The construction of the centre commenced in March 2020and 70% of the workload has been completed. Samsung is expected to complete the entire centre by the end of this year as committed to the Vietnamese Government.

The construction of the centre was commenced in March 2020 and 70% of the workload has been completed.

To ensure the progress of the project, Samsung has arranged about 1,300 workers to work at the construction site each day.

President of Samsung Vietnam Choi Joo Ho said: “Right after Samsung’s new R&D Centre project was started was also the time when the Covid-19 pandemic began to break out with complicated developments in Vietnam, causing certain difficulties to the construction of the project.”

“However, with the support of the VietnameseGovernment and Hanoi authorities, the completion of the work has continued on as scheduled. In particular, the new R&D Centre is not only proof to Samsung’s long-term investment commitment in Vietnam, but alsodemonstrates Samsung’s determination to turn Vietnam into the leading strategic base of Southeast Asia,” he added.

The R&D Centre has received a total investment of about 220 million USD, including 16 floors and three basements covering a total area of 11,600m2.

Samsung Electronics Vietnam presents scholarships to 200 impoverished students with good academic result

(BGO) - The Study Encouragement Association in Bac Giang province on December 12 cooperated with Samsung Electronics Vietnam Company Limited (Samsung) to hand over 200 scholarships and gifts totally worth over 240 million VND (10,440 USD) to impoverished students with good academic results in ten districts and city.

Samsung to invest additional 850 mln USD in Vietnamese subsidiary

Electronics giant Samsung of the Republic of Korea’s recent board meeting has approved the spending of some 850 million USD for its unit in Vietnam to manufacture flip-chip ball grid arrays (FC-BGA), according to KBS News.

Samsung has invested nearly $18 bln in Vietnam

Samsung has invested $17.74 billion in Vietnam in the last 24 years, 29 percent of it in the last five.

Samsung Hope School initiated construction in Lang Son

Samsung Vietnam has started construction of the Samsung Hope School project at Trung Cap village, Mai Pha commune, northern border province of Lang Son.

MoIT vows support for Samsung, suppliers to maintain supply chain

The Ministry of Industry and Trade (MoIT) held a teleconference with Samsung Vietnam and its suppliers on October 14, affirming that the ministry’s top priority now is assisting businesses in Vietnam to achieve the “twin targets” of ensuring safety amid the Covid-9 pandemic and maintaining production to avoid disruptions to supply chains.

Source: NDO