Samsung Group Plans $1.8 Billion Investment in Vietnam
Asianfin--Samsung Vietnam's General Manager, Choi Yoo-ho, informed Vietnamese Prime Minister Pham Minh Chinh of the company's plans to invest an additional $1.8 billion in Vietnam.
Currently, Samsung operates six manufacturing plants, one R&D center, and one sales entity in the country, with total investments reaching $22.4 billion.
The new project, set to be established in Bac Ninh Province, will not only produce OLED products for mobile phones but also deploy a production line for IT devices and automotive OLED products. Choi expressed hopes that Vietnam will continue to provide favorable conditions and high-quality human resources for the development of Samsung’s new projects.
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