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.
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 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

Greenpeace is urging Samsung to use 100 per cent renewable energy in South Korea and Vietnam to meet its net-zero commitment and climate goals.
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.
Electronics conglomerates hoping for further incentives

Electronics conglomerates hoping for further incentives

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

Upbeat export prospects for 2021

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

Vietnam's mobile devices reached the export value of $51 billion last year

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.
Samsung eyes Texas for chip-making plant

Samsung eyes Texas for chip-making plant

Electronics giant Samsung is considering the US state of Texas as a possible location for a new $17 billion chip-making plant, according to filings with state officials.
Samsung HCMC converted to export processing enterprise

Samsung HCMC converted to export processing enterprise

After a long wait, Samsung HCMC CE Complex Electronics was just approved to convert into an export processing enterprise.
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