en.Wedoany.com Reported - Vietnamese Minister of Finance Ho Duc Phoc met with Samsung Electronics Executive Vice President and Chief Financial Officer Park Soon-cheol in Hanoi on the afternoon of July 2. Minister Phoc stated that the Vietnamese government is committed to creating a convenient, fair, safe, and sustainable investment environment, encouraging foreign investors, including Samsung, to establish a long-term presence. Park Soon-cheol noted that Samsung currently operates six manufacturing plants, one R&D center, and one sales entity in Vietnam, with an average annual revenue exceeding $60 billion. As of the end of 2025, total cumulative investment reached $24 billion; in the first half of 2026, both revenue and export value grew year-on-year, and the company expects strong performance for the full year.

Samsung pledged to further intensify efforts in cultivating high-tech talent, provide technical consulting, and assist Vietnamese enterprises with technological capabilities in meeting international standards, thereby enabling deeper participation in Samsung's supply chain and promoting the technology transfer process. Regarding Samsung's expansion of high-tech talent development centers in Bac Ninh and Thai Nguyen provinces, Minister Phoc suggested that Samsung continue to collaborate with Vietnam's Ministry of Education and Training and the Ministry of Science and Technology to expand research networks and fully leverage the high-quality human resources of Vietnam's research institutions and universities to meet Samsung's R&D needs. Minister Phoc also recommended that Samsung support Vietnamese universities in upgrading departmental facilities and professional capabilities in relevant specialized fields, facilitating Vietnamese enterprises' deep integration into Samsung's global value chain. Minister Phoc emphasized that Vietnam will create the most favorable conditions for enterprises, including Samsung, to achieve efficient, long-term investment and operations under the principles of interest coordination and risk sharing.