Vietnam Province Urges Chinese Tech Giant Luxshare to Expand and Link with Samsung Supply Chain

Vietnam's Thai Nguyen province is actively encouraging China's Luxshare to increase its local investments and integrate into major electronics supply chains.

The push targets stronger ties with South Korea's Samsung and other global technology corporations.

Potential Benefits for Regional Manufacturing

Provincial leaders recently visited Luxshare headquarters in Suzhou to discuss new projects including a possible plant in Yen Binh industrial park.

Cooperation could cover telecommunications equipment production and advanced digital infrastructure development.

Luxshare already operates facilities in Bac Ninh and Nghe An but has yet to invest in Thai Nguyen.

Officials promised full support and favorable conditions for any future projects in the province.

Broader Economic Ties and Future Growth

Luxshare has maintained operations in Vietnam for more than ten years with total investments exceeding 1.8 billion dollars.

The company views Vietnam as a key manufacturing base in its global strategy and is open to further expansion in high-tech areas.

Bilateral trade between Vietnam and China reached 256 billion dollars in 2025 while Chinese foreign direct investment in Vietnam totaled 35.4 billion dollars.

Such developments can create jobs and support technology transfer that benefits everyday workers and local communities over time.