LG to build new R&D center for vehicle component solutions in Da Nang

Tuesday, October 06, 2020, 18:32 GMT+7 tuoitrenews

LG to build new R&D center for vehicle component solutions in Da Nang
Representatives of the Da Nang Investment Promotion Agency (IPA) and the Vehicle Component Solutions – Development Center (LG VS) of LG Electronics Vietnam Hai Phong Co. Ltd. sign a memorandum of understanding on the establishment of a new R&D center in Da Nang City, October 6, 2020. Photo: Tan Luc / Tuoi Tre

South Korean multinational conglomerate LG has announced the establishment of a center for the research and development (R&D) of vehicle components in the central Vietnamese city of Da Nang.

The Da Nang Investment Promotion Agency (IPA) and the Vehicle Component Solutions – Development Center (LG VS) of LG Electronics Vietnam Hai Phong Co. Ltd. on Tuesday signed a memorandum of understanding (MoU) on the center’s foundation.

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