chevrons

Back to Previous Page

Samsung’s Lee to Visit Vietnam, Meet Prime Minister Phuc: Yonhap

Samsung’s Lee to Visit Vietnam, Meet Prime Minister Phuc: Yonhap

Samsung Electronics Co.’s Vice Chairman Jay Y. Lee will visit Vietnam this week, where he is expected to meet Prime Minister Nguyen Xuan Phuc to seek support to expand in the country, Yonhap reported.

The focus will be on whether Lee announces new investment plans including the construction of a factory for electronic-car batteries in Vietnam, according to Yonhap, which cited people it didn’t identify. Lee could ask Phuc for his government’s support, it said, without specifying what sort of backing he may seek.

Featured image credit: Bloomberg

Source:Bloomberg

Related News & Insights
Find out more navigation_button
news

According to the Thai Chamber of Commerce in Vietnam (ThaiCham), Thailand is at risk of losing its competitive edge as Vietnam continues to surge ahead in foreign investment and high-tech manufacturing. FDI into Thailand fell to USD 32 billion in 2024, compared with USD 38 billion for Vietnam — a gap that ThaiCham described as […]

Read Newsarrow
news

The Vietnamese government has proposed a 10-year national target program on healthcare, population and development (2026–2035), with a total budget of ~125.5 trillion VND (about USD 5 billion) to upgrade public health infrastructure and expand access across the country. Key objectives: Ensure universal access to quality primary health care, and enable all Vietnamese to manage […]

Read Newsarrow
news

Vietnam’s digital economy is on track to hit USD 39 billion by the end of 2025, reflecting a 17% growth from the previous year. According to the e-Conomy SEA 2025 report released on November 25 by Google, Temasek, and Bain & Company, Vietnam ranks as the second-fastest-growing digital economy in Southeast Asia. All major sectors […]

Read Newsarrow
Find out more navigation_button