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Foreign-invested enterprises' export turnover accounts for 73 per cent
04-01-2024 18:07
Foreign-invested enterprises (FIEs) contributed $259.95 billion out of Vietnam’s total export turnover of $355.5 billion in 2023, equalling 73.1 per cent.
Licence penalties incurred by foreign electronics groups
21-12-2023 10:52
A series of electronic component and telecommunications equipment manufacturers have been fined for flouting construction and environmental regulations.
Chinese display maker BOE expands operations in Vietnam with $300 million investment
22-11-2023 13:56
The China-based display maker Beijing Oriental Electronics Group (BOE) is set to invest $300 million in Vietnam's smart terminal project.
Samsung cements status as premier foreign investor in Vietnam
01-11-2023 17:19
In a meeting with Vietnamese Prime Minister Pham Minh Chinh on October 31, Park Hark Kyu, president and CFO of Samsung Group, highlighted Vietnam as an essential global economic player, expressing the company's intention to maintain its position as the largest foreign-invested enterprise (FIE) in Vietnam for some time.
Vietnam goes long on semiconductors
19-10-2023 10:00
The semiconductor industry in Vietnam is gaining momentum with many global heavyweights investing, yet there are many challenges, particularly to a shortage of skilled human resources.
More companies embrace sustainable development
16-10-2023 12:00
Increasingly, companies across Vietnam are embracing corporate responsibility, sustainability, and building community relations. The presence of names such as Samsung, PetroVietnam, Sabeco, BRG, SeABank, Vingroup, Sun Group, Coninco, Kinderworld, and Gelex in community activities over the years is obvious.
Shinhan Bank Vietnam forges partnership with Samsung Vina Insurance
12-10-2023 12:18
Shinhan Bank Vietnam and Samsung Vina Insurance have just announced the signing of a cooperation agreement to distribute Samsung Vina Insurance's property insurance products to the valuable corporate customers of Shinhan Bank Vietnam.
Vietnam sees a low rate of technology transfer from FIEs
11-09-2023 09:33
Vietnamese authorities highlighted the significant role of overseas funding in the nation's economic transformation and focused on the need to improve technology transfer mechanisms.
Vietnam's 500 most profitable firms for 2023 unveiled
08-09-2023 16:40
The latest PROFIT500 rankings, released on September 8 in partnership with Vietnam Report and Vietnamnet, highlight the 500 most profitable companies in Vietnam for 2023, with industry titans like Vietnam Oil and Gas Group (PetroVietnam) and Samsung Electronics topping the chart.
Apple relocates 11 manufacturing units to Vietnam
06-09-2023 18:16
Apple has finalised the relocation of 11 of its audio device production facilities to Vietnam, marking a significant shift in the company's global supply chain strategy.
Vietnam to train up to 50,000 semiconductor engineers
07-08-2023 16:54
At the monthly government meeting on August 5, Prime Minister Pham Minh Chinh tasked the Ministry of Planning and Investment (MPI), the Ministry of Information and Communications, the Ministry of Education and Training, and the Ministry of Science and Technology to develop a plan to train between 30,000 and 50,000 engineers and 100 experts in digital transformation and manufacturing semiconductors.
Vietnam considers Samsung Vietnam success story in FDI: Deputy PM
21-07-2023 16:12
Deputy Prime Minister Tran Luu Quang on July 21 received CEO of Samsung Vietnam Choi Joo Ho, during which he affirmed that the Vietnamese Government considers Samsung Vietnam as a success story in terms of foreign direct investment in the country.
Samsung Hope School gives wings to dreams of young people
21-07-2023 11:03
Samsung Vietnam and Korea Food for the Hungry International (KFHI) on July 20 jointly held the 10th anniversary of the establishment of Samsung Bac Ninh Hope School (Vietnam Korea Cooperation Centre).
Samsung expects second-quarter profit to plunge more than 95 percent
07-07-2023 14:57
Samsung Electronics said Friday it expects second-quarter operating profits to fall more than 95 percent on-year to their lowest level in 14 years, as a global glut of semiconductors continues to hurt its core memory sector.
MoIT and Samsung launch collaborative Smart Factory Development Project
04-07-2023 12:34
The Ministry of Industry and Trade (MoIT), in partnership with Samsung Vietnam, has initiated Phase 1 of the Smart Factory Development Cooperation Project for 2023.
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