Vingroup Group invests $ 1.2 trillion in smart electronics manufacturing plant
00:22 - 19/12/2018
HIGH QUALITY PRODUCTS IN THE WELDING AND CUTTING TECHNOLOGY INDUSTRY IMPRESSED AT METAL & WELD 2023 (NICHIA / NIKKO-Japan welding materials)
Opening of Vietnam Industry and Manufacturing Exhibition (VIMF) 2023
The North has its first semiconductor production project
VinFast officially listed on Nasdaq Globalmarket, capitalization of more than 23 billion USD
Vingroup Group invests $ 1.2 trillion in smart electronics manufacturing plant
The two sides agreed that in the period 2018-2020 with a vision to 2025, Vingroup will invest in the production of hi-tech products in Hoa Lac Hi-Tech Park. To develop, develop and produce hi-tech industries; housing development, trade and services.
Mr. Nguyen Trung Quynh, Deputy Director of Hoa Lac Hi-Tech Park Management Board and Mr. Nguyen Viet Quang, Vice President and General Director of VinGroup, signed a strategic cooperation agreement. |
Right after the signing ceremony, Hoa Lac Hi-Tech Park Management Board handed over the investment decision to Vinsmart Research and Production JSC under Vingroup to implement the project " intelligent in Hoa Lac HTP.
The project has a total investment of nearly VND1,200 billion, which will be implemented soon after being granted investment decision and is expected to come into operation in the second quarter of 2019. After going into operation, the project will Production of 3 million to 4 million smart electronics products per year for domestic market and export.