Profit of Samsung’s 4 major Vietnam factories up 4.5% in Jan-Sept
Four major factories of Samsung Electronics in Vietnam posted a total profit of KRW4.37 trillion ($2.98 billion) in the first nine months of 2025, up 4.51% year-on-year, according to the South Korean conglomerate’s Q3 consolidated earnings statements.
Total revenue from the four factories ticked up 5.53% year-on-year to KRW67.35 trillion ($45.97 billion) in the nine-month period.
Samsung Electronics Vietnam plant in Bac Ninh province, northern Vietnam. Photo courtesy of the firm.
Samsung’s four key factories in Vietnam include Samsung Electronics Vietnam Thai Nguyen (SEVT), Samsung Display Vietnam (SDV), Samsung Electronics Vietnam (SEV), and Samsung Electronics HCMC CE Complex (SEHC). In March, Samsung Vietnam appointed Na Ki Hong as its general director, succeeding Choi Joo Ho.
SEVT, headquartered in the northern province of Thai Nguyen, recorded a profit of KRW2 trillion ($1.37 billion) on a revenue of KRW29.04 trillion ($19.82 billion) in January-September, down 0.46% but up 10% year-on-year, respectively.
Notably, Samsung Vietnam has recently appointed Nguyen Hoang Giang as vice president of Samsung Electronics Vietnam Thai Nguyen (SEVT), marking the first time a local national has been named to such a senior leadership position at a manufacturing unit of the company in Vietnam.
SEV, located in the northern province of Bac Ninh, posted a profit of KRW1.42 trillion ($969.25 million) on a revenue of KRW18.92 trillion ($12.92 billion), up 8.67% and 11% year-on-year, respectively.
SDV, also in Bac Ninh province, saw its nine-month revenue decline 9.61% to KRW13.6 trillion ($9.29 billion), while profit dropped 3.9% to KRW608 billion ($415 million).
SEHC in Ho Chi Minh City recorded KRW5.78 trillion ($3.95 billion) in revenue and KRW340 billion ($232.07 million) in profit, up 8.88% and 47.32% year-on-year, respectively.
As of end-2024, Samsung had invested a total of $23.2 billion in Vietnam and employed 90,000 Vietnamese people. As of end-June 2025, Samsung's mobile phone factories in Bac Ninh and Thai Nguyen provinces had reached the milestone of producing two billion mobile phones, after 16 years of production.
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