chinh received Pavel Tykač, the owner of Seven Global Investments and SK Slavia Praha Football Club.

Seven Global Investments is an investment group based in the Czech Republic, operating in many countries worldwide, with a focus on long-term investments in power generation, coal mining, metallurgy, and natural resource extraction.

With roughly 3 billion euros in equity value, Seven Global Investments seeks to acquire a controlling stake in the Mong Duong 2 BOT thermal power plant in Vietnam.

PM Chinh said he hopes that the plant would operate at full capacity and bring value to shareholders, employees and the community. He also emphasized the plant's role in supporting the global energy transition process, particularly in Vietnam.

Mr. Chinh suggested that, with its capabilities and strengths, Seven Global Investments should expand its investments in Vietnam into areas such as batteries, clean energy like wind and solar power, sports and culture, particularly football.

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