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Samsung to build second plant in Vietnam

Samsung Electronics Vietnam will build a factory to produce and assemble mobile phones and hi-tech electronic products as part of a high-tech project in northern Thai Nguyen province.
Samsung Electronics Vietnam will build a factory to produce and assemblemobile phones and hi-tech electronic products as part of a high-techproject in northern Thai Nguyen province.

On February 6, a land lease was signed by Samsung and its Vietnamesepartner for the implementation of the Samsung Hi-tech Consortium projectin Yen Binh Industrial Zone.

During the signingceremony, Thai Nguyen province leaders appreciated the company’sdecision to invest in the region. The leaders requested departments,agencies and the district authorities to create favourable conditions toimplement the project.

It is the company’s secondplant in Vietnam . Samsung’s existing plant in Yen Phong IndustrialZone, northern Bac Ninh province, manufactures 11 million products permonth and employs 24,000 people.-VNA
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