Wednesday, 02/07/2025
Bắc Ninh 28 °C / 26 - 31 °C
Hotline: +84.0204.3 856 624

Business
Hot news:
Business
icon
0.5 1.0 1.5
Shares:
icon-zalo

Vietnam wants to cooperate with Samsung in semiconductor development: official

Updated: 18:22, 22/01/2024
Vietnam hopes Samsung become a strategic investor in the context that the country is building a strategy to develop the semiconductor industry and promote innovation, Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc has told General Director of Samsung Vietnam Choi Joo Ho.

At their recent meeting, Ngoc spoke highly of the Republic of Korean group’s projects in Vietnam as well as its contributions to local socio-economic development.

{keywords}

Workers at Samsung Electronics in Bac Ninh province.

She proposed the group continue supporting Vietnam in improving the capacity of domestic businesses to be able to participate in its supply chain, and coordinate closely with her ministry to practically and effectively operate training centres located at the National Innovation Centre (NIC).

The Ministry of Planning and Investment will coordinate with relevant agencies to soon build policies in accordance with the international situation and regulations, as well as those of Vietnam to ensure the interests of all parties in the spirit of harmonising benefits and sharing risks, Ngoc said, stressing the Vietnamese Government’s commitment to create a more favourable and attractive business and investment environment for foreign investors.

Choi Joo Ho said that Samsung is continuously expanding its investment in Vietnam, with about 1.2 billion USD added last year. Samsung has focused on developing supporting industries, and will strengthen collaboration with the NIC to operate a lab for innovation and information technology, train technology talent, and support start-up businesses.

As of late 2023, Samsung had invested over 20 billion USD in Vietnam. At present, more than 50% of Samsung products sold around the world are made in Vietnam.

Wheelchairs and Samsung scholarships offered to people with disabilities and impoverished students
BAC GIANG - The Bac Giang provincial Study Promotion Association, Department of Labor, War Invalids and Social Affairs, Samsung Electronics Vietnam Company Limited (Samsung) on November 1 organized an event at the conventional hall of Bac Giang city People’s Committee to present wheelchairs to people with disabilities and scholarships to impoverished students.
Prime Minister hosts CFO of Samsung Group
Prime Minister Pham Minh Chinh hosted a reception in Hanoi on October 31 for Chief Financial Officer of Samsung Group Park Hark Kyu.
Samsung Vietnam Company gives scholarships to 200 VKTech’s students
BAC GIANG- Samsung Display Vietnam Company Limited in Yen Phong industrial park, Bac Ninh province on October 16 collaborated with Vietnam-Korea College of Technology (VKTech) to present 200 scholarships to outstanding students of the College, each worth 5 million VND (203 USD).
PM calls on Samsung to hire Vietnamese managers
Prime Minister Pham Minh Chinh has asked Samsung Electronics Vietnam to hire more Vietnamese as executives and managers.
Vietnam pledges favourable business climate for Samsung: official
The Vietnamese government is committed to creating a favourable and attractive business environment for foreign investors, including Samsung, according to Deputy Prime Minister Tran Luu Quang.

Source: VNA

Shares:
icon-zalo
Tags:
    vietnam-wants-to-cooperate-with-samsung-in-semiconductor-development-official.bbg

    Reader's comments (0)

    Your comment...