Recognising the vast potential of Vietnam’s developing IT industry, more the Republic of Korea (RoK)'s high-tech tech firms are looking to ramp up their production in the Southeast Asian country.
VOV.VN - Samsung Electronics has initiated plans to end production of its personal computers in China as the firm looks to shift production to Vietnam in an effort to cut costs and remain competitive within the PC market, according to Nikkei Asian Review.
ChosunBiz, a newspaper in the Republic of Korea, on May 6 run a story highlighting Vietnam’s success in containing the COVID-19 pandemic.
Samsung Vietnam has announced the commencement of construction on a new 220 million USD research and development (R&D) centre in Vietnam, with completion scheduled for late 2022.
The Vietnam Report JSC and VietNamNet newspaper announced the top 500 largest enterprises in Vietnam (VNR500) in 2019 at a ceremony in Hanoi on January 9.
Prime Minister Nguyen Xuan Phuc met with Vice Chairman of Samsung Electronics Lee Jae-yong on November 28 as part of his official visit to the Republic of Korea (RoK).
Phones and components led all export items to the Republic of Korea (RoK) in the first eight months of 2019, accounting for 26.4 percent of total shipments, data of the General Department of Customs showed.
Two-way trade between the Republic of Korea (RoK) and Vietnam increased 7% in the first 11 months of this year compared with a year ago, the Korean Ministry of Trade, Industry and Energy announced on December 19.
Despite Vietnam’s large trade deficit with the Republic of Korea, concerns are being allayed with the latter boosting investment and exports for production and re-export in the former, to take advantage of tax cuts under a regional trade pact.
Samsung Electronics Vietnam has funded the construction of standard toilets completed with water purification systems for 26 elementary and secondary schools in the northern province of Bac Giang, benefiting more than 13,100 students.
Twenty-six schools in the northern province of Bac Giang will have new toilets and water filtering systems thanks to a programme funded by Samsung Electronics Vietnam.
VOV.VN - Huge investments by Samsung Electronics in principally the manufacture of smartphones has driven an increase in exports from Vietnam over the past couple of years, says Ph.D. Nguyen Thang.
VOV.VN - The Vietnam gross domestic product jumped to 6.2% for the three months leading up to July on the back of a resurgence in exports of Samsung Electronics, reports the Nikkei Asian Review.
VOV.VN - The competitiveness of the Vietnam private sector is at a crossroads, said speakers at a recent conference sponsored by the Ministry of Industry and Trade in the capital city of Hanoi.
Samsung finds itself in hot water with its last year overly wrought with exploding mobile phones and political scandals. Will this affect the group’s plans in Vietnam?
VOV.VN - The Vietnam government is intent on fostering the development of a competitive supply chain in the manufacturing sector— a prerequisite to capitalizing on the benefits of trade agreements, say experts.
VOV.VN - Perhaps no country more than Vietnam will feel the effects of the demise of the Trans Pacific Partnership (TPP) in terms of diminished foreign direct investment and trade, says the Ho Chi Minh City People’s Committee.
Large multinational manufacturing conglomerates have capital and technologies, but lack sufficient number of good workers in their home countries.
The decision of Samsung to stop producing its flagship Galaxy Note 7 worldwide may adversely affect the export revenue of Vietnam, home to two major mobile production complexes of the Korean smartphone maker, industry insiders say.
VOV.VN -Vietnam has emerged as one of the top three export destinations for the Republic of Korea (ROK), according to statistics from the Korea International Trade Association (KITA).