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Samsung forecasts Q1 operating profit up 50.3% year-on-year
08-04-2022 16:00
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
04-04-2022 16:05
Samsung Vietnam expressed its interest in increasing investments in the central region, particularly Danang, and is now hoping for favourable conditions to realise this endeavour.
Thai Nguyen ranks second in FDI attraction in two months
11-03-2022 17:57
The northern province of Thai Nguyen with the issuance of of a licence to to Samsung Electro-Mechanics Vietnam Co., Ltd under Samsung Corporation of the Republic of Korea to add 920 million USD to its project, ranked second in attracting foreign direct investment (FDI) in the first two months of 2022, behind Bac Ninh.
Samsung Vietnam supports smart factory development
22-02-2022 15:36
The Ministry of Industry and Trade and Samsung Vietnam on February 22 signed a Memorandum of Understanding on cooperation in smart factory development.
Samsung Electronics not to move manufacturing base to RoK
21-02-2022 10:11
Samsung Electronics has confirmed that it has relocated two smartphone production lines of its business partners from Vietnam's northern Thai Nguyen province to its Gumi plant in North Gyeongsang province of the Republic of Korea (RoK).
RoK firm adds 920 million USD to project in Thai Nguyen
16-02-2022 16:01
Authority of the northern province of Thai Nguyen on February 16 handed over a licence to Samsung Electro-Mechanics Vietnam Co., Ltd (SEMV) under Samsung Corporation of the Republic of Korea to add 920 million USD to its project in the Yen Binh industrial park (IP) in Pho Yen town.
Smartphone market of Vietnam expected to pick up speed in 2022
11-02-2022 08:00
Based on an on-year comparison with 2021, Vietnam’s smartphone market is expected to continue to grow in 2022 and become one of the most competitive ones in Southeast Asia.
Samsung Electronics CEO Han Jong-hee visits Vietnam
09-02-2022 19:00
Han Jong-hee, vice chairman cum CEO of Samsung Electronics, is reportedly in Vietnam at the moment to finalise preparations for the South Korean tech giant's annual Galaxy Unpacked presentation this week.
Vietnam on way to become world’s production hub: Sputnik
09-02-2022 10:06
Vietnam is expected to become a new production hub of the world, as “Made in Vietnam” products are winning larger shares in the international market, according to Russia's Sputnik news agency.
Samsung to build Vietnam’s first combined cycle power plant
03-02-2022 23:45
Samsung C&T Corp., the construction unit of Samsung Group, has announced it had obtained a plant deal worth 510 million USD from Vietnam.
Samsung Vietnam reports $74.2 billion in revenues in 2021
24-01-2022 18:00
Samsung achieved $74.2 billion in revenues and $65.5 billion in export turnover in 2021, up 14 and 16 per cent on-year, respectively, reinforcing the position as the largest exporter in Vietnam.
Ministry to help local firms to join FDI multinationals’ supply chains
10-01-2022 10:28
The Ministry of Industry and Trade (MoIT) has said this year it will closely coordinate with several foreign multinationals like Samsung and Toyota to connect with local suppliers of materials and accessories, in an effort to seek alternative supply for imports in both short and long terms.
Vietnam and South Korea expect to reach $100 billion trade turnover in 2023
16-12-2021 17:55
South Korean investors’ commitment to invest in Vietnam for the long-term is a foundation to push bilateral trade turnover to reach $100 billion in 2023. The figure is expected to increase to $150 billion in 2030.
Foreign groups circumvent lack of experts with training revamps
12-11-2021 11:29
Foreign businesses in Vietnam are placing new priorities on recruiting more local tech workers and setting up skills training for them in order to address the shortage of experts coming in from other countries.
Foreign investors affirm confidence in Vietnam's economic recovery in post-COVID-19
24-09-2021 17:37
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.
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