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Samsung mulls ramping up production in Vietnam to meet soaring demand for foldables
01-09-2021 13:26
Buoyed by a stronger-than-expected reaction to its latest foldable handsets, Samsung Electronics is considering to increase production capacity by 50 per cent at its smartphone plant in Vietnam for the Galaxy Z Fold 3 and Galaxy Z Flip 3.
Samsung Vietnam helps local firms join global supply chain
28-08-2021 21:48
Leaders of the northern province of Bac Ninh and Samsung Vietnam on August 26 made a trip to evaluate the results of the two enterprises including Hanpo Vina Joint Stock Company and Thinh Vuong Manufacturing and Trading Co Ltd participating in the "domestic business improvement consulting programme".
Samsung to invest $206 billion in semiconductors, displays, and biopharmaceuticals
25-08-2021 14:00
South Korean conglomerate Samsung Group targets to invest around $206 billion over the next three years in sectors like semiconductors, displays, and biopharmaceutical products.
Chinese smartphone brands accounts half of Vietnam market in Q2/2021
03-08-2021 22:53
Vietnam’s smartphone shipments witnessed 11 per cent growth on-year in the second quarter, with Chinese original equipment manufacturers (OEMs) capturing around half of the market, according to Counterpoint Research’s Monthly Vietnam Channel Share Tracker.
Samsung refutes news of halting operation at Saigon Hi-tech Park
14-07-2021 17:19
South Korean giant Samsung has disclaimed rumours that it has halted operations at the manufacturing facility at Saigon Hi-tech Park that went viral a few days ago.
Greenpeace urges Samsung to switch to renewables in two key markets
01-07-2021 13:34
Canada-backed independent, campaigning organisation Greenpeace is urging Samsung to use 100 per cent renewable energy in South Korea and Vietnam – Samsung’s two biggest production bases – to meet its net-zero commitment and climate goals.
Samsung seeks direct energy route
10-06-2021 17:53
The investment legal framework for Vietnam’s renewable energy market could change if Samsung gets government approval to buy renewable energy directly from power generators.
Samsung Electronics Vietnam to purchase renewable energy directly from producers?
05-05-2021 10:51
Samsung Electronics Vietnam has requested the Vietnamese government for authorisation to directly purchase renewable energy from producers.
Semiconductor crisis forces top-level action
13-04-2021 19:27
The global shortage of semiconductors is not letting up, with governments and multinationals scrambling to resolve the situation sooner rather than later.
5G rules to assist quality control
31-03-2021 17:22
Vietnam’s 5G user equipment market is expected to see changes as the country is taking the final steps to publicise new regulations, possibly stiffening competition among device suppliers like Apple, Samsung, Huawei, and Xiaomi.
FIEs retain pole position in bolstering trade surplus
19-03-2021 14:00
While many developed countries have been struggling with the pandemic, Vietnam has maintained a trade surplus of nearly $1.29 billion in the first two months of 2021. However, a large portion of this relies on foreign-invested enterprises, a fact that government officials and economists want to balance with their domestic counterparts.
Vietnam a strategic destination for Samsung’s R&D activities
07-03-2021 16:23
Samsung Vietnam plans to expand its investment in Vietnam by setting up a research and development (R&D) centre, strengthening cooperation with domestic enterprises, and taking part in public infrastructure projects, its General Director Choi Joo Ho has said.
Electronics conglomerates hoping for further incentives
03-03-2021 06:00
Vietnam’s attraction of overseas electronics and technology conglomerates cannot be overlooked. However, as the government is focusing on long-term acceleration of research and development and incentives for this sector, a shift from merely manufacturing to creating may soon take place among foreign-invested enterprises.
Upbeat export prospects for 2021
03-03-2021 00:16
Vietnam has posted impressive export-import performance despite the health crisis, with Ho Chi Minh City, the northern province of Thai Nguyen, and the southern province of Binh Duong heralded as the top performers thanks to the inputs of both local and foreign businesses.
Vietnam's mobile devices reached the export value of $51 billion last year
16-02-2021 11:17
Mobile devices and components produced in Vietnam last year were exported to 50 markets and reached the export value of more than $51.18 billion, according to the latest data published by the General Department of Vietnam Customs.
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