Samsung opens 220 million R&D center in Viet Nam

Samsung Electronics Co. on December held an opening ceremony for a research and development center in Viet Nam, in what the tech giant said is the largest such facility in the Southeast Asian country set up by a foreign firm.
aa
Samsung opens 220 million R&D center in Viet Nam - Ảnh 1.

The ceremony was attended by Vietnamese Prime Minister Pham Minh Chinh and Samsung Electronics Executive Chairman Lee Jae-yon.

The 16-storey center was designed to house 2,200 employees who will research and develop software and technologies for mobile phones and other smart and network devices, the company said, adding it will make the center become Samsung's global technology foothold for wireless devices.

"The Samsung R&D center in Viet Nam will contribute not only to strengthening Viet Nam's industrial competitiveness but also to promoting friendly cooperation between Korea and Viet Nam," Chairman Lee said during the ceremony.

Samsung made inroads into Viet Nam in 1989, when Samsung C&T Corp., the construction unit of Samsung Group, set up a trade office there. Samsung Electronics officially established its Viet Nam office in Ho Chi Minh City in 1995.

Since establishing a mobile phone manufacturing plant in Bac Ninh, north Vietnam, in 2008, Samsung has been more aggressively investing in the country to become one of the largest foreign investors in the Southeast Asian country.

Last June, the Korean tech giant announced plans to increase its investment in Viet Nam from US$18 billion to US$20 billion./.

News.chinhphu.vn

Đọc thêm

Giang Dien Industrial Park offers prime land near Long Thanh Airport

Giang Dien Industrial Park offers prime land near Long Thanh Airport

Clean land funds in prime southern industrial locations are becoming increasingly scarce as competition intensifies, with sites near Long Thanh International Airport drawing strong investor interest.
Viconship acquires real estate company

Viconship acquires real estate company

Vietnam Container Shipping, a leading logistics provider, announced the acquisition of a 65 per cent equity interest in Harbour City Co. Ltd on March 16, to implement a real estate project in Haiphong city.
Hanoi plans financial centres in Hoan Kiem and Nhat Tan

Hanoi plans financial centres in Hoan Kiem and Nhat Tan

Hanoi is planning to develop financial centres in Hoan Kiem and the Nhat Tan as part of its long-term urban development strategy.
Sun Group takes controlling stake in Vietnam Digital Asset JSC

Sun Group takes controlling stake in Vietnam Digital Asset JSC

Sun Group has become the controlling shareholder in newly established Vietnam Digital Asset JSC, committing 64 per cent of its initial $40 million charter capital.
Hateco-APM consortium wins $1.76bn Lien Chieu port development in Danang

Hateco-APM consortium wins $1.76bn Lien Chieu port development in Danang

A consortium between Hateco and the Netherlands' APM Terminals will develop the Lien Chieu container port in Danang with an investment of $1.76 billion.
US investment firm PGP seeks deeper ties with Vietnam

US investment firm PGP seeks deeper ties with Vietnam

A delegation from US investment firm Pacific Gateway Partners has met with Vietnamese finance officials to discuss deepening bilateral cooperation.
Dien May Xanh plans IPO in 2026

Dien May Xanh plans IPO in 2026

Electronics retail chain Dien May Xanh, under Mobile World Investment Corp, plans an initial public offering by selling 180 million shares, or a 16 per cent stake.
Foxconn's Vietnam unit raises registered capital

Foxconn's Vietnam unit raises registered capital

A Foxconn subsidiary in Vietnam has increased its charter capital by nearly $40 million across two separate adjustments in early 2026.
Xem thêm