Prime Minister Pham Minh Chinh and his entourage on July 3 visited Samsung's semiconductor cluster in Gyeonggi province as part of his official visit to the Republic of Korea (RoK) from June 30 to July 3, according to a report from the Vietnam News Agency.

Samsung Vice Chairman and CEO Young Hyun Jun, Chief Financial Officer (CFO) of Samsung Electronics Park Hark-kyu and senior leaders of the group accompanied the Vietnamese PM in touring Samsung's largest semiconductor cluster in the world.

The PM expressed his impression of the group’s achievements in the field of high technology in general and semiconductors in particular.

Recognizing Samsung's effective investment activities in the manufacturing industry and the production of electronic equipment and components in Vietnam for nearly 20 years, the PM affirmed that the Vietnamese Government will create favorable conditions for Samsung to continue doing business in Vietnam.

Stressing Vietnam's priority given to the semiconductor and AI industries in the coming time, PM Chinh said that Vietnam welcomes and encourages investors in those fields.

Vietnam will improve policies and institutions, high-quality human resources training, and infrastructure development to better serve investors, he added.