vietnam attractive destination for foreign manufacturing

Vietnam attractive destination for foreign manufacturing

Vietnam has witnessed an increasing wave of foreign companies shifting production to the country in the past year, and growth in the area is expected to continue.
samsung electronics flags sharp q4 profit drop on falling demand

Samsung Electronics flags sharp Q4 profit drop on falling demand

Samsung Electronics said Friday it expected its fourth-quarter operating profits to plunge 69 percent, as the global downturn causes a sharp decline in demand for memory chips and smartphones.
vietnam and korea sign 16 agreements worth 15 billion

Vietnam and Korea sign 16 agreements worth $15 billion

16 MoUs on corporation and investment agreements worth $15 billion were signed in the framework of the Vietnam – Korea Business Forum on December 6.
samsung to raise total investment in vietnam to 20 billion

Samsung to raise total investment in Vietnam to $20 billion

Samsung Electronics vice chairman Han Jong-hee said the company would raise total investment in Vietnam to $20 billion, focusing on artificial intelligence and big data.
promoting vietnam south korea cooperation in the tech sphere

Promoting Vietnam-South Korea cooperation in the tech sphere

On November 28, Vietnam Investment Review will hold an event titled “Technological Investment Cooperation between Vietnam and South Korea”.
ace technologies to build rd centre in vietnam

ACE Technologies to build R&D centre in Vietnam

South Korea-based ACE Technologies Corp. intends to develop an R&D centre and expand its operation in Vietnam.
samsung electronics forecasts 317 fall in q3 profit

Samsung Electronics forecasts 31.7% fall in Q3 profit

Samsung Electronics expects operating profits in the third quarter to fall 31.7 percent, the South Korean tech giant said in a statement Friday, after a global economic downturn hit demand for consumer electronics.
saigon hi tech park to hit 23 billion in export turnover

Saigon Hi-tech Park to hit $23 billion in export turnover

The Saigon Hi-tech Park Management Authority expects its businesses to reach $23 billion in export turnover this year.
samsung vietnam inaugurates hope school in lang son

Samsung Vietnam inaugurates Hope School in Lang Son

Samsung Vietnam on September 8 cooperated with the Republic of Korea’s Food for the Hungry International (KFHI) to officially inaugurate "Samsung Hope School" in Trung Cap village, Mai Pha commune, the northern province of Lang Son on the occasion of the new school year.
vietnam pushes ahead in investment stakes

Vietnam pushes ahead in investment stakes

Foreign direct investment from Asia remains positive in Vietnam, with billions of US dollars pouring into the country over the past year.
vietnams apple shipments more than doubled in q22022

Vietnam’s Apple shipments more than doubled in Q2/2022

Apple saw its shipments more than double during the second quarter of 2022 as it expanded its reach by increasing its official distributors.
samsung boss gets presidential pardon s korea justice minister

Samsung boss gets presidential pardon: S Korea justice minister

The heir and de facto leader of Samsung group received a presidential pardon Friday, the latest example of South Korea's long tradition of freeing business leaders convicted of corruption on economic grounds.
tungsten riches not yet in grip of giants

Tungsten riches not yet in grip of giants

While Vietnam wants to become a top supplier of tungsten for major tech companies, strict controls on source information mean achieving that goal is not guaranteed.
prime minister asks samsung electronics to expand operations in vietnam

Prime Minister asks Samsung Electronics to expand operations in Vietnam

Prime Minister Pham Minh Chinh has asked Samsung Electronics of the Republic of Korea to expand its operations in Vietnam during a reception for the group’s CEO Roh Tae-Moon in Hanoi on August 5.
samsung marks its first shipment of cutting edge 3nm chips

Samsung marks its first shipment of cutting-edge 3nm chips

Samsung Electronics Co. has organised a ceremony on July 25 to celebrate the first shipment of 3-nanometer semiconductors, marking an important milestone in the race to develop the most advanced and efficient chip in the market.