Prime Minister Pham Minh Chinh visits and works at Samsung Electronics Vietnam Co., Ltd

Leaders, officials and employees of Samsung Electronics Vietnam Co., Ltd welcome Prime Minister Pham Minh Chinh to visit and work.

In the welcome speech, General Director of Samsung Vietnam Complex Choi Joo Ho thanked PM Pham Minh Chinh and leaders of ministries and branches for visiting Samsung Bac Ninh; report on the operation, production and business situation. General Director of Samsung Vietnam Complex thanked the comprehensive support from the Government and the authorities of Bac Ninh province right from the early days of Samsung investing in Bac Ninh. In 2022, export turnover reached USD 65 billion, accounting for 17% of export turnover of the country. In 2023, due to difficulties caused by the global economic impact, export turnover is expected to reach USD 60 billion. In August, the Group will launch a new phone product, hoping to find new markets and partners to minimize the drop in export sales. Commitment, Samsung will make a long-term and sustainable investment in Vietnam and make a number of recommendations and proposals to the Government.

Samsung Electronics Vietnam Co., Ltd. introduces to PM Pham Minh Chinh and leaders of ministries, branches and Bac Ninh province new products.

Leaders of ministries and branches affirmed: to create favorable conditions for FDI enterprises to operate stably and long-term in Vietnam, the Government is assigning the Ministry of Planning and Investment to assume the prime responsibility for, and coordinate with other ministries, Relevant agencies should urgently study and propose to the competent authorities solutions to attract investment and support enterprises that are not contrary to international regulations and commitments in the spirit of harmonizing the interests of the parties, ensuring equal treatment among businesses. Regarding the power supply, recently, the Government of Vietnam has taken drastic measures to rectify the situation of electricity supply as well as implement licensed power projects according to the master plan...

PM Pham Minh Chinh visits the production line of Samsung Electronics Vietnam Co., Ltd.

PM Pham Minh Chinh conveyed the words of General Secretary Nguyen Phu Trong recognizing, thanking and appreciating Samsung's investment activities and achievements in Vietnam, contributing to promoting the relationship between Vietnam and Korea to develop from friendship to strategic partnership and is now a "comprehensive strategic partnership", as well as sharing with Samsung's difficulties and obstacles in the process of operation and development in Vietnam.

PM Pham Minh Chinh presents gifts to officials and employees of Samsung Electronics Vietnam Co., Ltd.

The PM said that the relationship between Vietnam and Korea is at the best stage, with cooperation in the fields of strong development, especially politics, economy and culture. In particular, Samsung is currently the largest Korean investor and also the largest foreign investor in Vietnam with a total registered investment capital of nearly USD 20 billion. Samsung's projects operate effectively, contributing to economic restructuring, promoting export, and many meaningful social security activities, taking care of improving the quality of workers' lives.

PM Pham Minh Chinh and employees of Samsung Electronics Vietnam Co., Ltd take a photo.

He hoped that Samsung would continue to consider Vietnam as a strategic production base, research - development and production of key products, and do business by the law; contribute to training high-quality human resources for Vietnam; improve management capacity in a modern direction for the business community in Vietnam and Bac Ninh province; contribute to building and perfecting the socialist-oriented market economy institution; invest more strongly in the fields of digital transformation, green transformation, circular economy; take care of the material and spiritual life of workers better and better, especially for female workers; interested in training and developing Vietnamese managers and leaders at Samsung.

Leaders of Samsung Electronics Vietnam Co., Ltd. give souvenirs to PM Pham Minh Chinh.

Clarifying some contents related to Samsung's proposals and recommendations, the PM urged that the two sides also make efforts, be proactive and creative to solve difficulties and challenges; He emphasized that the Vietnamese Government always creates favorable conditions for Samsung to continue making effective and long-term business investments, continuing to expand and develop sustainably in Vietnam.