Samsung Vietnam trims export target by US$5.8 billion on Covid-19
Domestic electronic production could be among industrial sectors that face major challenges in the coming quarters as major export markets are struggling with the pandemic.
11:33, 2020/03/10
Prolonged Covid-19 epidemic to take toll on Vietnam export growth target in 2020
The spreading of Covid-19 epidemic in Vietnam’s major trade partners including Japan and South Korea are causing problem for export-import activities.
14:40, 2020/03/07
Samsung temporarily moves smartphone production to Vietnam
The move to shift output of “some premium smartphones” to Vietnam “intends to supply products to consumers in more effective, stable and timely manner,” Samsung said in a statement.
17:06, 2020/03/06
Samsung may lose US$10 billion on Vietnam's mandatory quarantine: Ambassador
Vietnam’s recent policies to quarantine all South Koreans entering Vietnam may jeopardize Samsung’s plan to bring more than 1,000 South Korean experts into the country.
16:07, 2020/03/04
Samsung Vietnam earns US$4.3 billion in profit in 2019
The profit, however, was lower than US$4.7 billion Samsung made in 2018, marking a decline in Samsung Vietnam’s profit for a second consecutive year.
16:53, 2020/03/02
Samsung starts construction SE Asia’s largest R&D center in Hanoi
The South Korean IT giant expected Vietnam would not only be its largest production hub, but also a strategic base for R&D.
15:54, 2020/03/02
Vietnam trade deficit narrows to US$176 million in Jan-Feb
Vietnam's trade turnover is expected to reach US$74 billion in the January – February period, up 2.4% year-on-year.
14:35, 2020/02/26
Fitch trims Vietnam GDP growth forecast to 6.3% on Covid-19
It is expected the Covid-19 epidemic will heavily impact growth in the first half of the year.
15:51, 2020/02/24
Manufacturing plants in Vietnam help Samsung gain momentum against Apple
Samsung stands to be a major beneficiary of the China production problems announced by rival Apple, reaping the rewards of a decade-long bet on low-cost smartphone manufacturing in Vietnam.