HCMC – Samsung Vietnam plans to expand its presence in AI, semiconductors, and digital transformation, said Choi Joo Ho, general director of Samsung Vietnam, and his successor, Na Ki Hong, during a meeting with Prime Minister Pham Minh Chinh on February 12.
The Samsung executives urged Vietnamese authorities to continue supporting Samsung’s investment and business operations in the country.
Currently, Samsung is Vietnam’s largest foreign direct investor, with total registered capital of US$23.2 billion. In 2024, the company reported US$62.5 billion in revenue and US$54.4 billion in exports. Over more than a decade, Samsung Vietnam has expanded its supplier network to include over 300 local companies.
Prime Minister Pham Minh Chinh reaffirmed the Government’s commitment to facilitating Samsung’s long-term investment and success in Vietnam. He encouraged Samsung to strengthen its position as a strategic investor, further develop supporting industries, semiconductor manufacturing, and R&D, and drive technological innovation and digital transformation in the country.
Vietnam has set a GDP growth target of at least 8% in 2025, with aspirations for double-digit growth in the coming years. To achieve these goals, the Government aims to improve the investment climate and accelerate strategic economic reforms.
The Prime Minister urged Samsung to collaborate with Vietnamese ministries and agencies to establish training centers at the National Innovation Center, expand its R&D operations, and support local startups and innovation initiatives.
Chinh encouraged Samsung to integrate Vietnamese nationals into its leadership team and assist local enterprises in becoming part of Samsung’s global production and supply chains.
