Samsung’s 2 Billion Phones Milestone: A Testament to Vietnam’s Manufacturing Prowess
On the evening of August 26th, at the Government Headquarters, Prime Minister Pham Minh Chinh met with Mr. Roh Tae Moon, CEO of Samsung Electronics, and his delegation during their visit to Vietnam.
Prime Minister Chinh acknowledged and appreciated Samsung’s impressive business achievements and investment in Vietnam over the years. Mr. Roh Tae Moon shared that as of last year, Samsung’s total investment in Vietnam had reached a remarkable $23.2 billion. He also affirmed that other entities of the Samsung group, such as Samsung Display and Samsung Electro-Mechanics, would continue to expand their investments in the Vietnamese market.
Prime Minister Pham Minh Chinh’s meeting with Mr. Roh Tae Moon, CEO of Samsung Electronics – Photo: VGP.
Mr. Roh Tae Moon highlighted some impressive milestones achieved by Samsung in Vietnam this year:
Manufacturing Output: As of June 2025, Samsung’s mobile phone factories in Bac Ninh and Thai Nguyen have produced an astonishing 2 billion mobile phones since their inception 16 years ago.
Revenue and Exports: In the first half of 2025, Samsung Vietnam’s revenue reached $31.8 billion , with exports amounting to $28 billion.
Mr. Roh Tae Moon also shared with the Prime Minister a source of pride for Samsung: the Galaxy Z Fold 7 “Made in Vietnam” , which was launched in July and has been well-received in international markets, including the US and Europe.
CEO Roh Tae Moon reaffirmed Samsung Vietnam’s commitment to supporting the Vietnamese government and contributing to the country’s socio-economic development.
He mentioned that since 2015, Samsung has been implementing various programs to develop Vietnam’s supporting industries. Especially this year, Samsung Vietnam has collaborated with the group to form a quick response team to establish a systematic supply sourcing process and expand supply sourcing activities. Once potential businesses are identified, Samsung will focus on providing smart factory consulting to enhance competitiveness and train manufacturing experts.
During the meeting, Prime Minister Pham Minh Chinh presented a commemorative plaque to mark the production of Samsung’s 2 billionth mobile phone in Vietnam.
Prime Minister Pham Minh Chinh presenting a commemorative plaque for Samsung’s 2 billionth mobile phone produced in Vietnam – Photo: VGP/Nhat Bac
Global Acclaim for “Made in Vietnam” Samsung Phones
The Galaxy Z Fold 7 is a source of pride for Samsung, and it was one of their flagship smartphones launched in July.
This model marks an important milestone, introducing the next generation of foldable phones with enhanced design and performance.
It boasts the thinnest and lightest design to date (measuring only 8.9mm thick when folded and 4.2mm when opened, weighing 215 grams), along with a larger screen, a 200MP camera, the Snapdragon 8 Elite chip with AI capabilities, and a 4,400mAh battery, all running on the One UI 8 interface.
Galaxy Z Fold7 impresses with its ultra-slim design.
Samsung introduced the world to foldable phones in 2019, ushering in a new era of mobile technology. As the name suggests, foldable phones can be folded, presenting a unique design compared to traditional smartphones.
Unlike conventional smartphones with unibody designs, foldable phones feature a central hinge that connects two screens, allowing the device to be folded and unfolded. This innovative design offers a seamless transition between a compact form factor and a larger display area.
The Galaxy Z Fold 7 is advertised as having a durability of 500,000 folds, twice that of its predecessors. Samsung is a pioneer and market leader in foldable phones, with the Galaxy Z Fold and Z Flip series combined selling nearly 12 million units in 2022, outperforming all other brands in this segment.
In Vietnam, the Z Fold series has garnered significant interest. Pre-orders for the Galaxy Z Fold 7 are expected to account for a substantial proportion, ranging from 65% to 70% of total orders in some retail systems.
In Samsung’s home market of South Korea, according to FNN News, the latest Z Fold7 model accounts for about 60% of pre-orders for the new foldable phone series, while the Flip models, including the Z Flip7 and Flip7 FE, make up the remaining 40%.
