VN creates favorable condition for foreign investors

Vietnamese Prime Minister Nguyen Xuan Phuc yesterday received General Director of Samsung Electronics Vietnam Han Myoung Sup at Governmental Office in Hanoi. 

Samsung factory in Vietnam (Photo:SGGP)

Samsung factory in Vietnam (Photo:SGGP)

At the reception, PM Phuc welcomed investment expansion of the electronic group into his country in the fields of energy, electricity, seaport infrastructure, science and technology, health …from which he also suggested Samsung to boost the investment in Vietnam's support industry. The PM hoped the group will maintain its stable development, increase export turnover to contribute multi- faceted cooperation friendship between the two nations.

Samsung Display Vietnam (SDV) had total investment capital of US$ 6.5 billion. Currently, the Korea’s electronic group makes efforts in expanding its investment scale although it is suffering difficulties.

This year, Samsung targets to reach US$ 60 billion revenue, and more than US$ 50 billion on export turnover.

Currently, there are 107,000 Vietnamese labors working at Samsung factory in Vietnam


BY LAM NGUYEN- Translated by Huyen Huong

Other news