BYD Electronics Viet Nam, located at Phu Ha Industrial Park in Phu Tho Province, first received an investment certificate in August 2021, with a subsequent adjustment made in July 2022 bringing the total registered investment capital to 269 million USD.
Receiving the Phu Tho provincial delegation in Shenzhen on April 18, Han Shulin, General Director of BYD Electronics Viet Nam, provided an overview of the BYD group's global development and strategy, as well as the operations and outlook of its Vietnamese subsidiary.
BYD is a leading global technology group operating across the automotive, rail transport, electronic components, and renewable energy sectors.
Phu Tho Chairman Tran Duy Dong praised BYD’s achievements and vision, affirming that the group is at the forefront of the global transition to green mobility.
He noted that Phu Tho aims to become one of the country’s leading centres for high-tech manufacturing, with a particular focus on the electronics, automotive, and motorbike industries.
Phu Tho Province currently has 57 planned industrial parks, 30 of which are already operational, covering more than 5,800 hectares, with fully developed infrastructure and serviced land available for immediate investor use.
On the occasion of the visit, Dong presented an investment registration certificate to BYD Electronics Viet Nam, increasing its investment capital by 479.8 million USD.
He said that the procedures were completed within 24 hours of submission under the “green channel” mechanism.
This demonstrates the province’s commitment to administrative reform and its determination to create a supportive environment for investors.
He also expressed hope that BYD would implement the project on schedule and explore the possibility of establishing an electric vehicle assembly plant in the province.
