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samsung electronics to expand production in vietnam - samsung
2025-05-24
ITATOUCH
HANOI (Reuters)-
Samsung Electronics
Determined to further expand production in VietnamCEO Koh Dong-
Kim told Vietnamese Prime Minister Nguyen Chun Fu on Friday.
According to a statement posted on the government website, Samsung will recruit more Vietnamese employees and develop electronic products in smart cities in North Ning province and elsewhere.
Samsung, Vietnam's largest foreign investor, accounted for about a quarter of the country's total export revenue.
Phuc told Koh that Vietnam is always willing to create the most favorable conditions for Samsung's development in the country, the statement said.
Samsung has invested $17.
The Vietnamese government says Vietnam has eight factories and 3 billion mobile phones in a research and development center, making the country's largest smartphone production base.
The company said Samsung Electronics's factory exports in Vietnam totaled $54 billion last year.
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