Samsung commits $356 bn in investments with 80,000 new jobs

Samsung commits $356 bn in investments with 80,000 new jobs

South Korean conglomerate Samsung Group on Tuesday unveiled a massive 450 trillion won ($356 billion) investment blueprint for the next five years aimed at making it a frontrunner in a wide range of sectors from semiconductors to biologics.
Room left for growth among domestic suppliers

Room left for growth among domestic suppliers

The smart factory by Samsung Electronics and the MoIT is an example of how large-scale companies can contribute to the domestic supporting industry.
Samsung completed parts of construction of R&D centre in Hanoi

Samsung completed parts of construction of R&D centre in Hanoi

On May 14, Samsung Vietnam completed part of the construction for its new Research and Development (R&D) Centre in Hanoi.
Samsung hopes for favourable conditions to expand in Danang

Samsung hopes for favourable conditions to expand in Danang

Samsung Vietnam expressed its interest in increasing investment activities in the central region, particularly Danang.
Thai Nguyen ranks second in FDI attraction in two months

Thai Nguyen ranks second in FDI attraction in two months

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.
RoK firm adds 920 million USD to project in Thai Nguyen

RoK firm adds 920 million USD to project in Thai Nguyen

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

Smartphone market of Vietnam expected to pick up speed in 2022

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

Samsung Electronics CEO Han Jong-hee visits Vietnam

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

Vietnam on way to become world’s production hub: Sputnik

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 Vietnam reports $74.2 billion in revenues in 2021

Samsung Vietnam reports $74.2 billion in revenues in 2021

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.
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 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

Samsung Electronics is considering to increase production capacity by 50 per cent at its Vietnam smartphone plant for the Galaxy Z Fold 3 and Galaxy Z Flip 3.
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 Q2/2021

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

Vietnam’s smartphone shipments grew 11 per cent on-year in Q2, with Chinese OEMs capturing around half of the market, according to Counterpoint Research.
|< < 1 2 3 4 > >|