Vietnam seeks Samsung partnership in AI-integrated chip design for data centers, telecom networks

By Minh Hue
Mon, June 9, 2025 | 3:13 pm GMT+7

Minister of Public Security Luong Tam Quang called on South Korean tech giant Samsung to strengthen its partnership with his ministry in developing Vietnam’s security industry.

The call was made during Quang’s visit to Samsung Electronics Vietnam Thai Nguyen Co., Ltd., in the northern province of Thai Nguyen on Sunday, according to the People’s Public Security newspaper.

Key areas for cooperation include support and technology transfer in AI-integrated chip design for data centers and telecommunications networks, as well as semiconductor chip foundry production lines.

Vietnamese Minister of Public Security Luong Tam Quang (third from left) visits a booth showcasing Samsung products in Thai Nguyen province, northern Vietnam. Photo couresy of Cong an Nhan dan (People’s Public Security) newspaper.

Vietnamese Minister of Public Security Luong Tam Quang (third from left) visits a booth showcasing Samsung products in Thai Nguyen province, northern Vietnam. Photo couresy of Cong an Nhan dan (People’s Public Security) newspaper.

The minister also urged Samsung to provide solutions for building a “smart task management” platform to enhance the application of generative AI in government agencies and developing and operating a digital asset trading platform and training AI-related human resources.

Samsung was also invited to cooperate with Vietnam’s National Data Center and support the Ministry of Public Security in applying high technology for national security management and surveillance.

Other areas of potential cooperation include enhancing innovation capacity for Vietnamese security industry enterprises and training human resources in technology fields. In the near term, the ministry proposed jointly developing a scientific and technological research center focused on security.

Minister Quang affirmed that the Ministry of Public Security will ensure safety and security for Samsung’s operations in Vietnam and stands ready to support and create favorable conditions for the company’s effective and successful investment.

Na Ki Hong, general director of Samsung Vietnam, said that over 50% of Samsung smartphones are currently produced in Vietnam and exported to 128 countries and territories worldwide.

Samsung is the largest foreign direct investor in Vietnam, with total investment exceeding $23.2 billion as of end-2024. It leads the country in export value and plans to invest an additional $1 billion this year.

Last year, Samsung Vietnam earned a revenue of $62.5 billion, including an export income of $54.4 billion. The number of Vietnamese vendors in the Samsung Vietnam ecosystem has reached 306.

Four major factories of Samsung Electronics in Vietnam posted a total profit of KRW966 billion ($689.4 million) in the first quarter of this year, down 39% year-on-year.

This was the lowest first-quarter profit recorded by Samsung Electronics Vietnam since 2016, according to the conglomerate’s Q1 consolidated financial statements.

Comments (0)
  • Read More
Business confidence climbs as reforms gain traction amid global headwinds: EuroCham Vietnam

Business confidence climbs as reforms gain traction amid global headwinds: EuroCham Vietnam

The index climbed to 66.5, surpassing pre-tariffs level and reaching its highest in three years – showcasing resilience and adaptability amid global headwinds and evolving U.S. tariff pressures.

Economy - Thu, October 16, 2025 | 4:36 pm GMT+7

Vietnam's stock market watchdog suspends two Grant Thornton auditors

Vietnam's stock market watchdog suspends two Grant Thornton auditors

Vietnam's State Securities Commission (SSC) has suspended two auditors from Grant Thornton Vietnam after determining that the 2024 audited financial statements of Saigon Water Infrastructure Corporation (HoSE: SII) failed to meet required standards.

Banking & Finance - Thu, October 16, 2025 | 3:35 pm GMT+7

Law No. 56 a major policy breakthrough for Vietnam's stock market development

Law No. 56 a major policy breakthrough for Vietnam's stock market development

The Law No. 56, effective January 1, 2025, is one of the major legal breakthroughs in recent years that will enhance the transparency and operational efficiency of the Vietnamese stock market.

Finance - Thu, October 16, 2025 | 2:30 pm GMT+7

WHA Group breaks ground on smart technology industrial zone in central Vietnam

WHA Group breaks ground on smart technology industrial zone in central Vietnam

Thailand's WHA Group on Tuesday broke ground on a world-class, modern, and environmentally friendly industrial zone in central Vietnam, namely the WHA Smart Technology Industrial Zone-Thanh Hoa.

Real Estate - Thu, October 16, 2025 | 2:00 pm GMT+7

Vietnam a key partner in Murphy Oil’s global strategy: exec

Vietnam a key partner in Murphy Oil’s global strategy: exec

Vietnam remains a key partner in Murphy Oil’s global business strategy, said Eric Hambly, the U.S. corporation's president and CEO.

