Prime Minister Pham Minh Chinh hosted a meeting in Hanoi on February 12 with Choi Joo Ho, General Director of Samsung Vietnam, and his successor, Na Ki Hong.

During the meeting, the cabinet leader noted his appreciation for Choi’s contributions to Samsung’s operations in Vietnam and the broader Vietnam-Republic of Korea (RoK) partnership. He encouraged Na to continue implementing Samsung’s investment strategies effectively.

Choi and Na reaffirmed Samsung’s position as Vietnam’s largest foreign direct investor, with a total registered capital of US$23.2 billion. In 2024, the company recorded revenue of US$62.5 billion and exports valued at US$54.4 billion.

Since 2014, Samsung has expanded its network of Vietnamese suppliers to 306 companies and launched multiple initiatives to support the local supply chain, including business improvement programs, smart factory development, and training for consultants and mold experts.

They expressed gratitude to the Vietnamese Government, particularly PM Chinh, for its continued support of Samsung’s operations in Vietnam. Looking ahead, Samsung plans to expand its investments beyond traditional sectors into areas such as artificial intelligence, semiconductors, and digital transformation.

The Vietnamese Government leader hailed Samsung’s achievements and Choi’s leadership over his two terms in Vietnam. He expressed hope that Choi, in any future capacity, would continue contributing to Samsung’s success in Vietnam and propelling Vietnam-RoK relations forward.

He reaffirmed the Vietnamese Government’s commitment to supporting Samsung’s sustainable and successful operations, in line with the growing comprehensive strategic partnership between the two countries.

Chinh urged Samsung to enhance collaboration with local enterprises to integrate them more deeply into the company’s global supply chain. He also encouraged the company to expand its research and development (R&D) activities, increase investment in training centers at Vietnam’s National Innovation Center (NIC), and support local startups and digital transformation efforts.

Vietnam remains committed to improving its investment environment and driving three strategic breakthroughs to achieve 8% GDP growth in 2025 and double-digit growth in the near future. PM Chinh expressed his hope that Samsung would continue to thrive in Vietnam, entering a new era of stronger development.

Top Vietnamese legislator hosts Samsung Vietnam's leader

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