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September 22, 2017

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Vietnam gains from Samsung's largest cellphone factory: Dung

Vietnam Prime Minister Nguyen Tan Dung yesterday applauded Samsung's decision to expand operations in Vietnam, adding that it would contribute to the strategic partnership between Vietnam and South Korea.

He was attending the Samsung Group's groundbreaking event for the construction of a US$3.2 billion high-tech complex in the northern province of Thai Nguyen.

The complex, which will house Samsung's largest mobile phone factory, is expected to provide jobs for thousands of local people.

It will also contribute tens of billions of U.S. dollars to the country's annual export turnover, while boosting the development of the electronics support industry in the northern region of Vietnam.

Dung spoke highly of South Korean businesses' operation in Vietnam and pledged to create favourable conditions for them and other foreign businesses to do business in the country on the basis of friendship, cooperation and equality.

Dung also held a working session with provincial leaders where he urged the province to use its potential in agro-forestry and industry.

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