Deputy PM calls for Samsung's help in training semiconductor engineers

Deputy Prime Minister Tran Luu Quang received General Director of Samsung Vietnam Choi Joo Ho in Hanoi on March 4.
Deputy PM calls for Samsung's help in training semiconductor engineers ảnh 1Deputy Prime Minister Tran Luu Quang (R) and General Director of Samsung Vietnam Choi Joo Ho. (Photo: VNA)

Hanoi (VNA) – Deputy Prime Minister Tran Luu Quang received GeneralDirector of Samsung Vietnam Choi Joo Ho in Hanoi on March 4.

Speaking highly of Samsung’s investment that has contributed to Vietnam’simport-export revenue as well as economic development, Quang affirmed that theVietnamese Government has paid due attention to improving the domestic business climate to facilitateforeign enterprises’ long-term production and business in the country.

He highly evaluated Vietnamese engineers working at Samsung R&DCentre, asking Samsung, with its considerable experience and capacity, will continuecooperation with the Vietnam National Innovation Centre (NIC) and help Vietnam realiseits set goals of training 50,000 semiconductor engineers by 2030.

Choi, meanwhile, said Samsung invested an additional 1.2 billion USD in 2023,increasing its total investment in Vietnam to 22.4 billion USD, and the group willcontinue funneling 1 billion USD into the country each year.

There are 2,400 engineers working at the Samsung R&D Centre, with Vietnamese engineers playing a key role in studying the application of the AI into the Galaxy S24line of phones, he said, highlighting Samsung will continue studying thepossibility to expand cooperation with the NIC and support Vietnam to trainsemiconductor human resources.

He affirmed that Vietnam’s development is also Samsung’s development, and the group's development will contribute to the country’s socio-economic development.

Regarding the cooperation with the NIC, Samsung and the innovationcentre last year signed a Memorandum of Understanding on implementing developmentactivities for Vietnam’s young generation who will lead the success of theFourth Industrial Revolution.

The Republic of Korea-based group had also entered a cooperation documentwith the Vietnam National University, Hanoi on providing training forsome 40 excellent students of the university in four years to become future leaders of thesemiconductor industry./.

VNA

See more

Many banks in Vietnam promote green credit for sustainable growth. (Photo: VNA)

State bank launches tool to facilitate green finance

As of March 2025, 58 credit institutions in Vietnam had outstanding green loans, a sharp increase from 15 in 2017. The average growth rate of outstanding green loans in the 2017-2024 period reached over 21% per year, higher than the growth rate of outstanding loans for the economy.

Deputy Minister of Industry and Trade Nguyen Hoang Long said Vietnam supports ASEAN's stance in developing comprehensive, flexible, and practical strategic approach to strengthen intra-bloc economic autonomy. (Photo: Ministry of Industry and Trade)

Vietnam backs ASEAN’s strategic approach to economic resilience, partnership

Vietnam vows continued close coordination with ASEAN and partner countries to identify cooperation opportunities in potential areas of mutual interest, including effectively leveraging the ASEAN-China Free Trade Agreement (ACFTA 3.0) and the Regional Comprehensive Economic Partnership (RCEP) to address current challenges and work towards a transparent, stable, and fair international trade environment.