Companies - Thu, October 16, 2025 | 12:06 pm GMT+7

VNPT, Qualcomm debut Vietnam’s 1st original design-based excellence center

VNPT, Qualcomm debut Vietnam’s 1st original design-based excellence center

State-owned Vietnam Posts and Telecommunications Group (VNPT) and Qualcomm have officially launched the VNPT-Qualcomm Excellence Center (VQEC), the first facility in the country to operate under an original design co-development model using Qualcomm’s core technologies.

Companies - Thu, October 16, 2025 | 8:41 am GMT+7

Indonesia enjoys steady growth in nine months

Indonesia enjoys steady growth in nine months

Indonesia's Ministry of Finance on Tuesday announced the country’s 2025 budget performance as of September, reporting that Southeast Asia’s largest economy continued to post steady growth despite global economic uncertainties.

Southeast Asia - Wed, October 15, 2025 | 9:53 pm GMT+7

Malaysia on progressive path towards AI nation status: experts

Malaysia on progressive path towards AI nation status: experts

Malaysia is on a progressive track towards becoming an Artificial Intelligence (AI) nation by 2030, a goal seen as achievable under Budget 2026 - the Malaysian Government’s fiscal and policy framework for 2026.

Southeast Asia - Wed, October 15, 2025 | 9:44 pm GMT+7

Thailand steps up development of semiconductor industry

Thailand steps up development of semiconductor industry

Thailand’s Board of Investment (BOI) plans to propose a new national semiconductor and advanced electronics policy board to the government, which will spearhead Thailand’s semiconductor development strategy.

Southeast Asia - Wed, October 15, 2025 | 9:40 pm GMT+7

ASEAN sets ambitious energy targets

ASEAN sets ambitious energy targets

Senior energy officials from ASEAN member nations and Timor-Leste on Tuesday convened in Kuala Lumpur, Malaysia, to finalize key outcomes and policy recommendations to be submitted to the 43rd ASEAN Ministers on Energy Meeting (AMEM).

Southeast Asia - Wed, October 15, 2025 | 9:33 pm GMT+7

Sun Group gets nod for $375 mln inland waterway tourism project in central Vietnam

Sun Group gets nod for $375 mln inland waterway tourism project in central Vietnam

A subsidiary of Sun Group, one of Vietnam’s leading real estate developers, has received approval to invest VND9.88 trillion ($375 million) in an inland waterway tourism project in the central coastal city of Danang.

Industries - Wed, October 15, 2025 | 5:21 pm GMT+7

Vietnamese luxury car dealer Haxaco’s business slumps, stock nears two-year low

Vietnamese luxury car dealer Haxaco’s business slumps, stock nears two-year low

The operations of Hang Xanh Automobile Service JSC or Haxaco (HoSE: HAX), known as the largest distributor of Mercedes-Benz vehicles in Vietnam, are under pressure as consumers tighten spending and competition among car brands intensifies.

Companies - Wed, October 15, 2025 | 5:13 pm GMT+7

Vietnam sets 2026 GDP growth target at 10%

Vietnam sets 2026 GDP growth target at 10%

The Vietnamese Government has set the targets for economic expansion in 2026 at about 10% and inflation at 4.5%.

Economy - Wed, October 15, 2025 | 4:28 pm GMT+7

Movement of mega projects creates momentum for central Vietnam's Van Phong Economic Zone

Movement of mega projects creates momentum for central Vietnam's Van Phong Economic Zone

A series of large-scale projects in Van Phong Economic Zone are being accelerated, opening new prospects for breakthroughs in this key growth hub of Khanh Hoa province.

Industries - Wed, October 15, 2025 | 12:24 pm GMT+7

Vietnam's International Financial Center ambition can unlock new wave of innovation

Vietnam's International Financial Center ambition can unlock new wave of innovation

By embedding clarity, consistency, and collaboration into the foundations of its International Financian Center, Vietnam can create not just another financial center, but a hub for innovation that connects Asia to the world, writes Phil Wright, COO, HSBC Vietnam.

Consulting - Wed, October 15, 2025 | 11:03 am GMT+7

Gamuda Land expands Singapore portfolio with Chencharu Close win

Gamuda Land expands Singapore portfolio with Chencharu Close win

Gamuda Berhad has announced that its property arm, Gamuda Land, has formally executed the acceptance of the award for a significant land parcel at Chencharu Close, Yishun, Singapore.

Companies - Wed, October 15, 2025 | 10:41 am GMT+7