Tuesday 29 December 2015

samsung ups investment in vietnam project

Bizbilla - Latest Business News

Major Electronics manufacturing company Samsung will hike their investment in vietnam project.



A unit of South Korea's Samsung Electronics won Vietnamese government approval on Tuesday to raise its investment in an electronics plant to $2 billion, part of a wave of projects in Vietnam by global consumer goods giants.

A Ho Chi Minh City government official said the Vietnamese government had given a green light to Samsung Asia Pte Ltd increasing its investment in the city's Saigon Hi-Tech Park (SHTP) from a previous $1.4 billion.


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