China Group commits to implementing a project worth no less than 10 billion USD in Vietnam

Thanh Hà |

The Chinese corporation Luxshare-ICT will implement a number of large investment projects in Vietnam with the sales scale of the new project not less than 10 billion USD.

On the afternoon of November 15, at the Party Central Committee Headquarters, General Secretary To Lam received Mr. Vuong Lai Thang - Vice President of Luxshare-ICT Group, China.

According to VNA, at the meeting, the General Secretary highly appreciated and welcomed the Luxshare-ICT Group's interest in promoting investment and business cooperation in Vietnam over the past 10 years, with a total investment capital of more than 1.8 billion USD, creating jobs for tens of thousands of workers.

Thanking Mr. Vuong Lai Thang for his positive assessment of Vietnam's development prospects, the General Secretary affirmed that Vietnam has achieved encouraging results and will continue to strive to maintain political - social stability, growth and economic development.

Appreciating the positive progress in political relations and substantive cooperation in various fields between Vietnam and China in recent times, the General Secretary said that these are solid conditions and foundations for businesses of the two countries to feel secure in enhancing exchanges, expanding cooperation, and reaping successes together, contributing to strengthening the solidarity of interests between the two countries.

The General Secretary shared his vision for development and the important role of science and technology, innovation and digital transformation in creating new momentum, promoting the country's breakthrough development in the new era.

The General Secretary affirmed that the Party and State of Vietnam always welcome foreign enterprises to expand investment, cooperation and success in Vietnam, will give all favorable conditions and treat all foreign enterprises that are doing business and investing in Vietnam equally, constantly improving the investment and business environment towards more fairness, transparency and convenience.

The General Secretary outlined 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 the development of the semiconductor industry; promote technology transfer and support training of high-quality human resources for Vietnam.

Vice President of Luxshare-ICT Group Vuong Lai Thang expressed his honor and sincerely thanked the General Secretary for taking the time to meet; reported to the General Secretary on the Group's business and development results; emphasized that the Group always considers Vietnam as the most important production center among the 29 countries and territories in which the Group invests abroad.

The leader of Luxshare-ICT Group affirmed that he always focuses on training and improving the qualifications of Vietnamese engineers and human resources with the group's personalization rate always at the top among foreign enterprises.

Agreeing with the General Secretary's important guiding opinions and expressing confidence in Vietnam's development prospects, Mr. Vuong Lai Thang affirmed that Luxshare-ICT will continue to invest and expand its business in Vietnam through the implementation of a number of large investment projects in science, technology and innovation in Bac Ninh province and other localities with the sales scale of the new project not less than 10 billion USD, thereby contributing to enhancing Vietnam's position in the high-tech industry chain in the region and the world.

Thanh Hà
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