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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam government looks at Samsung's Global Minimum Tax proposals

Vietnam government looks at Samsung's Global Minimum Tax proposals

The Vietnamese government has already studied Samsung's proposals regarding the country's implementation of the Global Minimum Tax in 2024, and regulators are supposed to promptly work out proper relevant solutions, Deputy Prime Minister Le Minh Khai said.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7