Hanoi (VNA) – Vietnam is proud to host Samsung’spresence, which has turned the country into a leading cellphone manufacturer inthe world, stated Prime Minister Nguyen Xuan Phuc.

PM Phuc made his remark at a reception for President and CEO ofthe Republic of Korea (RoK)’s Samsung Electronics Co., Ltd Dongjin Koh in Hanoi onApril 20.

Expressing his delight at fruitful growth of Vietnam-RoK ties across all fields, the PM hailed Samsung’s achievementsand contributions to Vietnam’s economic development.

He said the Vietnamese Government highly values efforts madeby RoK investors, particularly Samsung, in maintaining their top position amongforeign investors in Vietnam for years.

Samsung’s cooperation, investment and production areimportant to the two countries’ strategic partnership, PM Phuc added, sayingVietnamese relevant agencies will continue creating the best possible conditionsfor the group’s operation.

He requested the company to implement its research anddevelopment centre in line with schedule and commitments it had made with theGovernment.

The Government leader suggested Samsung expand investment inVietnam in not only electronic assembly but also technology development. Heasked the group to continue its training and technology transfer for Vietnamesefirms in the support industry, particularly small- and medium-sized ones, tohelp them engage in supplying components for Samsung projects.

For his part, Dongjin Koh informed his host about asuccessful celebration of Samsung Electronics’ decade-long presence since itsestablishment of the first factory in Bac Ninh province.

Samsung always prioritises applying the most advancedtechnologies in its production in Vietnam, he added, noting that Vietnam is themain manufacturing hub of the conglomerate in the world.

He said Samsung is working to turn Vietnam into its keydestination for technology research and to train more high-skilled local engineersand workers.

Affirming the group’s determination to stand side by sidewith Vietnam along its development path, Koh agreed with the PM’s suggestion ofbuilding electronic and smart cities in Bac Ninh and other Vietnameselocalities.  

The Korean guest stated Samsung will expand its investmentand production scale and generate more jobs in Vietnam, with an expectation forfurther assistance from Vietnamese Government and relevant agencies. 

Samsung has so far invested in six projects worth over 17.3billion USD in Vietnam. In 2017, Samsung Vietnam posted a revenue of nearly 64billion USD, with export value reaching 54 billion USD or 25.4 percent ofVietnam’s total export value. It generated jobs for 160,000 local workers-VNA