On July 8, Mr. Nguyen Van Quang, Secretary of the Danang Party Committee, led a working delegation to visit Samsung Electronics’ semiconductor factory in Pyeongtaek City, Gyeonggi Province, South Korea.
At the event, the Secretary introduced Korean investors to the policies of Danang city and Vietnam regarding the development of the semiconductor industry.
According to Mr. Quang, the semiconductor industry is a key sector that the city is focusing on investing in, creating a breakthrough in socio-economic development in the coming time. Based on its strengths, Danang is concentrating on building a development strategy focused on chip and integrated circuit design, gradually developing testing and packaging.
Accordingly, the city is focusing on training high-quality human resources in this field while preparing the necessary conditions to meet the demands of businesses and investors.
Especially, Danang has been allowed by the National Assembly to apply superior preferential policies for strategic investors and partners in the semiconductor industry, including tax incentives, land access, infrastructure, and human resource development policies.
Mr. Nguyen Van Quang proposed that Samsung Group consider investment opportunities in Danang and support the city in training high-quality human resources in this field.
Mr. Lee Jin Wook, Vice President of Samsung Electronics’ semiconductor factory in Pyeontaek City, highly appreciated Vietnam’s potential and proactive participation in the global semiconductor supply chain.
Mr. Lee Jin Wook also expressed his impression of Danang’s efforts in building the city into a potential investment destination for the semiconductor industry in Vietnam.
During the working session, the Danang delegation was introduced by the Samsung Electronics delegation to the history and development of Samsung in the semiconductor industry, as well as the group’s latest manufacturing technologies.
The most extensive bribery case ever in Thanh Hoa: Numerous suspects prosecuted for “Giving and Receiving Bribes”
The Provincial Security Investigation Agency (PSIA) of Thanh Hoa province announced on January 31st that it has made the decision to initiate a prosecution against 23 individuals in connection with the offenses of “Accepting bribes” and “Giving bribes” as stipulated in Article 354(3) and Article 364(2) of the Criminal Code.
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Deputy Prime Minister Trần Hồng Hà has recently issued directives regarding the implementation of the 120,000 billion VND credit package for investors and buyers of social housing, workers’ housing, and projects for the renovation and construction of apartment buildings.
“Prosecution of government officials, land registration officers, and tax department employees in the largest bribery case ever”
The Thanh Hoa Police Investigative Agency has initiated legal proceedings against 23 individuals involved in the crimes of “Bribery” and “Receiving bribes”. This is the largest bribery case in terms of the number of suspects ever discovered and apprehended by the Thanh Hoa Police.
Mobile World achieves revenue of VND118,000 trillion: TVs, tablets, and phones all decrease by 10% – 50%, while one product grows in both quantity and revenue.
Mobile World Investment Corporation (MWG) has recently announced its 2023 business results. According to the report, the company’s consolidated revenue reached over 118 trillion Vietnamese dong, equivalent to 89% of the revenue in 2022.
Vietnam’s Irresistible ‘Specialty’ That China Desperately Wants to Revive: Highly Popular from the US to Asia, Bringing in Millions of Dollars
Vietnam is one of the largest exporting countries in the world, along with China and the Philippines.
