Luxshare-ICT will invest heavily in science, technology and innovation in Bac Ninh and other localities, with a sales scale of no less than 10 billion USD.
On the afternoon of November 15, General Secretary To Lam received Mr. Vuong Lai Thang, Vice President of Luxshare-ICT Group (China).
At the meeting, Vice President of Luxshare-ICT believed in Vietnam’s development prospects, and affirmed that the group will continue to expand its business, implementing a number of large investment projects in science, technology, and innovation in Bac Ninh province and other localities.
General Secretary To Lam received Mr. Vuong Lai Thang, Vice President of Luxshare -ICT. Image: VNA
New projects have a turnover of no less than 10 billion USD, contributing to enhancing Vietnam’s position in the high-tech industry chain in the region and the world.
The General Secretary affirmed that the Party and State provide favorable conditions and equal treatment to foreign businesses doing business and investing in Vietnam, while constantly improving the business environment towards more fairness, transparency and convenience.
Party leaders stated a number of priorities for Luxshare-ICT to continue to increase investment in Vietnam, including digital economy, green economy, science and technology, innovation, electronic components, and semiconductor industry development. The General Secretary also encouraged the group to transfer technology and support the training of high-quality human resources for Vietnam.
Mr. Vuong Lai Thang said Vietnam is the most important production center among the 29 countries and territories Luxshare-ICT invests in abroad. He also affirmed that he always focuses on training and improving the qualifications of Vietnamese human resources, with the highest rate of human resource localization among foreign enterprises.
Luxshare-ICT has been doing business in Vietnam for 10 years, specializing in manufacturing electronic components for big brands such as Apple, Samsung, Lenovo, Sony, Asus and Huawei. The group has invested more than 1.8 billion USD, creating jobs for tens of thousands of local workers.