South Korea stands as the leading partner of Bac Ninh province in attracting foreign direct investment (FDI). The province currently hosts 1,141 projects with South Korean investment, totaling over USD 15.7 billion in registered capital after adjustments, ranking first among 42 countries and territories investing in Bac Ninh.
Among these, Samsung Group’s subsidiaries play a pivotal role, accounting for approximately 70% of South Korea’s total FDI in the province. The Samsung Complex in Bac Ninh comprises three member companies with a combined registered investment of USD 10.96 billion. Notably, Samsung Display Vietnam leads with the largest investment, reaching USD 8.3 billion.
Beyond its economic contributions, Samsung Display Vietnam actively collaborates with Bac Ninh province in social development initiatives. This includes supporting businesses within and outside industrial zones to integrate more deeply into Samsung’s global production and supply chain, fostering sustainable growth.
Additionally, the company continues to invest in high-tech products, focusing on training and developing a high-quality workforce in key areas. It also participates in various social welfare programs, enhancing the livelihoods of local residents.
Chairman of the Provincial People’s Committee Pham Hoang Son (right) meets with Mr. Kang Euisik, Deputy General Director of Samsung Display Vietnam.
During a meeting with provincial leaders, Mr. Kang Eui Sik, Deputy General Director of Samsung Display Vietnam, stated that the company is formulating a strategy to expand production in Vietnam, including Bac Ninh.
In the coming period, the company will focus on developing OLED screen production projects, training high-skilled experts and technicians, and enhancing corporate social responsibility activities in the locality.
Samsung Display Vietnam’s leadership expressed a desire for continued support from Bac Ninh’s authorities to enhance production efficiency and business performance. This collaboration aims to strengthen the friendly cooperation between Vietnam and South Korea, as well as between Bac Ninh and the South Korean business community.
Samsung operates four factories in Vietnam. According to the company’s financial report for the first half of 2025, three out of four Samsung manufacturing plants in Vietnam recorded positive revenue compared to the same period last year.
Samsung Thai Nguyen (SEVT), the largest Samsung facility in Vietnam, reported revenue of KRW 19,677 billion (USD 14.47 billion), a 6% increase year-on-year. Profits reached KRW 1,200 billion (USD 882 million). These results position SEVT as Samsung’s third-highest revenue and profit generator globally, following two U.S.-based plants.
Samsung Bac Ninh (SEV) also achieved positive results, with revenue of KRW 11,755 billion (USD 8.64 billion), up 7.3% from 2024.
Samsung Electronics HCMC CE Complex (SEHC), specializing in TVs and home appliances, saw the most significant growth, with revenue of KRW 4,010 billion (USD 2.9 billion), a 15.6% increase.
Samsung Display Vietnam (SDV) in Bac Ninh was the only facility to report a revenue decline, dropping 12.9% to KRW 7,929 billion (USD 5.83 billion).
Collectively, Samsung’s four Vietnamese factories generated total revenue of KRW 43,372 billion (USD 31.9 billion) in the first half of 2025, a 3.2% increase, or an additional KRW 1,354 billion compared to the same period last year. Profits reached KRW 26,731 billion.
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