Samsung wants to change the purpose of the R&D Center or transfer the building and its related land-use rights to another party, in case of necessity.
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.
About 300 poor elementary and secondary school students in the northern mountainous province of Thai Nguyen will have a new school named Samsung Hope School which was inaugurated on June 26.
The increasing number of Vietnamese suppliers who provide parts and components to Samsung would not only help Samsung Vietnam (SEV) reduce its production costs, but also develop the country’s auxiliary industry, according to Kim Dong Hwan, SEV’s deputy general director.
By expanding its businesses in Vietnam, Samsung’s contribution to the Vietnamese economy is getting larger.
Samsung Vietnam’s turnover in 2016 touched US$46.3 billion, while its exports reached US$39.9 billion, rising 9.9% compared to 2015, despite the Galaxy Note 7 recall.
Samsung was forced to recall 2.5 million units globally following complaints its battery exploded while charging.
Two subsidiaries of Samsung Electronics in Vietnam earned huge profits of VND70 trillion in 2015, but did not have to pay VND13 trillion in corporate income taxes as it enjoys tax incentives.
Vietnam remains a new bright spot for Korean investors in Southeast Asia, as evidenced by their increasing presence in Vietnam.
The Republic of Korea’s Samsung has given a smart classroom, equipped with its Samsung Smart School solutions, to Hanoi’s Tran Phu high school.
The Ministry of Finance spoke with Korean firms late last week to provide latest updates in tax and customs policies and heard complaints faced by businesses during the implementation.
(VOV) -Vietnamese and Republic of Korean (RoK) executives examined the possibility of strengthening cooperation in developing the support industry in Vietnam, at a seminar in Hanoi on September 11.
The northern province of Bac Ninh will provide over VND346 billion (US$16 million) to help Samsung Electronics Vietnam (SEV) build a production factory and social welfare establishments in Yen Phong Industrial Zone.
(VOV) -Samsung has recently been granted an investment license to build a mobile phone and electronics production plant in the northern province of Bac Ninh.