Viet Nam is Samsung's hub on both production and R&D

Hoang Hung 11:17, 15/08/2024

On August 14, at Samsung Electronics Vietnam Thai Nguyen (SEVT), the representative from Samsung Vietnam stated that Samsung views Vietnam as a "hub" for both production and research and development (R&D). It is the content shared at the meeting between Samsung and representatives of the press agencies. 

On August 14, Samsung Vietnam representative stated that Samsung views Vietnam as a hub for both production and research and development (R&D).
Samsung Vietnam representative shares with journalists at SEVT. 

The Samsung representative shared with journalists at SEVT that this is reflected in the fact that Samsung's newest and most advanced product lines are entrusted to Vietnamese engineers and staff for research, development, and direct production and export.

For example, the latest smartphone, the Galaxy Z Flip 6, is being produced at SEVT in the Yen Binh Industrial Park in Thai Nguyen. Meanwhile, the newly launched Galaxy Z Fold 6, which came out in July 2024, is currently being produced at SEV in Bac Ninh.

These phone models, along with many other high-end Samsung models, are researched and developed at the Samsung R&D Center in Hanoi before being transferred to factories in Vietnam for production to meet domestic needs and export to 128 countries and territories worldwide.

To maintain efficient production and business operations, Samsung Vietnam offers numerous benefits to its employees. It includes investing in 45 fully equipped dormitory buildings, providing accommodation for more than 18,000 employees with nearly 5,300 rooms. Samsung also offers transportation services for workers within a 60km radius of the factory, with 800 high-quality 45-seat buses operating on over 110 different routes.

The representative from Samsung Vietnam stated that Samsung views Vietnam as a hub for both production and R&D. 
The representative from Samsung Vietnam stated that Samsung views Vietnam as a "hub" for both production and R&D. 

Samsung Vietnam also operates 14 cafeterias that can simultaneously serve 23,000 people, with an average of about 117,000 meals per day, 8 medical stations with 190 hospital beds, a team of 32 doctors, 85 nurses, and modern equipment.

Currently, Samsung Vietnam operates 6 factories, 1 R&D center, and 1 retail entity in Vietnam. In 2023, Samsung contributed over 55.7 billion USD to Vietnam's export turnover.