Samsung

Update news Samsung

Public disagrees with MOIT on calling Samsung products ‘Vietnamese’

VietNamNet Bridge - The statement that products made by Samsung Vietnam are ‘Vietnamese’ has led to harsh criticism from the public.

Multinational conglomerates bring satellite businesses to Vietnam

VietNamNet Bridge - Large-scale projects invested in by multinational conglomerates have become magnets attracting other foreign direct investors to Vietnam.

MOIT says Samsung products made in Vietnam are Vietnamese goods

‘Vietnamese goods are defined as products manufactured, assembled in Vietnam and services implemented in the Vietnamese territory, according to the Ministry of Industry and Trade (MOIT).

Samsung agrees to take domestic parts suppliers

VietNamNet Bridge - More Vietnamese manufacturers who found it difficult to become part of Samsung’s global supply chain, are becoming component suppliers for Samsung.

Viettel envies Samsung for investment incentives

VietNamNet Bridge - While foreign investors are treated as ‘VIP customers’, Vietnamese enterprises meet difficulties when working with authorities.

Samsung wants to be treated as a Vietnamese business

VietNamNet Bridge - Samsung has made a daring step by asking ministries and branches to treat it as a Vietnamese company instead of foreign-invested enterprise. 

Vietnam’s electronics industry heats up

VietNamNet Bridge - A number of electronic manufacturers have come to Vietnam to develop multi-billion dollar electronics production projects.

Samsung once again haggles over investment incentives

VietNamNet Bridge - Samsung seems to take full advantage of its status as a big investor to claim unprecedented investment incentives.

Samsung shortlists 20 Vietnamese suppliers

Last year when Samsung Electronics announced plans to create a new US$3bn smartphone factory in the north-eastern province of Thai Nguyen, close to the capital city of Hanoi, many industry insiders were ecstatic.

Samsung forecasts $5.44bn in quarterly operating profit

 South Korea's Samsung Electronics has forecast a quarterly operating profit of about 5.9 trillion won ($5.44bn; £3.65bn) for the first three months of 2015.

Vietnamese give thumbs up to new Samsung Galaxy S6 design

VietNamNet Bridge – Samsung Galaxy S6 and S6 Edge smartphones have been welcomed warmly by Vietnamese for their design and hardware.

UAE the biggest market for mobile phones manufactured in Vietnam

 VietNamNet Bridge - Export revenue of cellphones and phone accessories made in Vietnam continued to lead other exports in February, with a total value of $2.445 billion, according to the General Administration of Customs.

Local authorities vie for Samsung investments

VietNamNet Bridge – Economists have repeatedly called on local authorities to give preferential policies to Samsung, one of the biggest investors in Vietnam.

BUSINESS IN BRIEF 22/1

HCM City pulls out all the stops for Samsung; Vinaconex to launch huge volume of real estate projects; Real estate investments to reap higher profits this year; Farmers hit by cut in milk purchases by dairies

Samsung's first Tizen phones go on sale in India

 Samsung's first smartphones to be powered by its Tizen operating system have gone on sale.

Samsung and its $20 billion plan in VN

 VietNamNet Bridge - Besides electronics, Samsung Group also invests in industry, infrastructure, transportation, shipping, and real estate in Vietnam, reports the Ministry of Planning and Investment.

Hi-tech groups think big in Vietnam

 VietNamNet Bridge – Samsung, LG, Canon and Nokia of Microsoft all have relocated their production bases to Vietnam.

BUSINESS IN BRIEF 13/12

Thai Nguyen approves incentives for Samsung; Vietnam on course to become largest rice exporter; Garment export to hit $24.5 billion in 2014; Foreign firms win HR awards; Saigon VRG to build Industrial Park in HCM City

Which high-end smartphones are the most popular in Vietnam?

VietNamNet Bridge – The high-end smartphone market in Vietnam is now dominated by Samsung, Nokia and Apple.

What will Vietnam offer in exchange for Samsung’s $3 billion project?

 VietNamNet Bridge – The Thai Nguyen provincial People’s Committee has asked the provincial People’s Council to give huge investment incentives to Samsung in exchange for the South Korean investor’s project worth $3 billion.