Prime Minister Pham Minh Chinh urged Samsung Group to expand its investment in Vietnam, particularly in high technology and research and development (R&D), during a meeting on August 26 in Hanoi with Mr. Roh Tae Moon, acting head of Samsung Electronics’ Device Experience Division.

PM Chinh encouraged the group to step up investment in semiconductors, digital transformation, IT infrastructure, and human resource training. He also called on Samsung to enhance technology transfer and increase localization.

Mr. Roh expressed his appreciation for the Vietnamese Government’s consistent support, noting that Samsung’s total investment in Vietnam had reached $23.2 billion by 2024. The group’s investments span electronics, displays, and electrical devices, with further expansion planned.

By the end of June 2025, Samsung’s factories in northern Bac Ninh and Thai Nguyen provinces had produced 2 billion mobile phones since operations began in April 2009. In the first half of this year, Samsung Vietnam posted revenues of $31.8 billion, including $28 billion from exports.