Delta Electronics, a smart and green solutions provider from Thailand has announced via the Stock Exchange of Thailand that it will establish a new subsidiary in Vietnam following its Board of Directors meeting held at the company headquarters in Samutprakarn, Thailand.
Delta Thailand’s Board of Directors announced that it will officially establish the new Vietnamese subsidiary within the second or third quarter of 2020. The wholly-owned subsidiary of Delta Thailand will be incorporated in Vietnam with the registered capital of $500,000. The new company will trade and provide smart and green business solutions using Delta’s electronics products to benefit stakeholders and support local customers.
Related: How to setup a foreign Subsidiary Company in Vietnam
Jackie Chang, president of Delta Electronics (Thailand), said, “Delta is eager to tap into the vast potential of the Vietnamese market and work with our local partners to support the country’s development. Delta’s solutions for manufacturing automation, data centres, renewable energy, and e-mobility are critical to smart city transformation and can add great value for local customers while boosting their competitiveness. We expect Vietnam to play a key role in driving regional development, and Delta is ready to take an active role in the country’s growth story.”
As a smart and green solutions provider, Delta Thailand works to develop and install localised total solutions for customers in Southeast Asia. In Vietnam, Delta works with partners in the telecom and manufacturing sectors to create high-performance, energy-efficient, flexible, and sustainable solutions that deliver on the company’s brand promise: Smarter. Greener. Together.
By Thanh Van @ VIR
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