samsung expects second quarter profit to plunge more than 95 percent

Samsung expects second-quarter profit to plunge more than 95 percent

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

MoIT and Samsung launch collaborative Smart Factory Development Project

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.
south korean giants to pour billions of dollars into vietnam

South Korean giants to pour billions of dollars into Vietnam

More than 100 MoUs were signed by South Korean and Vietnamese businesses at the Vietnam-South Korea Business Forum on June 23.
samsung meets with evnnpt to ensure stable power supply

Samsung meets with EVNNPT to ensure stable power supply

Choi Joo Ho, general director of Samsung Display Vietnam, and the representatives of some of its vendors are working with National Power Transmission Company (EVNNPT) to discuss the power supply situation coming up to their peak production season.
samsung vietnam where dreams come true

Samsung Vietnam: Where dreams come true

Following 15 years of successfully achieving remarkable feats in Vietnam, Samsung has now set its sights on fostering a prosperous economy, fulfilling the aspirations of the Vietnamese populace, and cultivating a deep and enduring appreciation for the Samsung brand within the region.
woori bank vietnam partners with samsung vina insurance to offer property insurance services

Woori Bank Vietnam partners with Samsung Vina Insurance to offer property insurance services

Woori Bank Vietnam and Samsung Vina Insurance have forged a strategic alliance to enhance property insurance operations, offering more options to new insurance services for corporate clients while strengthening Woori Bank's competitive position.
south korean chairmen and ceo delegation led by president yoon suk yeol to visit vietnam

South Korean chairmen and CEO delegation led by President Yoon Suk Yeol to visit Vietnam

Chairmen and CEOs from top South Korean conglomerates, including Samsung, SK, Hyundai, LG, Hanwha, Hanjin, and Hyosung, join President Yoon Suk Yeol on his groundbreaking state visit to Vietnam, fostering a transformative landscape for unprecedented collaboration and growth.
samsung vietnam teams up with shinhan bank vietnam on digital payments

Samsung Vietnam teams up with Shinhan Bank Vietnam on digital payments

In a landmark move, Samsung Vietnam and Shinhan Bank Vietnam have joined hands, etching an MoU to revolutionise the digital payment arena in Vietnam on June 14.
apples resilient iphone sales and samsungs dominance amidst declining market

Apple's resilient iPhone sales and Samsung's dominance amidst declining market

A new report by Counterpoint Research highlights the intricate dynamics of the Vietnamese smartphone market, which has encountered formidable obstacles that have prompted retailers to recalibrate their operational approaches and grapple with diminished in-store traffic. Amidst these challenges, Apple's iPhone sales demonstrated resilience during the first quarter, while Samsung successfully sustained its market lead despite confronting a contraction in sales volume.
samsung vietnam ceo drives sustainable development

Samsung Vietnam CEO drives sustainable development

At the conference Stronger Investment Partnerships for a Thriving Vietnam organised by VIR on the morning of May 15, Samsung was noted as one of the nation's most successful foreign-invested enterprises.
vietnam striving for global value chain lift

Vietnam striving for global value chain lift

Vietnam is transforming into a manufacturing-oriented economy via its increasing participation in the global value chain, especially in manufacturing. Nevertheless, amid the post-pandemic reconfiguration, related policies need to be carefully aligned to the country’s development strategy.
intel samsung hammered as chips demand plummets

Intel, Samsung hammered as chips demand plummets

The crucial semiconductor industry, that powers everything from personal computers, smartphones to fighter jets, suffered a dismal first quarter as demand plummeted for chips.
samsung expected to become talent nurturing centre in vietnam deputy pm

Samsung expected to become talent nurturing centre in Vietnam: Deputy PM

The Samsung Group’s effective operations have made important contributions to Vietnam’s electronic industry and trade relations, Deputy Prime Minister Le Minh Khai said at a ceremony on April 20 marking the 10th founding anniversary of the Samsung Electronics Vietnam Thai Nguyen Co. Ltd. and receiving a third-class Labour Order.
vietnamese suppliers to become part of samsungs global value chain

Vietnamese suppliers to become part of Samsung’s global value chain

Joo Ho Choi, general director of the Samsung Vietnam Complex, was the only representative from a foreign-invested enterprise to speak at a conference on February 12 in Quang Ninh on the government's action plan to implement Resolution No.30-NQ/TW dated November 23 from the Politburo on socioeconomic development, national defence, and security in the Red River region to 2030, with a vision to 2045.
deputy pm advises samsung to invest more in vietnam

Deputy PM advises Samsung to invest more in Vietnam

Deputy Prime Minister Le Minh Khai received President of the Republic of Korea (RoK)’s Samsung Electronics Park Hark Kyu in Hanoi on January 13 and suggested that the Korean firm expand its investment in Vietnam to tap opportunities from the sound partnership between the two countries in all fields.