Prime Minister Pham Minh Chinh proposed Samsung to increase investment and expand R&D center in Vietnam while receiving General Director of Samsung Vietnam Choi Joo Ho and his successor Na Ki Hong in Hanoi on February 12.

The Vietnamese leader also asked Samsung to support startup and innovation activities, and promote the development of supporting industry, and others in Vietnam, as well as boost scientific and technological development and digital transformation.

The PM affirmed that the Vietnamese Government will continue to accompany and create favorable conditions for the group to operate sustainably and successfully in Vietnam on the basis of the growing comprehensive strategic partnership between the two countries.

The guests, for their part, thanked the Vietnamese Government, particularly the PM, for paying attention to and facilitating Samsung's investment, production and business in Vietnam.

They noted that in addition to traditional investment areas, Samsung will expand investment in new fields,  and actively participate in Vietnam's digital transformation process.

They urged the PM and relevant ministries and sectors to continue supporting the group's business and investment activities in Vietnam.

Samsung is currently the largest foreign direct investor in Vietnam, with a total registered investment capital of $23.2 billion. In 2024, its revenue and export value reached $62.5 billion and $54.4 billion, respectively.