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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.

Vietnam and Samsung express wish for mutual support and partnership

05-09-2021 16:54

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

02-09-2021 09:00

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

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.