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PM Phuc expects Samsung’s expanded production activities

PM Phuc expects Samsung’s expanded production activities

VOV.VN -Prime Minister Phuc expressed his hope that Samsung will go ahead with commitments to expanding its production activities in Vietnam in the time ahead while receiving Shim Won-hwan, Chairman and General Director of Samsung Electronics Co., Ltd., of the Republic of Korea (RoK) in Hanoi on January 11.

Trade deficit not a cause for concern

Trade deficit not a cause for concern

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.

Vietnam – attractive destination to RoK manufacturers: report

Vietnam – attractive destination to RoK manufacturers: report

Manufacturers from the Republic of Korea have been shifting the focus of their overseas direct investment to Vietnam from China thanks to tax benefits, cheaper labour and other favourable conditions, said a report released by the Federation of Korean Industries on November 22.

Dong Nai ranks third for FDI attraction

Dong Nai ranks third for FDI attraction

VOV.VN - The southern province of Dong Nai currently ranks third among localities nationwide for attracting foreign direct investment (FDI), only behind Ho Chi Minh City and Binh Duong, according to the provincial Department of Planning and Investment.

PM asks Samsung to turn Vietnam into its biggest hub

PM asks Samsung to turn Vietnam into its biggest hub

Prime Minister Nguyen Xuan Phuc received Vice Chairman of Samsung Group Lee Jae-yong in Hanoi on October 30, asking the Republic of Korea-based firm to expand investment and turn Vietnam into its largest production hub.

High-end smartphone prices plummet as new iPhones arrive

High-end smartphone prices plummet as new iPhones arrive

Retailers have slashed prices for Galaxy Note 8, S9, Sony Xperia XZ2, BlackBerry Key 2 and old-generation iPhones as new iPhones have arrived in Vietnam, while genuine 2018 iPhones will hit the shelves soon.

Vietnam-Korea Design Centre debuts in Hanoi

Vietnam-Korea Design Centre debuts in Hanoi

VOV.VN - On October 5, the Vietnam Trade Promotion Agency (Vietrade) in collaboration with the Korean Institute of Design Promotion (KIDP), the Ministry of Trade, Industry and Energy of Korea inaugurated the Vietnam-Korea Design Centre at 17 Yet Kieu street, Hai Ba Trung district, Hanoi.

M&A deals fuel investment from Asia

M&A deals fuel investment from Asia

Money from Asian investment funds is finding its way to Vietnam’s listed equities, spurred by mergers and acquisitions of conglomerates from Japan, Thailand, and the Republic of Korea.

Samsung Vietnam serve up healthy meals for workers

Samsung Vietnam serve up healthy meals for workers

VOV.VN - The canteen at Samsung Electronics Vietnam (SEV) in the northern province of Bac Ninh is a spacious comfortable area, providing nutritious meals for local workers in a smart and efficient way.

Domestic companies earn US$33 billion from Jan-June exports

Domestic companies earn US$33 billion from Jan-June exports

The domestic business sector earned roughly US$33.1 billion in outbound sales in the first half of the year, increasing by 19.9% year-on-year, according to a newly released report by the Ministry of Industry and Trade (MoIT) on its website.

Chinese smartphones invade Vietnamese market

Chinese smartphones invade Vietnamese market

The eye-catching positions at mobile phone shops in Hanoi and HCM City are now reserved for Oppo, Huawei and Vivo products, next to the areas reserved for the bestsellers of Samsung and Apple.

IIP sees lowest growth rate in five months: GSO

IIP sees lowest growth rate in five months: GSO

The national index of industrial production (IIP) in the first five months rose 9.7 percent year-on-year, higher than the growth rate of 6.6 per cent of the corresponding period last year, according to the General Statistics Office (GSO).

Hanoi hopes to enhance relations with RoK

Hanoi hopes to enhance relations with RoK

Chairman of the Hanoi People’s Committee Nguyen Duc Chung expressed his hope that Ambassador of the Republic of Korea (RoK) Kim Do-hyun will serve as a bridge connecting Hanoi and the RoK’s localities while hosting the newly-accredited diplomat on May 28.

Samsung supports Vietnamese contestants in World Skills Competition

Samsung supports Vietnamese contestants in World Skills Competition

VOV.VN - The Samsung Electronics Vietnam (SEV), Samsung Skills Training Centre (SSTC), and the General Directorate of Vocational Training on May 11 signed a memorandum of understanding (MoU) on a program to support the training of Vietnamese contestants and experts in attending the 45th World Skills Competition (WSC).

Firms advised to better capitalise on Vietnam-Korea FTA

Firms advised to better capitalise on Vietnam-Korea FTA

The enforcement of the Vietnam-Korea Free Trade Agreement (VKFTA) has been bringing new opportunities to businesses of both nations, but the number of Vietnamese firms capitalising on the deal is lower than expected.

Vietnam’s FDI attraction in retrospect

Vietnam’s FDI attraction in retrospect

VOV.VN - In late 1987, the Vietnamese National Assembly promulgated the Law on Foreign Investment which has greatly contributed to national development, especially the renewal process. Vietnam has evolved from a poor country to a middle-income country with a rapid rate of integration and growing status in the world.