Samsung urged to expand production activities in Vietnam

Friday, 2019-01-11 18:12:08
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PM Nguyen Xuan Phuc (right) and Shim Won Hwan, President and CEO of Samsung Electronics Co., Ltd. (Photo: NDO/Tran Hai)
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NDO – Prime Minister Nguyen Xuan Phuc has asked Samsung to continue implementing its commitments to expand production activities in Vietnam, during a reception for Shim Won Hwan, President and CEO of Samsung Electronics Co., Ltd. in Hanoi on January 11.

Speaking highly of Samsung Vietnam’s success in terms of revenues, export turnover and job creation, the PM stated that the Vietnamese government is interested in Samsung-invested projects and will create favourable conditions for the group to conduct successful business in Vietnam.

Shim Won Hwan, former General Director of the Samsung Vietnam Complex, expressed his admiration at Vietnam’s economic growth rate, adding that Samsung is delighted to partially contribute to that growth. He voiced his gratitude for the support given to him from the Vietnamese government and PM during his working tenure in Vietnam.

Samsung always considers Vietnam as an important strategic production hub in its global strategy, and pledges to expand its long-term investment in the Southeast Asian country, the guest affirmed.

The production outcome of Samsung Vietnam Complex has posed the most impressive growth among Samsung’s overseas production centres, which is vivid evidence of the group’s commitments to the Vietnamese government, he stated.

A general view of the meeting. (Photo: NDO/Tran Hai)

The leaders of the Republic of Korea group have just directed the continuous acceleration of its investment activities in Vietnam, including the research and development (R&D) centre project, Shim Won Hwan said, adding that Samsung is promoting the transfer of leading technologies to the centre and wishes for more support from the Vietnamese government and the PM.

Addressing the event, Choi Joo Ho, General Director of Samsung Vietnam Complex, pledged his utmost efforts to contribute to Vietnam’s development.

PM Phuc attributed the success in Vietnam-Samsung cooperation over the past few years to the companionship and sharing of difficulties between the two sides. He expressed his belief and wish that Choi Joo Ho will achieve strong success in his new working term in Vietnam.

He asked Samsung to make Vietnam its most important production centre globally, affirming that the Vietnamese government pledges to ensure macroeconomic stability and improve both the business and investment climate.