Samsung Electronics Vietnam (SEV) has reported an export value of 1 billion USD since April 2009 and is expected to increase the figure to 1.7 billion USD by the end of 2010, becoming Vietnam ’s largest FDI exporter.
Addressing a ceremony held in Yen Phong I Industrial Zone in the northern province of Bac Ninh on Sept. 17 to mark the event, Deputy Prime Minister Hoang Trung Hai praised the company’s performance.
The company produces hi-tech products and has become an important part of Samsung’s global supply chain, while employing 7,000 local workers, the Deputy PM said.
He said he hoped that SEV would continue to invest, expand its production and employ more local workers.
He also called for more investors from the Republic of Korea (RoK) and pledged favourable conditions for foreign investors in Vietnam .
SEV is the RoK Samsung group’s seventh largest mobile handset manufacturer and the first in Vietnam to provide products to global markets.
The company’s two production facilities produce 6 million items per month which are exported to 52 countries, earning 200 million USD.
Chairman of Bac Ninh provincial People’s Committee Tran Van Tuy said he hoped that SEV will contribute to making Bac Ninh a modern industrial province by 2015./.
Addressing a ceremony held in Yen Phong I Industrial Zone in the northern province of Bac Ninh on Sept. 17 to mark the event, Deputy Prime Minister Hoang Trung Hai praised the company’s performance.
The company produces hi-tech products and has become an important part of Samsung’s global supply chain, while employing 7,000 local workers, the Deputy PM said.
He said he hoped that SEV would continue to invest, expand its production and employ more local workers.
He also called for more investors from the Republic of Korea (RoK) and pledged favourable conditions for foreign investors in Vietnam .
SEV is the RoK Samsung group’s seventh largest mobile handset manufacturer and the first in Vietnam to provide products to global markets.
The company’s two production facilities produce 6 million items per month which are exported to 52 countries, earning 200 million USD.
Chairman of Bac Ninh provincial People’s Committee Tran Van Tuy said he hoped that SEV will contribute to making Bac Ninh a modern industrial province by 2015./.
