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Samsung

Key for Vietnam's economic recovery

A fast vaccination roll-out will help Vietnam quickly re-open up its economy after the novel pandemic.

Samsung, Toshin lead the investment wave in West West Lake area

Major investments from Japanese and Korean companies are expected to outline a modern urban centre in the western area of Hanoi's West Lake.

Samsung SDS combining forces with CMC Corporation

The two parties have reached an agreement which will help Samsung SDS foster its expansion in Vietnam and CMC Corporation achieve its $1-billion takings goal by 2023.

Samsung struggles with research centre in Hanoi

The Korean company has not been able to start construction on a research and development centre in Hanoi three years after it received investment licence.

PM asked Samsung to make Vietnam its largest strategic hub and e-Gov't development

Prime Minister Nguyen Xuan Phuc suggested Samsung to keep expanding its business, eventually to turn Vietnam into the largest strategic hub of the tech giant.

Vietnam's mobile market heats up with foreign players

Despite being considered to reach a saturation point, the Vietnamese mobile market remains to be a fertile land which is experiencing a tough battle with dominance of foreign players across various market segments.

Way for Vietnamese smartphone brands to gain a niche on home market

In the domination of foreign manufacturers in smartphone market, Vietnamese companies, including some that are new to the sector, must find best way to enter.

One third of Samsung's revenue comes from Vietnam

In 2017, four of Samsung's companies in Vietnam generated sales of more than US$61 billion which is equivalent to 30 per cent of Samsung's sales globally, which makes Vietnam still become an important manufacturing hub of this company.

Deputy General Director of Samsung Electronics Vietnam: "Localization rate can not jump"

In a short interview with TheLEADER, Bang Hyun Woo, deputy general director of Samsung Electronics Vietnam, confirmed that raising the localization rate in Vietnam was one of Samsung's policies in next years.

Samsung attained record profits US$19 billion in Vietnam, more than double its invested capital

Although Samsung disbursed only more than US$10 billion, its factories in Vietnam earned a profit of US$19 USD after seven years of operation.

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