VietNamNet Bridge - Samsung Heavy Industries - the 3rd largest shipbuilder in the world - is considering opening its first shipyard outside South Korea in Indonesia, Vietnam or Malaysia.

The General Secretary of the Communist Party of Vietnam Nguyen Phu Trong affirmed that Vietnam will continue to create favourable conditions for foreign investors, including those from the Republic of Korea.

 VietNamNet Bridge – Samsung, a “VIP” foreign investor and major manufacturer whose annual export turnover accounts for 10 percent of Vietnam’s total export turnover, has repeatedly lodged claims to Vietnamese government agencies.

 VietNamNet Bridge – A smart house called Samsung House has opened at 88 Dong Khoi Street, District 1, Ho Chi Minh City. It is equipped with smart appliances of fancy design.

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Hundreds of Vietnamese enterprises are anxious to organize production and make parts and accessories to provide to Samsung, now that the South Korean giant has stepped up its business in the country.

 VietNamNet Bridge - With import and export volume expected to account for about 50% of the total cargo volume through Hanoi’s Noi Bai International Airport in the next few years, Samsung has proposed to have its own terminal at the airport.

 VietNamNet Bridge – Samsung and Microsoft this year relocated their smartphone production bases in Vietnam as they have closed factories in other parts of the world.

 Philips, Samsung and Infineon have been fined 138m euros (£110m; $182m) by the European Commission (EC) for fixing prices of chips in used in smartphones.

The emergence and expansion of international technology corporations in Vietnam in the past two years shows an important shift in investment. The Vice President of the Vietnam Association of Foreign Investment Enterprise talks about this trend.

 VietNamNet Bridge - Thanks to its low labor costs, favorable geographic location and its market of nearly 90 million people, Vietnam has received billions of US dollars of investment from giants like Samsung, Intel and LG.

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The South Korean electronics group Samsung has agreed to cooperate with the Ministry of Planning and Investment, Foreign Investment Agency and the Vietnam Association of Mechanical Industry to develop domestic support industries.

 VietNamNet Bridge – A number of the largest global technology groups have set up their factories in Vietnam, giving many reason to believe that Vietnam is destined to become the world’s major electronics production base.

 JICA funds VND2,500 bil expressway project; Nam Con Son pipeline financing approved;  HSBC: Vietnam’s manufacturing growth continues in June; Cashew nut exporters need more support; M&A property deals on upward trend;

 Samsung group is urgently finalising documents to invest an additional US$1 billion in the Samsung Bac Ninh Hi-Tech Complex, according to Hai Quan (Customs) newspaper.

 VietNamNet Bridge – Ho Chi Minh City has approved the application by the Republic of Korean Samsung Group to construct a US$1 billion electronics manufacturing facility at the city’s Hi-Tech Park.

 VietNamNet Bridge – The Republic of Korea (RoK) Samsung Group is committed to pumping billions of dollars into the construction of large-scale thermal power plants, shipyards, airports and petrochemical plants in Vietnam.

 Samsung Electronics Vietnam will be expanded in the future with its complex in Thai Nguyen Province, in addition to the one in Bac Ninh Province.