Samsung increases investment in Thai Nguyen by nearly USD 1 billion

On February 16, the Thai Nguyen Provincial People's Committee presented a certificate on a 920 million USD investment capital increase by the Samsung Electro-Mechanics Vietnam project. Accordingly, Samsung's investment in Thai Nguyen would increase from USD 1.35 billion to USD 2.27 billion.

Attending the program were Ms. Nguyen Thanh Hai, Member of the Party Central Committee, Secretary of Thai Nguyen Provincial Party Committee, Head of the Provincial National Assembly Delegation; Mr. Trinh Viet Hung, Alternate Member of the Party Central Committee, Chairman of the Provincial People's Committee; Mr. Pham Hoang Son, Chairman of the Provincial People's Council. Mr. Kim Sang Nam, General Director, representative of Samsung Electro-Mechanics Vietnam Limited Company (SEMV), joined the program. 

The Secretary of the Provincial Party Committee delivers her speech at the program.

Speaking at the program, the Secretary of Thai Nguyen Provincial Party Committee expressed her pleasure in Samsung's investment expansion. She re-emphasized the province's strengths and potential in attracting investors inside and outside the country. 

She committed to providing maximum support for investors to complete the procedures to increase investment capital in the shortest time.

Mr. Kim Sang Nam thanked the interest and facilitation of the provincial authority and committed to attracting auxiliary projects in Thai Nguyen. He affirmed that Thai Nguyen's success is also Samsung's one and vice versa.