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.
On the 11,603 square meters of land, the 16-story facility has a floor area of 79,511 square meters where 2,200 researchers will carry out projects for mobile devices, network communication technologies, and software, according to the Korean tech giant.

Prime Minister Pham Minh Chinh (third, left), Samsung Electronics executive chairman Lee Jae-yong (third, right), and other VIPs at the Samsung R&D center launching ceremony in Hanoi December 23, 2022. Photo courtesy of Vietnam News Agency.
In Samsung Group’s long-term strategy, Vietnam is moving beyond its status as a significant global manufacturing base and evolving into a strategic R&D hub.
"I expect the R&D center to contribute to Vietnam's industrial competitiveness and to the relationship between South Korea and Vietnam," Samsung Electronics executive chairman Lee Jae-yong said at the opening ceremony in Hanoi.
The major event was attended by Vietnamese Prime Minister Pham Minh Chinh, Science and Technology Minister Huynh Thanh Dat, and senior Samsung executives, including Roh Tae-moon, president and head of mobile business at Samsung Electronics, and Choi Joo-sun, president and CEO of Samsung Display.
The Vietnamese PM said he wished Samsung would continue to expand investment and business activities in the country, and turn the new Hanoi facility into a leading research center in Southeast Asia and the world.
The PM pledged to create favorable conditions for the giant’s business projects in Vietnam, an emerging destination for international electronics manufacturers.
Samsung made inroads into Vietnam as early as 1989, when Samsung Group’s construction unit Samsung C&T set up an office here. Samsung Electronics then established its Vietnam office in Ho Chi Minh City in 1995.
Samsung Vietnam also has an operational R&D center, also located in Hanoi. The newest center, worth $220 million, is directly under the parent Samsung Electronics.
In Vietnam, Samsung Electronics is operating smartphone, TV, display panel, and home appliances factories in HCMC, and the northern provinces of Bac Ninh and Thai Nguyen.
The country’s Samsung smartphone factories are responsible for producing almost half of the company’s Galaxy smartphones.

Samsung Electronics executive chairman Lee Jae-yong tours a Samsung smartphone factory in Vietnam on December 22, 2022. Photo courtesy of the company.
Since establishing a mobile phone manufacturing plant in Bac Ninh in 2008, Samsung has been more aggressively investing in Vietnam. To date, it has invested $18 billion in the Southeast Asian country to become the largest single foreign investor here, and has plans to add $2 billion in the time to come.
- Read More
What makes NobleGo - Vietnam’s first home-bidding livestream platform - so notable?
NobleGo – Vietnam’s pioneering AI-powered livestream real estate bidding platform developed by Sunshine Group – has completed its first 20 livestream sessions.
Real Estate - Tue, September 16, 2025 | 4:53 pm GMT+7
Japanese retailer Aeon to debut another northern Vietnam shopping mall by end-2026
Japanese-backed Aeonmall Vietnam is ramping up construction on its Aeon Mall Ha Long project in Quang Ninh province, home to Ha Long Bay, with an aim to open it to the public by end-2026.
Industries - Tue, September 16, 2025 | 3:54 pm GMT+7
Hanoi terminates Vinaxuki auto plant project, repurposes land for commercial complex
A long-stalled automotive manufacturing project by Xuan Kien Auto JSC (Vinaxuki) has been officially terminated by Hanoi authorities, and the reclaimed land in Phuc Thinh commune will be repurposed for a new commercial and service complex.
Industries - Tue, September 16, 2025 | 2:44 pm GMT+7
Central Vietnam province reviews investment proposal for thermal power project after Thai EGATi pullout
Authorities in the central province of Quang Tri are evaluating a proposal from Power Generation JSC 1 (EVNGENCO 1), a subsidiary of state utility Vietnam Electricity (EVN), to take over the Quang Tri thermal power plant project, following the withdrawal of Thai investor EGATi.
