CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Hanoinews
Samsung to soon build R&D center in Hanoi
Cam Anh 17:35, 2019/04/23
The center is slated to come into official operation in 2022.
An executive of Samsung Vietnam on Tuesday discussed with Chairman of the Hanoi people’s committee Nguyen Duc Chung on a plan to build its Research and Development (R&D) Center in the city.
 
The meeting's overview
An overview of the meeting
Samsung’s R&D center in Vietnam is set to be located at the West West Lake (Tay Ho Tay) urban area covering an area of 11,600 square meters, capable of housing 3,000 workers. It is projected to become a world-class R&D center in the future, said General Director of Samsung Vietnam Choi Joo-ho at the meeting.  
According to Choi, this is the only center which will research and develop both smart phones and internet equipment. Once established, it would lead the 5G game in Vietnam and contribute to construction of smart factories in the country.
The center was mentioned during the meeting between Samsung’s Vice President Lee Jae-yong and Vietnam PM Nguyen Xuan Phuc in the frame of Lee’s trip to Vietnam last year.
“The project would enhance the position of Vietnam as a strategic stronghold of Samsung in the region and would serve as Samsung’s headquarters in Vietnam in the future,” Choi stressed.
He also asked for the support from the Hanoi government in licensing and building the center.
For his part, Chairman Nguyen Duc Chung congratulated Choi Joo-ho on taking charge of the role of General Director of Samsung Vietnam.
The Hanoi leader said the city granted the license and other procedures for the project in late 2015 and early 2016. The Hanoi government supports the company’s new plan to relocate the center and would facilitate all the necessary procedures for the projects, Chung said.
The commitment to build the center is among conditions given to Samsung in exchange for preferences in Vietnam. Therefore, Chung urged the company to speed up the project to soon kick it off.
Established in 2012, Samsung’s R&D center is now responsible for researching and developing the software market for mobile phones and tablet products in Southeast Asia. While waiting for an official site in Hanoi, the center is located at PVI Tower in Cau Giay District, which is employing more than 2,000 engineers and workers.
At the meeting, Choi informed that Samsung now has six factories in Vietnam, a research center and an enterprise in charge of sales in Hanoi.
Last year, Samsung Vietnam posted exports of US$60 billion, equivalent to 25% of Vietnam's total export turnover. Amid the world's changing economy, Samsung Vietnam would make efforts to achieve higher business performance this year, Choi added.
Comments
Other news
20:51, 2025/01/22
Vietnam-Singapore Friendship Association launched in Hanoi to strengthen bilateral ties
The congress adopted the association's charter and outlined its strategic objectives.
22:56, 2025/01/21
Hanoi, HCMC to submit metro plans to National Assembly in February: Deputy PM
The resolution aims to speed up the development of the urban railways in Hanoi and Ho Chi Minh City.
15:18, 2025/01/21
Hanoi integrates administrative procedures into national public service portal
The entire process is digitized and shared among agencies at all levels, saving time and ensuring transparency.
21:53, 2025/01/19
2025 spring book fair opens to boost reading in Hanoi
The 2025 Spring Book Fair promises to establish itself as an annual event that celebrates the importance of books and knowledge.
20:49, 2025/01/19
Traditional essence in Hanoi's Old Quarter Tet celebration program
The activities include worshiping rituals, calligraphy, and folk music.
19:47, 2025/01/19
Annual Tet flower market opens in Hoan Kiem District
With many iterations over the years, the traditional market continues to hold its own appeal, combining the past and traditional values with the present and modern world.