On the afternoon of 15/11, General Secretary To Lam met with Wang Laicheng, Vice Chairman of Chinese group Luxshare-ICT.

During the meeting, Luxshare-ICT Vice Chairman Wang Laicheng expressed confidence in Vietnam's development prospects. He stated that the group would continue to expand its business and implement major investment projects focused on science, technology, and innovation in Bac Ninh province and other localities.

General Secretary To Lam met with Wang Laicheng, Vice Chairman of Luxshare-ICT. Photo: VNA

These new projects are projected to have a sales scale of no less than 10 billion USD. This investment aims to enhance Vietnam's position in the regional and global high-tech industry chain.

General Secretary To Lam affirmed that the Party and State provide all favorable conditions and equal treatment for foreign enterprises operating and investing in Vietnam. He emphasized the continuous improvement of the business environment to be fairer, more transparent, and more convenient.

The Party leader outlined several priority areas for Luxshare-ICT to further increase investment in Vietnam. These include the digital and green economies, science and technology, innovation, electronic components, and semiconductor industry development. The General Secretary also encouraged the group to transfer technology and support high-quality human resource training for Vietnam.

Wang Laicheng stated that Vietnam is the most important manufacturing hub among the 29 countries and territories where Luxshare-ICT has overseas investments. He affirmed a strong focus on training and upskilling Vietnamese personnel, noting that the group has the leading localization rate for personnel among foreign enterprises.

Luxshare-ICT has operated in Vietnam for 10 years, specializing in manufacturing electronic components for major brands such as Apple, Samsung, Lenovo, Sony, Asus, and Huawei. The group has invested over 1,8 billion USD, creating jobs for tens of thousands of local workers.

Bao Bao