Investment News



In Tay Ho Tay urban area (Hanoi), Samsung Vietnam has officially completed the construction of the new R&D Center. At the same time, to show the determination to ensure safety and complete the work on schedule, a safety oath ceremony was also held.

Started in March 2020, up to now, the work has completed the rough part, equivalent to 70% of the work volume, thereby ensuring the construction on schedule so that the construction of the Research Center can be completed. New Research and Development of Samsung by the end of this year as committed to the Government of Vietnam.

Before that, in October 2020, the work had completed the foundation construction. In April 2021, the project reached 30% of the plan and started construction of the floating structure. By September 2021, 50% of the work has been completed.

Despite the complicated situation of the Covid-19 epidemic, Samsung Vietnam has ensured both compliance with strict disease prevention and control regulations and safety for the number of employees involved in construction. about 1,300 people per day.

Up to now, during the construction process, the project has not generated any labor accidents. Mr. Choi Joo Ho, General Director of Samsung Vietnam said: “Right after Samsung's new R&D Center project was started, it was also the time when the Covid-19 epidemic started to break out and complicated developments. The complexity in Vietnam makes the construction work also have certain difficulties.

However, with the full support of the Government and the City of Hanoi, the completion of the rough construction went on as planned. In particular, the new Research and Development Center is not only a testament to Samsung's long-term investment commitment in Vietnam, but also shows Samsung's will in its determination to bring Vietnam beyond its role as a base. production to become the top priority strategic base of Southeast Asia…”.


Safety Oath Ceremony, showing determination to be safe, complete on schedule.

Samsung Vietnam's new Research and Development Center has an investment of about 220 million USD, designed with 16 floors and 3 basements with a total construction area of ​​11,603 m2 and a floor area of ​​79,511 m2. Through the construction of a modern Research and Development Center, Samsung hopes that the research capacity of Vietnamese engineers will be enhanced, not only in the field of product development but also in the fields of research. artificial intelligence (AI), connected things (IoT), big data (Big Data), 5G networks… create a premise for Vietnam to be ahead of the pack with the changes of the industrial revolution 4.0 .

Besides, in addition to modern facilities and research equipment, Samsung Vietnam's new Research and Development Center also offers a creative and friendly working environment with facilities such as a gymnasium and a gym. sports, club room, internal dining room and overhead garden…