HCMC – HP Inc. plans to expand its manufacturing operations in Vietnam while also developing a technology ecosystem with a flexible supply chain.
Antoine Colin, senior vice president for Global Digital Transformation and Supply Chain at HP Inc., made the statement during a meeting with Prime Minister Pham Minh Chinh on June 20, according to the Government news site.
During the meeting, the prime minister praised HP’s contributions to Vietnam and affirmed the country’s commitment to facilitating effective and sustainable investment for foreign businesses, including those from the United States.
He called on the tech giant to expand its investment and encourage U.S. partners to increase investment in priority sectors such as high technology, artificial intelligence, and sustainable development, while also promoting a balanced tariff policy between the two countries.
Antoine Colin affirmed that Vietnam is a key market for the company, praising the country’s efforts to improve its investment environment.
He noted that HP’s factory in Vietnam was completed just six months after construction began and that the company is now working with over 40 local suppliers.
HP aims to expand its production in Vietnam with a scale of US$2-3 billion and plans to develop a regional supply chain ecosystem, promote technology transfer, and foster innovation.
He said HP seeks to build a manufacturing ecosystem in Vietnam with synchronized infrastructure, advanced technology, locally sourced components and workforce, and a flexible supply chain.
The tech giant also plans to increase output of personal computers and printers, while expanding into new technology products such as AI-integrated laptops.
