Vietnam embraces new wave of investments: HSBC exec

Vietnam embraces new wave of investments: HSBC exec

Embracing new investment flows is in the interest of Vietnam and will support the country’s advancement higher up in the value-added ladder across industries and sectors, writes Joon Suk Park, head of international subsidiary banking, wholesale banking, HSBC Vietnam.

Opinion - Wed, November 6, 2024 | 3:44 pm

Samsung to invest additional $1.8 bln for making OLED products in Vietnam

Samsung to invest additional $1.8 bln for making OLED products in Vietnam

Samsung Display Vietnam (SDV) will invest $1.8 billion in making OLED (organic light-emitting diode) products for information technology (IT) equipment and vehicles in Vietnam.

Industries - Thu, October 24, 2024 | 1:56 pm

Samsung’s Vietnam subsidiary troubled by troubles in North America, Middle East

Samsung’s Vietnam subsidiary troubled by troubles in North America, Middle East

Samsung Electronics Vietnam Thai Nguyen (SEVT), the South Korean giant’s biggest subsidiary in Vietnam, says economic turbulence in North America and the Middle East have led to below-expectation results.

Companies - Thu, October 17, 2024 | 4:11 pm

South Korean SK Group buys Vietnam firm for $300 mln, eyes expansion

South Korean SK Group buys Vietnam firm for $300 mln, eyes expansion

South Korean chaebol SK Group has called on local authorities to support the expansion of Iscvina Manufacturing Company Limited in the northern province of Vinh Phuc after acquiring it for $300 million.

Companies - Wed, October 9, 2024 | 5:09 pm

Key trends shaping the future of trade and implications for Vietnam

Key trends shaping the future of trade and implications for Vietnam

Surajit Rakshit, country head of global trade solutions at HSBC Vietnam, analyzes key trends that will shape the future of global trade and their implications for Vietnam.

Consulting - Thu, September 26, 2024 | 3:05 pm

Samsung engineering arm eyes water management service in northern Vietnam

Samsung engineering arm eyes water management service in northern Vietnam

Samsung E&A, the engineering arm of South Korean conglomerate Samsung, is interested in providing clean water and wastewater treatment in the northern province of Vinh Phuc.

Companies - Thu, September 19, 2024 | 11:12 am

Petrovietnam subsidiary, Samsung C&T sign production distribution deal

Petrovietnam subsidiary, Samsung C&T sign production distribution deal

Petrovietnam Ca Mau Fertilizer JSC (PVCFC), a subsidiary of state-owned Petrovietnam, and South Korea’s Samsung C&T have signed a strategic partnership agreement whereby they will promote and distribute products to a global network.

Companies - Tue, September 17, 2024 | 3:37 pm

Vietnam seeks Samsung collaboration to train semiconductor engineers

Vietnam seeks Samsung collaboration to train semiconductor engineers

Samsung should continue cooperating with the National Innovation Center (NIC), under the Ministry of Planning and Investment (MPI), to help Vietnam’s target of training 50,000 semiconductor engineers by 2030.

Companies - Mon, September 16, 2024 | 11:07 am

Samsung factory in northern Vietnam flooded in super typhoon Yagi aftermath

Samsung factory in northern Vietnam flooded in super typhoon Yagi aftermath

A factory run by Samsung Industrial Vietnam Co. Ltd. in the northern Vietnam province of Bac Ninh to manufacture and assemble automotive parts has been flooded as super typhoon Yagi impacts linger.

Companies - Thu, September 12, 2024 | 10:58 am

Vietnam among eight ‘strategic’ countries to join US semiconductor workforce development initiative

Vietnam among eight ‘strategic’ countries to join US semiconductor workforce development initiative

Vietnam and seven other “strategic countries” have been selected to join a U.S. initiative designed to enhance semiconductor capabilities and supply chain resilience worldwide.

Economy - Wed, September 11, 2024 | 3:49 pm

Sales of Samsung's 4 major Vietnam plants up in H1, but profits fall

Sales of Samsung's 4 major Vietnam plants up in H1, but profits fall

Four Vietnamese subsidiaries of South Korean giant Samsung Electronics reported combined revenues of KRW42,017.3 billion ($31.38 billion) in the first half of 2024, up 8.6% year-on-year, but post-tax profits decreased 2% to KRW2,939.7 billion ($2.2 billion).

Companies - Mon, September 9, 2024 | 8:07 am

Samsung supplier DKT Vina to raise northern Vietnam investment to $61 mln

Samsung supplier DKT Vina to raise northern Vietnam investment to $61 mln

DKT Vina Co. Ltd., a flexible printed circuit boards (FPCB) manufacturer under South Korea’s DK Tech Co. Ltd., will raise its investment in the northern province of Vinh Phuc to $61 million.

Industries - Mon, August 26, 2024 | 4:40 pm

Samsung-Apple supplier Goertek to invest $38 mln in central Vietnam

Samsung-Apple supplier Goertek to invest $38 mln in central Vietnam

China’s Goertek, a major supplier to Samsung and Apple, will raise its investment in Vietnam’s central province of Nghe An to $38 million to manufacture microphones, accelerometers, and laser sensors.

Industries - Sat, August 17, 2024 | 3:11 pm

Semiconductor firm Signetics to start $100 mln Vietnam factory production in 2025

Semiconductor firm Signetics to start $100 mln Vietnam factory production in 2025

South Korean semiconductor firm Signetics plans to put its Vinh Phuc province-based $100-million factory, that will supply products to chaebols Samsung and SK, into operation by October 2025.

Industries - Thu, August 15, 2024 | 2:07 pm