Samsung Group from Korea has started manufacturing activities in Vietnam since 2008 with the first investment project being Samsung Electronics Vietnam (SEV) mobile phone factory in Bac Ninh, then Samsung Vietnam continues to build another large manufacturing plant in Thai Nguyen (SEVT). The production activities of these two factories contribute a lot to Samsung’s revenue and profits and the local budget, and they are also Samsung’s two largest mobile phone factories worldwide. After more than 12 years of operation in Vietnam, Samsung now has a total of 6 factories and is building a research and development center in Hanoi.
LG Group is also a large corporation that has invested and operated in Vietnam since 1995. Up to now, LG owns 3 factories producing LG’s main products, including LG Electronics Vietnam Hai Phong, which specializes in manufacturing LG products. electronic products; LG Innotek Vietnam Hai Phong specializes in manufacturing and selling electronic components and LG Display Vietnam Hai Phong specializes in manufacturing LCD and OLED screens.
Intel products Vietnam is an investment project of the US since 2006 and came into operation in 2010, this is the largest US investment in high technology in Vietnam with more than 1 billion USD, bringing Intel products from Vietnam to Vietnam. becoming the largest assembly and testing facility in Intel’s network worldwide. Besides Samsung, Intel is also a name that helps to attract large foreign investment in the high-tech field thanks to advances in technology as well as production. In early 2021, Intel increased its capital by 475 million USD.
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