Signing of cooperation agreement with China-India Telephone and Electronics Business Association

12/06/2023 17:41 NT Print article

ANTD.VN - The parties will jointly venture and associate in production and business to form semiconductor chip manufacturing complexes, high-precision mechanical complexes... first in phase 2 of HANSSIP Hanoi Industrial Park.

This afternoon, December 6, the Hanoi Supporting Industry Business Association (Hansiba) and N&G Group Joint Stock Company (N&G Group) signed a cooperation agreement on investment, production and trading of semiconductor chips, circuit boards and precision mechanical components for the electronics and telephone industries and the application of automation technology to support the development of a chain of suppliers for the electronics industry in Vietnam with the China - India - Vietnam Electronics and Telephone Business Association (CMA Association).

HANSIBA Association and N&G Group together with CMA Association and member enterprises of CMA Association shared specifically and extensively about the production and business situation of each side, taking advantage of favorable opportunities of the parties, especially the great opportunity when Vietnam has become a comprehensive strategic partner with the world's powers, including China.

Mr. Nguyen Hoang, Chairman of Hansiba Association/ Executive Chairman of N&G Group and Mr. Yang Shu Cheng, Chairman of CMA Association signed and exchanged cooperation agreements at the event (photo by Khac Kien)

The parties also clarified the development cooperation orientations and agreed to sign a Cooperation Agreement on joint investment, production and trading of semiconductor chips, circuit boards and precision mechanical components for the electronics and telephone industries and the application of automation technology to support the development of a chain of suppliers for the electronics industry in Vietnam for the electronics, aerospace, marine economy , agriculture, forestry and fisheries industries and civil products... together training high-tech workers, management and operation, technology transfer... to serve the semiconductor chip industry, especially the electronics industry, in a truly practical and effective manner in the coming time.

N&G Group will prepare modern, synchronous, high-quality infrastructure in industrial parks developed by N&G Group in the 3 regions of North - Central - South of Vietnam with the criteria of a complete and complete industrial ecosystem such as housing for workers - experts, medical centers, commercial service - sports - cultural areas, schools, specialized high-tech vocational training facilities, logistics, customs ... aiming at the 17 sustainable development goals of the United Nations.

In addition, N&G Group also has many investment support policies, incentives on land rental prices, factory rental prices, fastest one-stop support services and a strategy to train high-quality human resources to attract investment projects, research and development, production of high-tech products from China and internationally, especially in the field of manufacturing microchips, semiconductors, products for electric cars, agricultural machinery, electronic components and aviation, drones ... with high technology towards semiconductor chip products with Vietnamese brands, the goal is for Vietnamese and Chinese enterprises to strongly participate in the global supply chain.

The parties will jointly venture and associate in production and business to form semiconductor chip manufacturing complexes, high-precision mechanical complexes... first in phase 2 of HANSSIP Hanoi Industrial Park and in some specialized industrial parks invested and developed by N&G Group in some other provinces and cities of Vietnam.

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