On the afternoon of 1/10, at Trang Due Industrial Park, LG Innotek Vietnam Hai Phong Co., Ltd. held a ceremony marking its 10th anniversary (2016 – 2026), celebrating 10 years of investment, production and development in Hai Phong.
The ceremony was attended by Le Ngoc Chau, Member of the Party Central Committee, Secretary of the City Party Committee and Head of the Hai Phong National Assembly Delegation; Do Thanh Trung, Deputy Secretary of the City Party Committee and Chairman of the City People’s Committee; Le Trung Kien, Member of the Standing Committee and Vice Chairman of the City People’s Committee; Pham Van Thep, Member of the Standing Committee and Director of HEZA; representatives of city departments and agencies; and leaders of LG Innotek Group.
From a 550-million-USD project to a production, research and development complex
Speaking at the ceremony, Chairman Do Thanh Trung congratulated LG Innotek Vietnam Hai Phong on its achievements after 10 years of operation. From an initial investment of 550 million USD, the company’s total investment has now exceeded 2 billion USD.
According to city leaders, LG Innotek’s investment expansion demonstrates investors’ confidence in Hai Phong’s investment and business environment. Over the past 10 years, the company has not only created jobs but also helped train thousands of Vietnamese workers and improve their technological and management capabilities, contributing to Hai Phong’s deeper participation in global value chains.
The city recognises and highly values LG Innotek’s contributions to socio-economic development, particularly job creation, workforce development, social welfare activities and community responsibility.
LG Innotek Vietnam Hai Phong currently employs more than 6.500 Vietnamese workers, together with Korean workers and engineers. The Chairman asked the company to continue caring for workers and strengthen workforce training and development, especially for Vietnamese workers, creating conditions for more Vietnamese workers to master technology and take on important management, technical and professional positions.
Hai Phong will continue accompanying and facilitating enterprises
Affirming the role of FDI enterprises in the city’s economic development, Chairman Do Thanh Trung said Hai Phong would continue improving its investment and business environment, developing social infrastructure and human resources, accelerating administrative reform, and accompanying LG projects in general and LG Innotek in particular during implementation in the city.
The city expects LG Innotek to continue developing in harmony with the economy, people and environment, expand production, research and development, and increase its value contribution to the locality.
With the investment foundation, technological capabilities and workforce built over the past 10 years, together with the city’s support, LG Innotek Vietnam Hai Phong is expected to continue expanding its scale, improving production capacity and participating more deeply in global value chains in its new development phase.
Towards the 2026 – 2036 development journey
Speaking at the anniversary ceremony, Moon Hyuk-soo, Chairman and CEO of LG Innotek, recognised and highly valued LG Innotek Vietnam Hai Phong’s achievements over the past 10 years. Initially planned as a production centre in Vietnam, LG Innotek Vietnam Hai Phong has developed into a complex covering production, research and development, quality management, and customer and worker care.
In the coming period, LG Innotek will continue expanding investment and developing additional plants and new production fields in Hai Phong. The company’s leaders expressed their hope for continued support from city leaders, departments, agencies and partners so that the company can develop stably and over the long term in Hai Phong.
At the ceremony, LG Innotek Vietnam Hai Phong announced its development orientations and objectives for 2026 – 2036 and joined city leaders in launching a new development journey under the message “Together into the next decade”.
On this occasion, LG Innotek Vietnam Hai Phong and 3 former and current company CEOs received Certificates of Merit from the Chairman of the City People’s Committee for their contributions over 10 years of operation. The company also honoured staff and workers who have contributed to building and developing the enterprise over 10 years.
With its achievements and plans to expand investment, LG Innotek Vietnam Hai Phong will remain one of the city’s large-scale FDI projects, contributing to industrial development, job creation and improved production and technological capacity. Hai Phong will continue accompanying the company and creating favourable conditions for stable, effective development and increasingly practical contributions to the city’s socio-economic development.
Source: Le Hiep – Le Dung (Hai Phong Newspaper)
Content and images compiled by:
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