Samsung’s ex-HR head Na Ki-hong to lead Samsung Vietnam from next month
Na Ki-hong, deputy CEO of Samsung Vietnam and former human resources head at Samsung Electronics, will succeed Choi Joo Ho as CEO of Samsung Vietnam from February.
Choi Joo Ho made the statement at a Thursday meeting with Vinh Phuc province authorities, ahead of the Lunar New Year holiday (Tet). He also said he appreciated Vinh Phuc’s support for approximately 50 Samsung vendors in the northern province.

Vinh Phuc Chairman Tran Duy Dong (seventh, right), Samsung Vietnam CEO Choi Joo Ho (eighth, right), Samsung Vietnam deputy CEO Na Ki-hong (eight, left) at a meeting in Vinh Phuc province, northern Vietnam, January 16, 2025. Photo courtesy of Vinh Phuc newspaper.
The South Korean chaebol has so far invested nearly $23 billion in Vietnam and is the biggest foreign investor in the country. Samsung’s network in Vietnam, not including vendors, features six major factories, one research & development (R&D) facility, one selling entity, employing nearly 90,000 people.
Samsung is committed to jointly developing Vietnam’s sustainable growth, investing more in the country, and helping with high-quality workforce training, Choi Joo Ho said. Choi Joo Ho has been leading Samsung Vietnam since December 2018.
In reply, Vinh Phuc Chairman Tran Duy Dong affirmed the province will continue facilitating Samsung vendors. He called on Samsung and its vendors to invest more in Vinh Phuc, especially in workforce training.
Samsung Vietnam owns six production facilities and one R&D center. Major ones are Samsung Electronics Vietnam Thai Nguyen (SEVT) and Samsung Electro-Mechanics in Thai Nguyen province; Samsung Display Vietnam (SDV) and Samsung Electronics Vietnam (SEV) and Samsung SDI Vietnam in Bac Ninh province; and Samsung Electronics HCMC CE Complex (SEHC) in Ho Chi Minh City.
Samsung factories in Bac Ninh province earned revenue of $31.4 billion in 2024, down 10% year-on-year. Plants of Samsung in Thai Nguyen province earned a total revenue of $26.3 billion in 2024, up 5%
- Read More
Vietnam's logistics heavyweight Gemadept plans over $38 mln buyback if shares plunge
Gemadept, Vietnam's leading port and logistics company, listed on the Ho Chi Minh Stock Exchange as GMD, plans to buy back 21 million shares, equivalent to 5% of its outstanding shares.
Companies - Thu, June 5, 2025 | 3:32 pm GMT+7
Vietnam, US to hold third round of reciprocal trade pact talks in first half of June
The third technical round of negotiations for a reciprocal trade agreement between Vietnam and the U.S. is expected to take place in the first half of June, as agreed by their trade ministers on Wednesday.
Economy - Thu, June 5, 2025 | 3:22 pm GMT+7
Housing developer Vinhomes, consortium partners win bid for $10 bln urban area project in central Vietnam
Vinhomes, the housing development arm of Vietnam’s conglomerate Vingroup (HoSE: VIC), and its consortium partners have won the bid to develop a VND260.3 trillion ($9.97 billion) urban area project in the south-central province of Khanh Hoa.
Real Estate - Thu, June 5, 2025 | 12:15 pm GMT+7
Agriculture ministry proposes police probe into allegations C.P. Vietnam sold 'diseased pork'
The Ministry of Agriculture and Environment on Wednesday asked the Ministry of Public Security to investigate social media allegations that C.P. Vietnam, a subsidiary of Thailand’s food giant Charoen Pokphand Foods Public Company Limited (CPF), sold “diseased pork.”
Companies - Thu, June 5, 2025 | 8:32 am GMT+7
Vietnam a strategic manufacturing hub in Asia amid global supply chain reshuffle: exec
Vietnam has emerged as a strategic manufacturing hub in Asia amid the substantial restructuring of global supply chains, said Dhamcharee Varaporn, managing director of RX Tradex Thailand & Vietnam, a leading exhibition organizer.
