The Vietnamese Government has paid considerable attention to Samsung’s investment projects in Viet Nam and will continue to create favourable conditions for the firm to do business in the country, Prime Minister Nguyen Xuan Phuc told an official from Samsung on Friday.

Prime Minister Nguyễn Xuân Phúc (r) receives Chairman and General Director of Samsung Electronics Co., Ltd. Shim Won-hwan on Friday.

During a reception in Hà Nội for Shim Won-hwan from the Republic of Korea (RoK), Chairman and General Director of Samsung Electronics Co., Ltd., PM Phúc expressed his hope the firm would continue to expand its production activities in Việt Nam in the future.

He said he appreciated the success of Samsung Việt Nam in many aspects, including revenue, export turnover, and job creation, saying the firm contributes to promote the friendship between the two countries.

As former General Director of Samsung Việt Nam, Shim Won-hwan said he was impressed with Việt Nam’s economic growth, attributing the progress to the Vietnamese Government’s steady leadership.

Samsung is happy to have contributed to that growth, he said, expressing his gratitude for support from the Government and Prime Minister of Việt Nam during his tenure in the country.

He said Samsung has long considered Việt Nam an important strategic production centre in its global strategy, adding the firm has pledged to expand its long-term investment in the country.

Shim said the production and business results of Samsung Việt Nam have exhibited the most impressive growth among Samsung’s overseas production facilities.

This is a testament to the group’s commitment to the Vietnamese Government, he said. 

Samsung also promotes investment activities in Việt Nam, including a research and development (R&D) centre, he said, noting the group is boosting the transfer of leading technologies to this centre. 

The firm is working with ministries and sectors of the RoK on proposals for the Vietnamese side, the official stated, expressing his hope that the Government of Việt Nam will continue supporting Samsung.

Newly appointed General Director of Samsung Việt Nam Choi Joo-ho has promised to make every effort to contribute to Việt Nam’s development. PM Phúc said he believed Choi would garner further success in his position.

The Vietnamese Government hoped Samsung would gain even more impressive achievements in its business in the country, the PM said, suggesting the firm make Việt Nam its top global production centre.

He said the Government of Việt Nam was committed to ensuring macroeconomic stability and improving the business and investment environment, thus facilitating the operation of foreign investors, including Samsung. — VNS