Samsung forecasts Q1 operating profit up 50.3% year-on-year

Samsung forecasts Q1 operating profit up 50.3% year-on-year

Samsung Electronics expects operating profits for the first quarter to rise 50.3 percent, the South Korean tech giant said in a statement Thursday, despite global supply chain woes.
Samsung hopes for favourable conditions to expand in Danang

Samsung hopes for favourable conditions to expand in Danang

Samsung Vietnam expressed its interest in increasing investment activities in the central region, particularly Danang.
Samsung Vietnam supports smart factory development

Samsung Vietnam supports smart factory development

The Ministry of Industry and Trade and Samsung Vietnam on February 22 signed a Memorandum of Understanding on cooperation in smart factory development.
Foreign investors affirm confidence in Vietnam's economic recovery in post-COVID-19

Foreign investors affirm confidence in Vietnam's economic recovery in post-COVID-19

The fourth outbreak of the COVID-19 pandemic starting from late April has had more negative impacts on daily life as well as socio-economic development than the previous waves in the country.
Samsung Vietnam helps local firms join global supply chain

Samsung Vietnam helps local firms join global supply chain

Leaders of the northern province of Bac Ninh and Samsung Vietnam on August 26 made a trip to evaluate the results of the two enterprises including Hanpo Vina Joint Stock Company and Thinh Vuong Manufacturing and Trading Co Ltd participating in the "domestic business improvement consulting programme".
FIEs retain pole position in bolstering trade surplus

FIEs retain pole position in bolstering trade surplus

While many developed countries have been struggling with the pandemic, Vietnam has maintained a trade surplus of nearly $1.29 billion in the first two months of 2021.
Vietnam a strategic destination for Samsung’s R&D activities

Vietnam a strategic destination for Samsung’s R&D activities

Samsung Vietnam plans to expand its investment in Vietnam by setting up a research and development (R&D) centre, strengthening cooperation with domestic enterprises, and taking part in public infrastructure projects, its General Director Choi Joo Ho has said.
Samsung Electronics Q3 net profit leaps after Huawei boost

Samsung Electronics Q3 net profit leaps after Huawei boost

Samsung Electronics' net profit jumped by almost half in the third quarter, it reported Thursday, as the South Korean giant's mobile and chip businesses were boosted by US sanctions against Chinese rival Huawei.
An Phat Holdings successfully completes consultancy programme of MoIT and Samsung Vietnam

An Phat Holdings successfully completes consultancy programme of MoIT and Samsung Vietnam

An Phat Holdings has achieved outstanding results at the consulting programme of the Ministry of Industry and Trade and Samsung Vietnam.
Samsung Vietnam commits to supporting local suppliers

Samsung Vietnam commits to supporting local suppliers

The cooperation between Samsung Electronics Vietnam, the MoIT, and Bac Ninh People’s Committee will help local supporting companies improve competitiveness.
Getting a lift from tech investment

Getting a lift from tech investment

The increase of global tech titans landing in Vietnam is hoped to facilitate local suppliers.
Vietnam bucking the trend in foreign direct investment

Vietnam bucking the trend in foreign direct investment

Foreign direct investment has continued to serve as a key driving force for Vietnam’s socioeconomic development, sailing through difficulties in spite of the ongoing health crisis.
PM commits further support to Samsung Vietnam

PM commits further support to Samsung Vietnam

The Vietnamese Government, ministries, agencies and localities will continue providing all possible support for Korean businesses and corporations, including Samsung, to continue doing business successfully in Vietnam, said Prime Minister Nguyen Xuan Phuc.
Crunch time for labour-intensive areas

Crunch time for labour-intensive areas

As the country faces an unexpected economic crisis, industrial zones are reeling to protect enterprises vulnerable to diseases, especially those labour-intensive businesses that play an important role in the nation’s exports.
An Phat Holdings the propeller of Hai Duong's supporting industries

An Phat Holdings the propeller of Hai Duong's supporting industries

An Phat Holdings was highlighted as a major force behind the supporting industry in Hai Duong by pioneering high-tech and increasing its localisation ratio.
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