Vietnamplus

Samsung Electronics’ plan to manufacture semiconductor products in Vietnam has sparked the hope that the Southeast Asian nation will be a new stop for the semiconductor industry.

Prime Minister Pham Minh Chinh has asked Samsung Electronics of the Republic of Korea to expand its operations in Vietnam during a reception for the group’s CEO Roh Tae-Moon in Hanoi on August 5.

Samsung Vietnam, in collaboration with the Ministry of Industry and Trade along with localities, held the closing ceremony of the project "Smart Factory Development Cooperation" (phase 1) at 14 participating enterprises to summarise and evaluate its performance.

The management board of the Saigon Hi-Tech Park (SHTP) granted certificates to three projects to increase their investment by more than 848.74 million USD in total at an investment conference for the park on June 27.

Samsung Display Vietnam (SDV) and the Vietnamese Students’ Association in the Republic of Korea (VSAK) have signed a memorandum of understanding (MoU) on cooperation in the organisation of recruitment workshops, expected to create new job opportunities for Vietnamese students and also help tighten the two countries’ friendship.

Leading enterprises from the Republic of Korea (RoK) including Samsung Electronics, Naver and Revu Corporation have further promoted investment in research and development (R&D) centres in Vietnam to fully tap high-quality and low-cost human resources.

A smart factory development project was kicked off on May 24 in the northern province of Vinh Phuc.

Supportive solutions for businesses need to be implemented faster and stronger to improve the capacity of businesses and increase linkage among them, according to experts.

The shipment of nine modules for the oil and gas pipeline system at the methanol plant of the Sarawak Petrochemical Refinery has left Republic of Korea’s heavy industries Doosan Vietnam (Doosan Vina)’s port for installation at the Sarawak Refinery located in the coastal Bintulu City, Malaysia.

The central city of Da Nang will offer the most favourable conditions for Samsung to expand cooperation and investment in the city and central Vietnam.

Hanoi’s Department of Market Surveillance on April 4 seized over 11,200 fake phone and tablet chargers of the Samsung brand in a shop in the city’s Cau Giay district.

The northern province of Thai Nguyen with the issuance of of a licence to to Samsung Electro-Mechanics Vietnam Co., Ltd under Samsung Corporation of the Republic of Korea to add 920 million USD to its project, ranked second in attracting foreign direct investment (FDI) in the first two months of 2022, behind Bac Ninh.

Samsung Vietnam has announced its participation in the ‘Google for Education’ pilot programme, which is being carried out at the Thuc Nghiem Junior High School in Hanoi.

The Ministry of Industry and Trade and Samsung Vietnam on February 22 signed a Memorandum of Understanding on cooperation in smart factory development.

Samsung Electronics has confirmed that it has relocated two smartphone production lines of its business partners from Vietnam's northern Thai Nguyen province to its Gumi plant in North Gyeongsang province of the Republic of Korea (RoK).

Authority of the northern province of Thai Nguyen on February 16 handed over a licence to Samsung Electro-Mechanics Vietnam Co., Ltd under Samsung Corporation of the Republic of Korea to add 920 million USD to its project in the Yen Binh industrial park in Pho Yen town.

Authority of the northern province of Thai Nguyen on February 16 handed over a licence to Samsung Electro-Mechanics Vietnam Co., Ltd (SEMV) under Samsung Corporation of the Republic of Korea to add 920 million USD to its project in the Yen Binh industrial park (IP) in Pho Yen town.

Vietnam is expected to become a new production hub of the world, as “Made in Vietnam” products are winning larger shares in the international market, according to Russia's Sputnik news agency.

Samsung C&T Corp., the construction unit of Samsung Group, has announced it had obtained a plant deal worth 510 million USD from Vietnam.

Despite difficulties due to COVID-19, Samsung Vietnam earned 74.2 billion USD in revenue last year, up 14 percent annually.