Politics

Samsung helps turn VN into world leading cellphone manufacturer: PM

Vietnam is proud to host Samsung’s presence, which has turned the country into a leading cellphone manufacturer in the world, stated Prime Minister Nguyen Xuan Phuc.
Samsung helps turn VN into world leading cellphone manufacturer: PM ảnh 1Prime Minister Nguyen Xuan Phuc (R) presents a souvenir to Dongjin Koh, President and CEO of the  Samsung Electronics Co., Ltd. (Photo: VNA)

Hanoi (VNA) – Vietnam is proud to host Samsung’spresence, which has turned the country into a leading cellphone manufacturer inthe world, stated Prime Minister Nguyen Xuan Phuc.

PM Phuc made his remark at a reception for President and CEO ofthe Republic of Korea (RoK)’s Samsung Electronics Co., Ltd Dongjin Koh in Hanoi onApril 20.

Expressing his delight at fruitful growth of Vietnam-RoK ties across all fields, the PM hailed Samsung’s achievementsand contributions to Vietnam’s economic development.

He said the Vietnamese Government highly values efforts madeby RoK investors, particularly Samsung, in maintaining their top position amongforeign investors in Vietnam for years.

Samsung’s cooperation, investment and production areimportant to the two countries’ strategic partnership, PM Phuc added, sayingVietnamese relevant agencies will continue creating the best possible conditionsfor the group’s operation.

He requested the company to implement its research anddevelopment centre in line with schedule and commitments it had made with theGovernment.

The Government leader suggested Samsung expand investment inVietnam in not only electronic assembly but also technology development. Heasked the group to continue its training and technology transfer for Vietnamesefirms in the support industry, particularly small- and medium-sized ones, tohelp them engage in supplying components for Samsung projects.

For his part, Dongjin Koh informed his host about asuccessful celebration of Samsung Electronics’ decade-long presence since itsestablishment of the first factory in Bac Ninh province.

Samsung always prioritises applying the most advancedtechnologies in its production in Vietnam, he added, noting that Vietnam is themain manufacturing hub of the conglomerate in the world.

He said Samsung is working to turn Vietnam into its keydestination for technology research and to train more high-skilled local engineersand workers.

Affirming the group’s determination to stand side by sidewith Vietnam along its development path, Koh agreed with the PM’s suggestion ofbuilding electronic and smart cities in Bac Ninh and other Vietnameselocalities.  

The Korean guest stated Samsung will expand its investmentand production scale and generate more jobs in Vietnam, with an expectation forfurther assistance from Vietnamese Government and relevant agencies. 

Samsung has so far invested in six projects worth over 17.3billion USD in Vietnam. In 2017, Samsung Vietnam posted a revenue of nearly 64billion USD, with export value reaching 54 billion USD or 25.4 percent ofVietnam’s total export value. It generated jobs for 160,000 local workers-VNA
VNA
#Samsung Vietnam. Samsung Vietnam #Samsung Electronics #Dongjin Koh #Nguyen Xuan Phuc #Vietnam - RoK strategic partnership #Vietnam News Agency #vietnamplus
Follow VietnamPlus

Related News

Deputy PM calls for Samsung’s support in technology transfer

Deputy PM calls for Samsung’s support in technology transfer

Deputy Prime Minister Trinh Dinh Dung asked the Republic of Korea (RoK)’s Samsung Electronics Vietnam Company Ltd to continue providing concrete support in training and technology transfer to enable Vietnamese support industry firms to join Samsung’s value chains.

See more

President of the National Assembly Tran Thanh Man (right) and Alberto Anaya Gutierrez, General Secretary of the Mexican Labour Party (PT), at their meeting in Hanoi on August 17 (Photo: VNA)

Vietnam, Mexico to enhance exchange of legislative experience

Vietnam and Mexico will strengthen coordination and enhance delegation exchanges between the Vietnamese National Assembly and the Mexican Senate and Chamber of Deputies, while sharing experience in lawmaking and parliamentary activities among committees and promoting the role of the two parliamentary friendship groups.

A view of the fifth session of the National Assembly Standing Committee (Photo: VNA)

NA Standing Committee reviews three revised draft laws

The National Assembly (NA) Standing Committee continued its fifth session on August 17, scrutinising three draft laws concerning administrative procedures, telecommunications, radio frequencies and architecture.

Minister of Justice Hoang Thanh Tung speaks at the discussion (Photo: VNA)

NA Standing Committee reviews draft Law on Urban Development

Speaking at the session, NA President Tran Thanh Man noted that the draft Law on Urban Development was initially designed for Ho Chi Minh City before its scope was expanded to other cities and additional provisions were incorporated. Given the tight timeframe and substantial workload, the NA will make its utmost effort to consider and adopt the contents as scheduled.

A traditional Indian candle-lighting ceremony opens the gathering. (Photo: VNA)

People-to-people diplomacy deepens Vietnam-India ties

Building on this foundation, the city has strengthened ties with Indian localities. In May, Ho Chi Minh City and Mumbai signed a memorandum of understanding on friendship and cooperation, opening up greater opportunities for collaboration in finance, technology, logistics, urban development, innovation, culture, cinema, tourism and people-to-people exchanges.

General Secretary of the Communist Party of Vietnam Central Committee and President To Lam addreses the opening ceremony of the first class of a knowledge update and training programme for members of the 14th Party Central Committee in Hanoi on August 17 (Photo: VNA)

Top leader attends opening of knowledge update programme for 14th Party Central Committee members

General Secretary and President Lam stressed that the programme is being held in the first year of implementing the Resolution of the 14th National Party Congress, which set out the goals and tasks for the entire tenure. The Party Central Committee has adopted measures to remove bottlenecks and unlock resources. The decisive task now is to ensure effective implementation by turning policies into feasible programmes, coordinated action and concrete results, thereby translating the Party's will into national development and a better life for the people.

The delegation meets with progressive friends in the US (Photo: VNA)

Vietnam, US strengthen cooperation to ease suffering of AO/dioxin victims

A delegation from the Vietnam Association for Victims of Agent Orange/dioxin's chapter in Ho Chi Minh City (VAVA HCMC) visited the US directly inform American friends about the long-term consequences of AO/dioxin in Vietnam and seek the support of progressive groups, veterans, legal experts and youth organisations in efforts to care for the victims.

Vietnamese leaders send congratulations to Congo on 66th National Day

Vietnamese leaders send congratulations to Congo on 66th National Day

General Secretary of the Communist Party of Vietnam Central Committee and President To Lam on August 15 sent a congratulatory message to President of the Congolese Party of Labour and President Denis Sassou Nguesso on the occasion of the 66th National Day of the Republic of Congo (August 15, 1960–2026).

A house is damaged after the earthquake in Flores, Indonesia, on August 15. (Photo: Xinhua/VNA)

Vietnamese leaders send condolences over deadly earthquake in Indonesia

General Secretary of the Communist Party of Vietnam Central Committee and President To Lam and Prime Minister Le Minh Hung on August 15 sent messages of condolences to Indonesian President Prabowo Subianto following a powerful earthquake in Indonesia that caused heavy casualties and affected thousands of families.

Participants at the event (Photo: VNA)

ASEAN, Western Australia strengthen connection

Representatives of ASEAN member states highlighted the historic significance of ASEAN Day in reaffirming the bloc's foundational values and promoting solidarity, dialogue, cooperation and consensus in support of regional peace, stability and prosperity.