NA Vice Chairman calls for Samsung’s operation expansion in Vietnam

Over the past 17 years, Samsung Vietnam has successfully implemented numerous high-tech projects, operated six manufacturing entities, one research and development institute, and one sales entity, while continuously maintaining impressive revenues, reaffirming its position as a leading FDI enterprise in Vietnam.

Vice Chairman of the National Assembly Le Minh Hoan receives Park Soon Cheol, Vice President and Chief Financial Officer (CFO) of Samsung Electronics, in Hanoi on December 5, 2025. Photo: VNA
Vice Chairman of the National Assembly Le Minh Hoan receives Park Soon Cheol, Vice President and Chief Financial Officer (CFO) of Samsung Electronics, in Hanoi on December 5, 2025. Photo: VNA

Hanoi (VNA) - Vice Chairman of the National Assembly (NA) Le Minh Hoan on December 5 urged Samsung to continue expanding its operations and investment projects, enhance localisation in production, promote technology transfer in Vietnam.

Receiving Park Soon Cheol, Vice President and Chief Financial Officer (CFO) of Samsung Electronics, in Hanoi, Hoan recognised Samsung’s position and role as one of the largest foreign investors in Vietnam. He welcomed all projects and activities of the Republic of Korea (RoK)’s group, noting their positive contributions to job creation, technology transfer, export growth, and sustainable economic development in the country.

Affirming that Samsung, with its formation history and impressive development, serves as an inspiring model for Vietnamese enterprises, the NA Vice Chairman urged the group to help train high-quality human resources and raise the number of Vietnamese firms participating in the global component supply chain.

He also expressed his hope that the strong Vietnam–RoK partnership will continue to support and drive Vietnam’s development in the years ahead.

Park told the host that over the past 17 years, Samsung Vietnam has successfully implemented numerous high-tech projects, operated six manufacturing entities, one research and development institute, and one sales entity, while continuously maintaining impressive revenues, reaffirming its position as a leading FDI enterprise in Vietnam.

Since 2015, Samsung has cooperated with the Ministry of Industry and Trade and the provincial and municipal Departments of Industry and Trade to implement various programmes supporting Vietnamese enterprises, such as the smart factory development project, and supporting industry exhibitions. Several initiatives are also being carried out at the National Innovation Centre (NIC) under the Ministry of Finance, including the Samsung Innovation Campus (SIC) talent development programme.

He emphasised that Samsung’s stable growth in Vietnam is the result of strong support from the Vietnamese Government, NA, ministries, agencies and localities via improving the investment and business environment.

With Vietnam’s favourable investment climate and ecosystem for increasing localisation and developing supporting industries, Park affirmed that Samsung will continue to step up its efforts to help enhance the capacity of Vietnamese firms and stands ready to support their deeper participation in the global supply chain./.

VNA

See more

Garment production for export at the Thai Nguyen Garment Company. (Photo: VNA)

Spring Fair 2026 strengthens Vietnam – India cooperation

The seminar aimed to help the Indian business community gain a clearer understanding of the scale, role and potential of the Spring Fair 2026 one of Vietnam’s major trade promotion events hosted by the Government and the Ministry of Industry and Trade.

VinFast Evo battery-swap electric motorbike (Photo: VNA)

VinFast rolls out four new electric motorbike models

The automaker introduced three battery-swappable models, Evo, Feliz II and Viper, designed for different customer segments. It also launched the Amio, a compact pedal-assisted model that does not require a driving licence, aimed primarily at students and short-distance urban commuters.

Handling export cargo at Lach Huyen Port, Hai Phong city. (Photo: hanoimoi.vn)

Internal strength crucial for building export resilience

In the new era, strengthening domestic capacity will be crucial to ensuring that Vietnam’s exports grow not only rapidly, but also sustainably, contributing meaningfully to the country’s development aspirations in the new era.

Production activities at a centrifugal concrete pillar manufacturing plant (Photo: VNA)

Rising FDI, investor optimism reinforce Vietnam’s appeal for inflows

Commenting on Vietnam’s FDI performance in 2025, Dr. Nguyen Quoc Viet, a public policy expert at the University of Economics under the Vietnam National University, Hanoi, said that the strong growth in disbursed capital, particularly additional funding for ongoing projects, reflects sustained confidence among international investors.

An illustration of the North-South high-speed railway project (Image created by AI)

Vietnam fast-tracks key national railway projects

With the completion of a key legal framework, Vietnam's major national railway projects have kicked off the new year of 2026 with an accelerated implementation phase, notably the North-South high-speed railway and the Lao Cai-Hanoi-Hai Phong railway line

The signing ceremony of a cooperation agreement between Star Fintech and Lao Airlines in Vientiane on January 14 (Photo: VNA)

Vietnamese firm provides digital airline ticket payment services in Laos

Under the agreement, payments for Lao Airlines tickets will be made through the Umoney e-wallet provided by Star Fintech. The partnership marks an important step forward in Laos’ aviation digital transformation roadmap, while helping remove long-standing monopolistic barriers in the country’s airline payment system.

A corner of Ho Chi Minh City (Photo: VNA)

Vietnam gears up for full-force growth push in 2026

A growth path for 2026 has been outlined in line with the National Assembly’s resolution setting a target of more than 10% expansion. Under this scenario, gross domestic product (GDP) would need to rise 9.1% in the first quarter and 10.2% in the second.

OCOP products are displayed at the Autumn Fair 2025 (Photo: VNA)

Domestic demand drives OCOP expansion

The domestic market has seen a shift in consumer awareness. While locally made goods were once viewed as secondary choices, improvements in quality and transparency have helped OCOP products become a preferred option in many households.

A Vietjet Air aircraft (Photo: VNA)

Vietjet remains among world’s safest airlines

Vietjet Air has consistently maintained AirlineRatings’ highest safety rating of seven out of seven stars since 2018, underscoring its sustained efforts to ensure safe and reliable journeys for passengers.

Illustrative photo (Photo: VNA)

Vietjet to transport apricot, peach blossoms on Lunar New Year occasion

Vietjet Air will transport apricot and peach blossoms on domestic flights from/to Ho Chi Minh City, Hanoi, Da Nang, Da Lat and Hai Phong from January 15 to February 28 on the occasion of the Lunar New Year (Tet) festival, at 450,000 VND (17.13 USD) per bundle (excluding taxes and fees).

The National Spring Fair 2026 will take place at the Vietnam Exposition Centre from February 2 to 8. (Photo: VNA)

National Spring Fair 2026 to boost trade, strengthen value chains

The proactive engagement of Vietnam’s trade offices overseas is also expected to contribute to the success of the fair. From mid-January, these offices have launched coordinated promotion and matchmaking efforts, inviting foreign partners to attend the fair as a gateway to Vietnam’s market, manufacturing capacity and investment environment.