samsung flags near 60 operating profit jump after huawei boost

Samsung flags near-60% operating profit jump after Huawei boost

Samsung Electronics flagged a leap of nearly 60 percent in third-quarter operating profits Thursday, as its mobile and chip business were boosted by US sanctions against its 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.
south korea and vietnam move to buck pandemic

South Korea and Vietnam move to buck pandemic

Vietnam and South Korea are expected to resume an increase in trade and investment thanks to an agreement to facilitate entry for the movement of persons into their respective territories, which have been deterred by the health crisis.
samsung vietnam commits to supporting local suppliers

Samsung Vietnam commits to supporting local suppliers

The cooperation between Samsung Electronics Vietnam, the Ministry of Industry and Trade (MoIT), and Bac Ninh People’s Committee will help local supporting companies improve their competitive capacity.
supply chain growth can outpace southeast asia

Supply chain growth can outpace Southeast Asia

Vietnam is a standout among Southeast Asian countries with its range of advantages in attracting foreign investment. VIR’s Binh An talked with C. K. Tong, CEO of BW Industrial Development JSC, about his assessment of Vietnam’s position in the regional supply chain as well as its post-pandemic potential.
vietnam might become largest manufacturing facility of samsung

Vietnam might become largest manufacturing facility of Samsung

Samsung Electronics will close its sole Chinese TV factory in November and shift part of its operations to Vietnam while recategorising its factory in Ho Chi Minh City as an export processing enterprise.    
vietnam enjoys large trade surplus in august thanks to samsung note 20 exports

Vietnam enjoys large trade surplus in August thanks to Samsung Note 20 exports

The growth of Vietnam's export turnover in the past month is mainly driven by Samsung Complex’s new Note 20, according to Bao Viet Securities (BVSC).
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.
asean aiming for tech led innovation to foster growth

ASEAN aiming for tech-led innovation to foster growth

Despite global supply chain bumps stemming from COVID-19, ASEAN countries are becoming a rising hub destination for global manufacturers thanks to well-established trade networks, a growing middle class, a thirst for tech expansion, and a young and educated workforce.
promoting the capability of vietnamese suppliers

Promoting the capability of Vietnamese suppliers

A series of development cooperation activities are being implemented by Samsung in Vietnam on the basis of stability and safety amid the ongoing coronavirus pandemic. Kim Dong Hwan, vice president of Samsung Vietnam, in charge of Vietnam Procurement Center, spoke to VIR’s Hai Van about the priority of new technology and Vietnam’s potential for further investment.
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.
south korean tech titans tracking cost advantage

South Korean tech titans tracking cost advantage

Recognising the vast potential of Vietnam’s developing IT industry, more South Korean high-tech tech firms are looking to ramp up their production in the Southeast Asian country.
samsung highlights challenging administrative procedures

Samsung highlights challenging administrative procedures

Samsung raised several proposals to make life easier for South Korean businesses in Vietnam, calling attention to sluggish administrative procedures, especially when adjusting investment capital.
south korean investment ties aided

South Korean investment ties aided

Vietnam and South Korea are expected to implement a plan on opening their doors wider for each other to boost trade and investment ties as both have been almost successful in flattening the pandemic curve quickly.