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Sovico and Samsung SDS signs MoU on comprehensive strategic cooperation

Samsung SDS and Sovico Group today announced their comprehensive strategic cooperation in digital transformation and sharing joint business opportunities in the coming time.

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 to build its largest regional R&D centre in Vietnam

Samsung Vietnam has carried out necessary procedures to kick off its R&D centre project in Hanoi. Once completed, it is going to be the largest R&D facility in Southeast Asia.

Samsung SDS to acquire 25 million CMC Corporation stakes

Samsung SDS will become CMC Corporation’s strategic foreign investor should the private placement of 25 million CMC Corporation ordinary shares be approved by its shareholders at the upcoming annual general shareholder meeting in June.

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.

The partner of Samsung, Apple and Sony will assemble Bphone 3

Japan’s Meiko Electronics, Bkav’s partner in producing Bphone 2, was recently selected to manufacture Bphone 3.

Transporting components for Samsung, ALS earned $42 million in revenue

Inheriting the monopoly advantage in the aviation industry from its founding shareholders, ALS quickly harvests the rewards from choosing the right target to focus on, which is the demand for transportation of goods, components production of foreign direct investment (FDI) enterprises such as Samsung and LG to industrial parks around Hanoi city.

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.

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