Samsung to invest in various projects in Vietnam
14:01, 2014/05/29
Samsung Corporation is interested in investing in large projects in Viet Nam, announced Shin Kim, president and CEO of the Trading and Investment Group of Samsung C&T Corporation.
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At a meeting with Viet Nam's Deputy Prime Minister Hoang Trung Hai on Thursday in Ha Noi, Kim proposed to obtain permission for the corporation's investment in various projects, including the construction of the Vung Ang 3 thermo power plant in the central province of Ha Tinh, a shipbuilding factory in Khanh Hoa Province, Long Thanh international airport in Dong Nai Province and Long Son oil refinery in Vung Tau City.
Kim also praised the government's support and expressed his faith in the attractive investment environment in Viet Nam.
Speaking at the meeting, the deputy prime minister hoped to boost investment co-operation with one of South Korea's leading investors in the country. He affirmed that the Vietnamese government will always support and create positive conditions for foreign investors to invest in Viet Nam, regarding the successes of investors as the successes of Viet Nam.
For the aforementioned projects worth billions of dollars, the deputy prime minister has asked Samsung to implement the necessary preparations and regulated procedures so that Vietnamese authorities can consider them based on the real situation of each project.
Kim also praised the government's support and expressed his faith in the attractive investment environment in Viet Nam.
Speaking at the meeting, the deputy prime minister hoped to boost investment co-operation with one of South Korea's leading investors in the country. He affirmed that the Vietnamese government will always support and create positive conditions for foreign investors to invest in Viet Nam, regarding the successes of investors as the successes of Viet Nam.
For the aforementioned projects worth billions of dollars, the deputy prime minister has asked Samsung to implement the necessary preparations and regulated procedures so that Vietnamese authorities can consider them based on the real situation of each project.
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12:17, 2025/02/25
Vietnam eyes top 3 in investment environment in ASEAN next 2 years: Party Chief
A key objective is to trim off at least 30% of administrative procedures and cut both business costs and unofficial fees.
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18:03, 2025/02/22
Vietnam attracts South Korean tech investment at SEMICON Korea 2025
The event provided a platform for Vietnam to showcase its semiconductor potential and reaffirm its commitment to developing high-tech industries and strengthening international cooperation.
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16:46, 2025/02/20
Swedish group plans US$1 billion investment in Binh Dinh recycling plant
By creating a large number of jobs and promoting a green economy, the initiative is important in establishing Vietnam as a global hub for the circular textile sector.
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10:52, 2025/02/13
Samsung plans to invest in AI, semiconductors in Vietnam
Vietnam will continue improving its investment environment and driving strategic breakthroughs in order to usher in a new era of economic development.
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17:20, 2025/02/07
Vietnam's data center construction costs among the lowest in Asia Pacific
The country has a lot of potential to become one of the most important data markets in the region.
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21:05, 2025/02/03
Bright prospects for FDI inflows into Vietnam in 2025
Market size, growth potential, low labor costs, and stable political and social conditions continue to be Vietnam’s selling points in attracting foreign investors.
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