LiuGong expands operations in Vietnam

October 05, 2023 | 17:33
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The world's 10th-largest construction equipment manufacturer by market share, LiuGong held the opening ceremony of LiuGong Machinery Vietnam Co., Ltd. on Wednesday, marking an important step in the group's development journey, while strengthening LiuGong's strong position in the Vietnamese market.
LiuGong expands operations in Vietnam

The opening event of LiuGong Vietnam in Hanoi is an important step for LiuGong in realising its global development goals, becoming the leading construction machinery supply group in Vietnam, with a sustainable development strategy.

"During the past 20 years, Vietnam has always been a key market for LiuGong Group. Sustainable commitment will boost demand for construction machinery in the near future in Vietnam,” said Luo Guobing, senior vice president of LiuGong Group.

This is also an affirmation of LiuGong's companionship with Vietnam's economic and construction development process - the capital market is considered the focus of LiuGong's development strategy in the region.

“Vietnam is a dynamic economy in the Asia-Pacific region with the government's investment commitment to develop infrastructure, industrial facilities, commercial real estate, and home construction and mining industry have boosted the demand for construction machinery. This is truly a market expansion opportunity for multinational corporations in Vietnam, including LiuGong, aiming to dominate the entire Vietnamese market,” said Zeng GuangAn, chairman of LiuGong Group.

Meanwhile, Luo Guobing, senior vice president of LiuGong Group said, During the past 20 years, Vietnam has always been a key market for LiuGong Group. Sustainable commitment will boost demand for construction machinery in the near future in Vietnam.”

LiuGong has more than 30 product lines, including quarrying, mining, road construction, highways, agriculture and forestry, ports, and other applications in Vietnam, and all products that meet Vietnam's construction requirements.

LiuGong expands operations in Vietnam
The opening event of LiuGong Vietnam in Hanoi was an important step for the company

“We can provide customers with construction equipment and solutions. For example, in mining, we can supply equipment for the entire operation, including surface stripping, drilling and blasting, extraction and transportation. At the same time, together with intelligent operating mode, we can significantly improve operating efficiency and reduce costs,” he said.

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