Samsung chairman Lee Jae-yong to visit Vietnam late this year
VOV.VN - Lee Jae-yong, chairman of Samsung Electronics, is expected to travel to Vietnam at the end of this year to strengthen the giant’s global management and seek new investment opportunities, reported Korean media outlets.
Plans for the visit is being discussed within the group, The Korea Times said on October 30, citing industry officials.
He is anticipated to visit Samsung’s US$220 million Vietnam Research and Development Centre in Hanoi which is due to complete construction by the end of the year.
Several days ago Lee was appointed chairman of Samsung Electronics - the world’s leading chip manufacturer.
He was originally scheduled to visit Vietnam to attend the groundbreaking ceremony of the R&D centre in February 2020, but the event was canceled due to the COVID-19 outbreak.
Eight months later, he travelled to Vietnam to review the progress of the R&D project. During a meeting with the then Prime Minister Nguyen Xuan Phuc, Lee said, “We will support the new R&D center to become a base for Samsung Group’s research and development.”
Currently Vietnam is considered Samsung’s global production base. The tech giant is operating two smartphone factories and TV and home appliance factories in Vietnam. The Vietnam plant produces more than 50% of Samsung Electronics' smartphones sold worldwide.