VN ensures optimal conditions for Samsung’s operations: Deputy PM
Vietnam ensures optimal conditions for Samsung’s operations: Deputy PM
Deputy Prime Minister Vuong Dinh Hue hosted a reception in Hanoi on December 21 for outgoing General Director of Samsung Vietnam Shim Won Hwan and Shim’s successor Choi Joo Ho.
Deputy Prime Minister Vuong Dinh Hue (R) meets outgoing General Director of Samsung Vietnam Shim Won Hwan (Photo: VNA)
Hanoi (VNA) – Deputy Prime Minister Vuong Dinh Hue hosted areception in Hanoi on December 21 for outgoing General Director of SamsungVietnam Shim Won Hwan and Shim’s successor Choi Joo Ho.
Hue spoke highly of the contributions of Samsung Vietnam and Shim inparticular to the socio-economic development of Vietnam.
He expressed his hope that the firm’s new head, Choi Joo Ho, will have asuccessful office tenure in Vietnam and keep in close coordination with the Vietnamesegovernment during the firm’s operation.
The Deputy PM pledged that the Vietnamese Government will provideoptimal conditions for Samsung to turn Vietnam into the firm’s global productionhub.
According to Shim, Samsung Vietnam’s export revenue this year isestimated to grow 12 percent to reach 60 billion USD, accounting for about 25percent of Vietnam’s total exports.
He affirmed that Samsung will carry on implementing its strategy oflong-term investment in Vietnam as it considers the nation its largest globalproduction hub, with Samsung Thai Nguyen being the firm’s biggest factory worldwide.
So far, Samsung has disbursed over 90 percent of the 17.3 billion USD thatit had registered to invest in Vietnam, Shim noted, adding that a networkconnecting Samsung and its subsidies with Vietnamese enterprises has beenformed.
He expressed his hope that the Vietnamese Government will continuebacking the firm’s operations in the future.
Hue said that in 2018, Vietnam fulfilled all socio-economic targets forthe whole year with the GDP growth of 6.9-7 percent and import-export revenueof 480 billion USD, up 13 percent year-on-year.
The contributions that Samsung has made to the growth of Bac Ninh, ThaiNguyen, and Ho Chi Minh City where its factories are located are substantial,helping to greatly improve the nation’s economic results, the Deputy PM noted.
After 30 years of attracting foreign direct investment, Vietnam ismoving to prioritise projects with a high connectivity capacity that cansupport Vietnamese firms to join the global value chain, he said.
Hue suggested that Samsung pay more attention to development researchwith a base in Hanoi, developing semiconducting technology in Vietnam, andenhancing the localisation ratio of its products.
The Vietnamese Government will soon issue a policy to promote the growthof its value chain, determined to reinforce the macro-economic foundations for thegrowth of local businesses, he stressed.–VNA
The Ministry of Industry and Trade and Samsung Vietnam launched a programme to train 200 Vietnamese experts serving training and re-coaching demand of supply firms in support industry of Vietnam.
Vietnam is proud to host Samsung’s presence, which has turned the country into a leading cellphone manufacturer in the world, stated Prime Minister Nguyen Xuan Phuc.
Samsung Vietnam and the Ministry of Industry and Trade (MoIT) opened the third and fourth training courses for Vietnamese consultants in the support industry in Ho Chi Minh City on July 24.
Samsung Vietnam and the Ministry of Industry and Trade (MoIT) rounded off its third training course for Vietnamese consultants in the supporting industry with a ceremony in Ho Chi Minh City on October 19.
Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
Deputy Prime Minister Vuong Dinh Hue (R) meets outgoing General Director of Samsung Vietnam Shim Won Hwan (Photo: VNA) 
