vietnam and south korea expect to reach 100 billion trade turnover in 2023

Vietnam and South Korea expect to reach $100 billion trade turnover in 2023

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

Foreign groups circumvent lack of experts with training revamps

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 vietnams economic recovery in post covid 19

Foreign investors affirm confidence in Vietnam's economic recovery in post-COVID-19

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.
vietnam and samsung express wish for mutual support and partnership

Vietnam and Samsung express wish for mutual support and partnership

During a visit to the Samsung factory in the northern province of Thai Nguyen, the corporation and the prime minister exchanged promises to foster each other's growth on the long-term.
south koreans strive to keep hold of production presence

South Koreans strive to keep hold of production presence

Despite Vietnam’s prolonged trade deficit with South Korea and continuing complexities with the pandemic, the latter is boosting its investment and exports to the former for production and re-export to take advantage of tax cuts under a trade pact.
samsung mulls ramping up production in vietnam to meet soaring demand for foldables

Samsung mulls ramping up production in Vietnam to meet soaring demand for foldables

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

Samsung Vietnam helps local firms join global supply chain

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

Samsung to invest $206 billion in semiconductors, displays, and biopharmaceuticals

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 q22021

Chinese smartphone brands accounts half of Vietnam market in Q2/2021

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

Samsung refutes news of halting operation at Saigon Hi-tech Park

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

Greenpeace urges Samsung to switch to renewables in two key markets

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

Samsung seeks direct energy route

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

Samsung Electronics Vietnam to purchase renewable energy directly from producers?

Samsung Electronics Vietnam has requested the Vietnamese government for authorisation to directly purchase renewable energy from producers.
semiconductor crisis forces top level action

Semiconductor crisis forces top-level action

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

5G rules to assist quality control

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.
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