Energy - Tue, September 16, 2025 | 1:44 pm GMT+7
Amata to sell stakes worth $46 mln in Vietnam units to Novaland-tied buyers
Amata VN, the Vietnam arm of Thailand’s leading industrial park developer Amata, has approved a plan for its subsidiary Amata City Long Thanh Urban JSC (ACLT) to sell its remaining 51% stakes in two entities to local developer Novaland-linked buyers.
Real Estate - Tue, September 16, 2025 | 12:19 pm GMT+7
Vietnam already meets FTSE's criteria for stock market status upgrade: Finance Minister
Vietnam has fulfilled the criteria for a stock market status upgrade by FTSE Russell through reforms aimed at facilitating foreign investment inflows into its market, said Minister of Finance Nguyen Van Thang.
Economy - Tue, September 16, 2025 | 9:36 am GMT+7
Banks should be allowed to distribute, invest in mutual fund certificates: Vietnam's finance ministry
The Ministry of Finance is proposing a key reform that would allow commercial banks to invest in and distribute mutual fund certificates, as part of a broader plan to restructure the investor base and foster the development of Vietnam’s fund management industry.
Finance - Tue, September 16, 2025 | 8:00 am GMT+7
E-commerce boom a major driver of Vietnam's packaging paper industry growth
Vietnam's paper packaging industry is entering a period of strong growth, with an average annual growth rate forecasted at 10% until 2030.
Companies - Mon, September 15, 2025 | 10:20 pm GMT+7
Vietnam needs support from UK in developing international financial center: Deputy PM
Permanent Deputy Prime Minister Nguyen Hoa Binh has called on the UK and the City of London to continue supporting and accompanying Vietnam in promoting and introducing its international financial center (IFC).
Finance - Mon, September 15, 2025 | 10:12 pm GMT+7
Vietnam enforces 8% capital adequacy ratio for banks from Sept 15
Commercial banks and foreign bank branches in Vietnam must maintain a minimum capital adequacy ratio (CAR) of 8%, including at least 4.5% in Tier 1 core capital and 6% in Tier 1 capital, starting from September 15.
Banking - Mon, September 15, 2025 | 10:04 pm GMT+7
Tool for wood traceability management debuts in Vietnam
The Vn-WoodID application has been officially launched in Vietnam, becoming a key tool contributing to wood traceability.
Companies - Mon, September 15, 2025 | 10:00 pm GMT+7
Sun Group, US Embassy foster aviation-hospitality cooperation
Sun Group, in collaboration with the US Embassy in Vietnam, hosted the US – Vietnam Aviation Partnership Roundtable on September 12, bringing together 15 leading American corporations in aviation, technology, and financial services, opening up opportunities to position Phu Quoc as a new aviation and tourism hub in the region.
Companies - Mon, September 15, 2025 | 9:54 pm GMT+7
Vietnam tops Thai giant SCG’s overseas markets with 9% revenue contribution in H1
Vietnam remained the largest overseas market for Thailand’s Siam Cement Group (SCG) in the first half of 2025, contributing 9% of consolidated sales.
Companies - Mon, September 15, 2025 | 8:10 pm GMT+7
Central Vietnam to have new airport Mang Den
Procedures to adjust Vietnam's airport system planning, including the addition of Mang Den Airport in central Vietnam, are being proceeded, according to the Ministry of Construction.
Infrastructure - Mon, September 15, 2025 | 5:16 pm GMT+7
Vietnam's government seeks to position country as 'regulated hub for digital assets in Asia': Dragon Capital
The Vietnamese Government has advanced the regulation of digital assets, with a resolution launching a five-year pilot framework for issuance and trading. This framework signals the Government’s intent to position the country as a regulated hub for digital assets in Asia, which could attract new capital inflows, write Dragon Capital analysts.
Economy - Mon, September 15, 2025 | 2:20 pm GMT+7
Agribank introduces sizable $4.17 bln preferential credit package
Right from the beginning of 2025, Agribank launched a substantial preferential credit package worth VND110 trillion ($4.17 billion) to support individual customers.
Companies - Mon, September 15, 2025 | 1:32 pm GMT+7