Samsung Viet Nam pledges to expand investment in new areas

General Director of Samsung Viet Nam Choi Joo Ho and his successor Na Ki Hong made the above statement during their meeting with Prime Minister Pham Minh Chinh in Ha Noi on February 12.

At the meeting, Samsung leaders thanked the Vietnamese Government, particularly the Prime Minister, for creating favorable conditions for Samsung's investment, production and business in the Southeast Asian country.

They expressed their wish that the Prime Minister and relevant ministries and sectors would continue to support the group's business and investment activities in Viet Nam.

Pham, for his part, affirmed that the Vietnamese Government will continue to accompany and facilitate the group to operate sustainably and successfully in the country on the basis of the growing comprehensive strategic partnership between the two countries.

He suggested Samsung support Viet Nam in further enhancing the capabilities of domestic enterprises so that they can participate more effectively in the global production and supply chains, and help Viet Nam's digital technology companies become partners in Samsung's ecosystem.

The Prime Minister urged Samsung to closely cooperate with Vietnamese sides to effectively operate the training centers located at the Viet Nam National Innovation Center, increase investment and expand R&D centers, support startups and innovation activities in Viet Nam.

He expressed his hope that Samsung will become a strategic investor, promote the development of supporting industries, chips, semiconductors, and accelerate the development of science, technology, innovation, and digital transformation in Viet Nam.

Samsung is currently the largest foreign direct investor in Viet Nam, with a total registered investment capital of US$23.2 billion. In 2024, its revenue and export value reached US$62.5 billion and US$54.4 billion, respectively.

Since 2014, the group has increased the number of Vietnamese suppliers to 306 companies./.