How leading Thai Nguyen-based firm Thai Hung has constantly expanded

How leading Thai Nguyen-based firm Thai Hung has constantly expanded

As a leading enterprise in the northern province of Thai Nguyen, Thai Hung Trading JSC has amassed a large area of land and set up strong relationships within the locality.

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

Samsung Electro-Mechanics, Samsung SDI post Vietnam revenue of $2.4 bln in 2023

Samsung Electro-Mechanics, Samsung SDI post Vietnam revenue of $2.4 bln in 2023

Samsung Electro-Mechanics (SEM) - the semiconductor and camera module arm of South Korea chaebol Samsung, and Samsung SDI - the battery arm of Samsung, earned combined revenue of $2.36 billion in Vietnam in 2023, according to their separate financial statements.

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

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

China’s Trina Solar to pour additional $454 mln into solar cell plant in northern Vietnam

China’s Trina Solar to pour additional $454 mln into solar cell plant in northern Vietnam

Trina Solar Cell (Vietnam) Co., a unit of China-based photovoltaics (PV) company Trina Solar, has received a license to build a $454-million solar cell plant in Thai Nguyen, the third of its kind in the northern province.

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

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

China’s Trina Solar to invest additional $420 mln in Vietnam’s Thai Nguyen province

China’s Trina Solar to invest additional $420 mln in Vietnam’s Thai Nguyen province

Trina Solar will invest a further $420 million in the northern province of Thai Nguyen, a delegation of the China-headquartered solar panel maker said on Sunday.

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

Sales, profits of Samsung Vietnam subsidiaries fall in H1

Sales, profits of Samsung Vietnam subsidiaries fall in H1

Samsung's four subsidiaries in Vietnam made a total profit of KRW2,999 billion ($2.26 billion) in the first half of this year, down 11.2% year-on-year, according to the South Korean tech giant's interim business report.

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

Trina Solar Vietnam factory churns out silicon wafers

Trina Solar Vietnam factory churns out silicon wafers

The Vietnam factory of China-headquartered solar panel maker Trina Solar has rolled out its first silicon wafers slated for domestic consumption as well as exports to the U.S. and Thailand.

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

Samsung vendor to build new factory in northern Vietnam

Samsung vendor to build new factory in northern Vietnam

SR Tech, a Samsung vendor, plans to build a four-hectare factory in the northern province of Thai Nguyen, a senior executive said Friday.

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

S Korean electronics giants report Q1 profit dip in Vietnam

S Korean electronics giants report Q1 profit dip in Vietnam

Vietnamese subsidiaries of South Korean giants LG Electronics and Samsung have reported lower after-tax profits year-on-year in the first quarter of this year.

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

Samsung Vietnam subsidiaries make $1.1 bln profit in Q1

Samsung Vietnam subsidiaries make $1.1 bln profit in Q1

Samsung's four subsidiaries in Vietnam reaped a total profit of KRW1,407.5 billion ($1.08 billion) in the first quarter of this year, down 18.4% year-on-year, according to the South Korean tech giant's interim business report.

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

Construction materials maker Viglacera to establish $25.5 mln subsidiary

Construction materials maker Viglacera to establish $25.5 mln subsidiary

Viglacera, Vietnam's leading producer of building materials, has decided to establish a subsidiary in Thai Nguyen province with total charter capital of VND600 billion ($25.5 million).

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

China electronics firm DBG inaugurates $80 mln factory in northern Vietnam

China electronics firm DBG inaugurates $80 mln factory in northern Vietnam

DBG Technology Vietnam, under Hong Kong-based DBG Electronics Investment Limited, inaugurated a $80-million factory in the northern province of Thai Nguyen on Wednesday.

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

Samsung denies claims smartphone production is moving to India

Samsung denies claims smartphone production is moving to India

Rumors regarding Samsung moving its smartphone production lines from Vietnam to India are unfounded, according to Samsung Vietnam CEO Choi Joo Ho.

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

Sunny Optical prepares new $2.5 bln investment in Vietnam

Sunny Optical prepares new $2.5 bln investment in Vietnam

Sunny Optical Technology, a supplier to major smartphone brands worldwide, is poised to invest an additional $2.5 billion building a manufacturing complex in northern Vietnam, where the Chinese group has already invested $130 million in four operating plants.

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

Samsung's Vietnam subsidiaries reap $4.67 bln profit in 2022

Samsung's Vietnam subsidiaries reap $4.67 bln profit in 2022

South Korean tech giant Samsung’s four subsidiaries in Vietnam reported after-tax profits of KRW6,055.9 billion ($4.67 billion) in 2022, up 16.28% year-on-year.

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

Samsung Vietnam reports 14% growth in Q3 profit

Samsung Vietnam reports 14% growth in Q3 profit

South Korean tech giant Samsung’s four subsidiaries in Vietnam reported profits of KRW1.68 trillion ($1.29 billion) in the third quarter of this year, up 14.15% year-on-year.

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

Thai Nguyen kicks off construction of 3 industrial clusters

Thai Nguyen kicks off construction of 3 industrial clusters

Saigon Telecommunications Technology JSC (Saigontel) commenced Wednesday the construction of three industrial clusters worth VND1,200 billion ($48.26 million) in the northern province of Thai Nguyen.

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

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

Samsung Vietnam reports $1.18 bln in Q2 profit

Samsung Vietnam reports $1.18 bln in Q2 profit

South Korean tech giant Samsung’s four subsidiaries in Vietnam earned profits of KRW1,652 billion ($1.18 billion) in the second quarter, up 40.42% year-on-year.

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

Samsung pumps another $841 mln into Vietnam

Samsung pumps another $841 mln into Vietnam

Samsung Electronics Co.’s unit in Ho Chi Minh City’s Saigon Hi-Tech Park has been allowed to add $841 million to its capital, totaling an investment of $2.84 billion.

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