Electronics conglomerates hoping for further incentives 06:00 | 03/03/2021 Vietnamâs attraction of overseas electronics and technology conglomerates cannot be overlooked. However, as the government is focusing on long-term acceleration of research and development and incentives for this sector, a shift from merely manufacturing to creating may soon take place among foreign-invested enterprises. Instead of purely offering foreign investors a manufacturing base, Vietnam places more and more emphasis on R&D. Photo: Shutterstock South Korean conglomerate LG in early February declared to add about $750 million to its LG Display Vietnam facility in the northern port city of Haiphong, raising its total investment capital to $3.25 billion. The move took place as COVID-19 returned.