Many giants eye $2.54 bln LNG project in central Vietnam’s Ha Tinh province

Many giants eye $2.54 bln LNG project in central Vietnam’s Ha Tinh province

Vietnam’s Vingroup, T&T Group and Hoanh Son Group, and South Korea’s Samsung Electronics have come forward as potential investors in the Vung Ang III Ha Tinh LNG power project in the central province of Ha Tinh.

Energy - Sat, March 16, 2024 | 11:44 am

Samsung’s Vietnam subsidiaries post 2-digit drop in sales, profit

Samsung’s Vietnam subsidiaries post 2-digit drop in sales, profit

Four Vietnamese subsidiaries of South Korean giant Samsung Electronics reported revenues of KRW81,146.7 billion ($60.83 billion) in 2023, down 11.83% year-on-year; and after-tax profits of KRW5,263.1 billion ($3.95 billion), down 13.09%.

Companies - Wed, February 21, 2024 | 1:59 pm

Samsung, Vietnam National University link up on semiconductor training

Samsung, Vietnam National University link up on semiconductor training

South Korean giant Samsung Electronics and the University of Engineering and Technology, under Vietnam National University Hanoi (VNU Hanoi), will cooperate on a masters course for semiconductor and chip training.

Companies - Thu, February 1, 2024 | 11:15 am

Sales of Samsung Vietnam subsidiaries falls, profits grow in Jan-Sep

Sales of Samsung Vietnam subsidiaries falls, profits grow in Jan-Sep

Samsung's four subsidiaries in Vietnam made a total profit of KRW5,474.2 billion ($4.15 billion) in the first nine months of 2023, up 8.3% year-on-year, according to the South Korean giant's interim business report.

Companies - Mon, December 11, 2023 | 11:34 am

Samsung urges Vietnam to find global minimum tax solutions

Samsung urges Vietnam to find global minimum tax solutions

The government and legislature of Vietnam should check and issue solutions related to the global minimum tax (GMT), Samsung Electronics president and CFO Hark Kyu Park has said.

Economy - Fri, November 10, 2023 | 10:54 am

LG Electronics to power up auto parts R&D in Vietnam

LG Electronics to power up auto parts R&D in Vietnam

LG Electronics said Thursday it is ramping up research and development in Vietnam to serve LG’s rapidly growing electric vehicle-related business, following its Korean peer Samsung Electronics's launch of a $220-million R&D center in Hanoi in late December.

Industries - Thu, March 9, 2023 | 3:35 pm

Samsung Electronics to ramp up investment in Vietnam: president

Samsung Electronics to ramp up investment in Vietnam: president

Samsung Electronics, the largest single foreign investor in Vietnam, will expand its investment in the country, said president and chief financial officer Park Hark Kyu.

Investing - Wed, January 11, 2023 | 5:05 pm

Samsung Electronics sets sights on Vietnam as strategic R&D hub

Samsung Electronics sets sights on Vietnam as strategic R&D hub

Samsung Electronics inaugurated its largest Southeast Asia research and development center in Hanoi on Friday, meaning an elevation of the importance of Vietnam not only as a manufacturing hub but also a center for research activities.

Industries - Fri, December 23, 2022 | 12:39 pm

Samsung Electronics to inaugurate its largest Southeast Asia R&D center in Vietnam

Samsung Electronics to inaugurate its largest Southeast Asia R&D center in Vietnam

Samsung Electronics is due to open on Friday a $220 million research and development center in Vietnam, where more than half of the Korean giant's smartphones are produced.

Industries - Thu, December 22, 2022 | 2:49 pm

Samsung eyes additional $2-bln investment in Vietnam

Samsung eyes additional $2-bln investment in Vietnam

Korean electronics giant Samsung is set to add $2 billion into Vietnam, raising its total to $20 billion, according to Samsung Electronics CEO Han Jong-hee.

Industries - Tue, December 6, 2022 | 5:15 pm

Newly-appointed Samsung Electronics executive chairman to visit Vietnam

Newly-appointed Samsung Electronics executive chairman to visit Vietnam

Samsung Electronics executive chairman Lee Jae-yong is slated to pay a working visit to Vietnam later this year to seek new investment opportunities, according to South Korean industry sources.

Industries - Mon, October 31, 2022 | 3:30 pm

Samsung unit only foreign name in top 10 profitable companies in Vietnam

Samsung unit only foreign name in top 10 profitable companies in Vietnam

Samsung Electronics Vietnam Thai Nguyen (SEVT), a unit of tech giant Samsung, is the only foreign name in the list of 10 most profitable businesses in Vietnam.

Companies - Thu, October 6, 2022 | 8:23 am

Samsung staff hit with jail terms in meal supply bribery scam

Samsung staff hit with jail terms in meal supply bribery scam

A court in Bac Ninh province has handed 18 defendants jail terms for giving or taking bribes in a meal supply scam at Samsung Electronics Vietnam (SEV) and Samsung Electronics Vietnam Thai Nguyen (SEVT).

Society - Wed, September 14, 2022 | 8:13 pm

Samsung subsidiary, Vietnamese military firm sign phone parts manufacturing deal

Samsung subsidiary, Vietnamese military firm sign phone parts manufacturing deal

UIL Vietnam JSC, a unit of Samsung Electronics Vietnam, and military-run Z111 Factory have signed an agreement on manufacturing sim trays, a smartphone component.

Industries - Tue, September 6, 2022 | 9:23 am