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2024-03-22 -
LG Electronics begins building R&D centre in Đà Nẵng

LG Electronics begins building R&D centre in Đà Nẵng

ĐÀ NẴNG — Korea’s LG Electronics and Trung Nam Land JSC inked an agreement on Friday with a vision to transform Đà Nẵng into the centre of technology and R D in Việt Nam, creating a mini 'Silicon Valley'.

The agreement marks LG Electronics' co妹妹itment to building its second R D centre in Việt Nam after just one month of preparation.

The Korean giant previously signed a Memorandum of Understanding for the first R D centre in the city with Đà Nẵng’s Investment Promotion Agency on October  六.

Following the agreement, LG Electronics will set up the centre at the Đà Nẵng Information Technology Park Tower in Liên Chiểu District, creating a space for software research and production to serve electronics manufacturing in Việt Nam as well as attracting more subsidiaries of LG from Korea to Đà Nẵng and Việt Nam.

LG Electronics said it would boost co-operation with universities and vocational colleges in Đà Nẵng to train human resources and high-quality manpower for the centre.

LG Electronics begins building R&D centre in Đà Nẵng

Director of LG Vehicle Component Solution Development centre Jung Seung Min said the agreement was the first step in turning Đà Nẵng into a strategic location for LG Electronics and boosting R D after two decades of investment in Việt Nam.

“I am so impressed with the development of Đà Nẵng's leadership vision. It’s the reason we decided to build our second R D centre in Đà Nẵng after the one we opened in Hà Nội four years ago,” Jung Seung Min said.

“We hope to build Đà Nẵng into the biggest R D centre for LG Electronics in Việt Nam, and a centre of advanced technology,” he said.