Companies - Thu, June 5, 2025 | 8:00 am GMT+7
Vietnam's major developer Tan Hoang Minh wants to make Da Lat 'Asia’s most livable town'
Do Anh Dung, chairman of Tan Hoang Minh, on Tuesday proposed that authorities of Lam Dong province support the property developer in planning a 4,320-hectare smart urban area project in the resort town of Da Lat.
Real Estate - Wed, June 4, 2025 | 10:36 pm GMT+7
Vietnam’s economic landscape 'positive' amid global headwinds: Prime Minister
Vietnam’s socio-economic situation has been trending positively, with stable macroeconomic conditions, inflation under control, and major economic balances well maintained, says Prime Minister Pham Minh Chinh.
Economy - Wed, June 4, 2025 | 5:23 pm GMT+7
Unleashing the quantum power in banking
While quantum computing remains in its early stages, its potential to reshape the financial landscape is undeniable. Institutions that act now, by investing in research, forming strategic partnerships, and deploying pilot use cases, will be at the forefront of this transformation, writes Phillip Wright, COO at HSBC Vietnam.
Consulting - Wed, June 4, 2025 | 3:59 pm GMT+7
How Jardine Matheson expands footprint in Vietnam
From a quiet financial investment in 2008, Jardine Matheson, a diversified, Asia-focused investment company based in Bermuda, has steadily expanded its influence in Vietnam, one of Southeast Asia’s fastest-growing economies.
Companies - Wed, June 4, 2025 | 2:57 pm GMT+7
Vietnam, Japan see 'strong collaboration prospects in developing green, eco-friendly products'
Vietnam and Japan have vast potential for cooperation in the development of green and environmentally friendly products, said general secretary of the ASEAN-Japan Center (AJC) Kunihiko Hirabayashi.
Economy - Wed, June 4, 2025 | 12:16 pm GMT+7
Quynh Lap LNG-fired power project in central Vietnam seeks in-principle approval
The $2.15 billion Quynh Lap LNG-fired power project, located in Nghe An province, is drawing significant interest from both international and domestic investors.
Energy - Wed, June 4, 2025 | 9:28 am GMT+7
Indonesia's coal exports dip on weak demand
Indonesia's coal exports dropped 6.43% to 160 million tons during January-April, according to the Energy and Mineral Resources Ministry.
Southeast Asia - Wed, June 4, 2025 | 8:48 am GMT+7
Vietnam's benchmark VN-Index may reach 1,500 points: analyst
The current valuation of the Vietnamese stock market is quite attractive, and the VN-Index may return to its historical peak of 1,500 points by the end of this year, says Phan Dung Khanh, director of investment advisory at Maybank Investment Bank.
Finance - Wed, June 4, 2025 | 8:38 am GMT+7
Vietnam's agro-forestry-fishery export tops $28 billion in 5 months
Vietnam shipped $6.28 billion worth of agro-forestry-fishery products abroad in May, propelling the cumulative total for the first five months of the year to $28.04 billion, a year-on-year increase of 19.6% and 15.1%, respectively.
Companies - Wed, June 4, 2025 | 8:08 am GMT+7
Brewing change: Carlsberg Vietnam walks the talk on World Environment Day
On a bright morning in Phuoc Tinh commune, Long Dat district, Ba Ria-Vung Tau province, about 200 volunteers from Carlsberg Vietnam, including employees, senior leaders, and their families, rolled up their sleeves for a meaningful coastal clean-up.
Companies - Wed, June 4, 2025 | 8:00 am GMT+7
Vietnam plans to spend over $2 bln on US agri imports
Vietnam’s Ministry of Agriculture and Environment is expected to sign MoUs to purchase over $2 billion worth of U.S. agricultural, forestry, and fishery products.
Economy - Tue, June 3, 2025 | 10:01 pm GMT+7