A surge of investment in high-tech projects and R&D centres is driving demand for industrial infrastructure, underpinning growth in Vietnam’s industrial real estate market.

Deputy Prime Minister Tran Luu Quang received General Director of Samsung Vietnam Choi Joo Ho in Hanoi on March 4.

VOV.VN - Deputy Prime Minister Tran Luu Quang expressed his desire for LG Group to continue expanding investment in Hai Phong and other localities, while proposing that the group move to invest in building a research and development (R&D) centre in Vietnam.

It is critical for pharmaceutical companies to improve competitiveness with a focus on research and development (R&D), production technology and digitalisation.

LG Electronics Inc. said on March 9 that it is scaling up its research and development operations in Vietnam to respond to a rapidly growing electric vehicle (EV) parts business.

VOV.VN - Vietnam has attracted more than US$14 billion in foreign direct investment (FDI) in the first half of 2022, and electronic giant Samsung has attained its position as the largest investor thanks to its additional large-scale investments.

Samsung Vietnam plans to expand its investment in Vietnam by setting up a research and development (R&D) centre, strengthening cooperation with domestic enterprises, and taking part in public infrastructure projects, its General Director Choi Joo Ho has said.

The Republic of Korea (RoK)’s LG Electronics and Trung Nam Land JSC inked an agreement on October 30 with a vision to transform Da Nang into the centre of technology and R&D in Vietnam, creating a mini 'Silicon Valley'.

Authorities in the central city of Da Nang have approved an investment proposal by Fujikin Incorporated from Japan for an R&D centre at Da Nang High-Tech Park worth a total of US$35 million.