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| Prime Minister Nguyen Xuan Phuc (R) and General Director of Samsung Vietnam Choi Joo-ho (Photo: VNA) |
During a reception in Hanoi for General Director of Samsung Vietnam Choi Joo-ho,
PM Phuc said he hopes the group will continue studying and producing
new-generation technological products to catch up with the Fourth Industrial
Revolution, as well as assist Vietnam in building e-government - a field of its
strength.
He also asked Samsung to continue offering practical help in workforce training
and technological transfer to Vietnamese firms in supporting industry,
especially small- and medium-sized enterprises, making it easier for them to
provide spare parts for the group.
The PM wished that Samsung would call on major Republic of Korea’s firms to
invest in Vietnam.
On the occasion, he also asked Choi to point out difficulties facing Samsung
Vietnam since he assumed the position six months ago.
Choi, for his part, said the company earned 28.5 billion USD in revenue as of
the late May, 24 billion USD of which was from exports. This year’s figure is
projected at 73.5 billion USD, including 63.5 billion USD from exports, up 5
percent year-on-year.
He also reported about a plan to build Samsung Vietnam research and development
centre as suggested by the PM during his previous meeting with the group’s
leaders.
Once operational, the centre will accommodate 2,000 – 3,000 people and become
the largest of its kind in Southeast Asia, he said, adding that it will focus on
training for software workforce, and other fields such as 5G, artificial
intelligence and big data.
Hailing the significance of the centre, the host directed the Hanoi municipal
People’s Committee to offer all possible support to the project.
He wished that Samsung would do long-term business in the country and increase
its investment to 20 billion USD from 17.4 billion USD at present.
Choi said Samsung invited a major RoK semiconductor manufacturer to invest in
Bac Giang with a total capital of around 500 million USD.-VNA
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