Samsung vows more support for VN firms to enter its supply chain
General Director of Samsung Vietnam Shim Won-hwan pledged to continue supporting Vietnamese firms to take part in the Korean group’s global supply chain while meeting Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong on November 30.
The meeting between HCM City officials and Samsung executives on November 30 (Photo: thanhuytphcm.vn)
Hanoi (VNA) – General Directorof Samsung Vietnam Shim Won-hwan pledged to continue supporting Vietnamesefirms to take part in the Korean group’s global supply chain while meeting Chairmanof the Ho Chi Minh City People’s Committee Nguyen Thanh Phong on November 30.
Chairman Phong spoke highly of operation of Samsung,one of the biggest foreign investors in Vietnam, noting its contribution ofabout 20 percent of the country’s export revenue. The Samsung complex in theSaigon Hi-tech Park has operated effectively since mid-2016, creating jobs formore than 7,000 people.
He asked the company to continue communityactivities, pay attention to its employees’ life and human resources training,and raise the rate of locally made components in its products.
HCM City always makes efforts to improve thelocal investment climate and create the best possible conditions for foreigninvestors, including Samsung, the official added.
For his part, Shim said more than 90 percent ofSamsung products made at the complex in the Saigon Hi-tech Park are exported.This complex alone is expected to earn nearly 3.5 billion USD in exportturnover in 2017.
He asked HCM City’s authorities to furtherassist his firm’s development.
Aside from stepping up business activities inVietnam, Samsung will also actively help Vietnamese companies, including thosein HCM City, by sending Korean experts to give them advice.
At a recent support industry exhibition, manyVietnamese enterprises came to learn about components that Samsung needs andabout opportunities to participate in the firm’s supply chain, he noted.-VNA
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The meeting between HCM City officials and Samsung executives on November 30 (Photo: thanhuytphcm.vn) 
