How Are Samsung’s Four Major Vietnamese Factories Faring Post-Trump’s Tariffs and Natural Disasters in Thai Nguyen?

Starting in April, a foreign news agency reported that Samsung might adjust its production, shifting part of its mobile phone manufacturing (in Vietnam) to other countries.

According to this agency, concerns over tariffs, power supply issues, Vietnam’s increased tax rates for large multinational corporations based on global standards, the scarcity of skilled labor, and rising wage costs are pressures diminishing Vietnam’s investment appeal compared to other nations.

While many expressed concerns that President Donald Trump’s retaliatory tariffs could impact several companies, including Samsung in Vietnam, the business results of Samsung’s four main factories in Vietnam tell a different story.

In reality, these four units achieved a

total revenue of 67.352 trillion KRW

(equivalent to approximately

45.86 billion USD

or

1,210 trillion VND

) in the first nine months of 2025,

a 5.53%

increase compared to the same period in 2024. The total profit for the group was

4.369 trillion KRW

(around

2.97 billion USD

),

up 4.51%.

SEVT boasts the largest revenue scale among the units in Vietnam,

reaching

29.044 trillion KRW (521.6 trillion VND) in the first nine months of 2025

, a

10%

increase compared to 2024. However, its net profit remained nearly flat, at 2.001 trillion KRW, with a slight decrease of

0.46%.

One factor affirming SEVT’s success is its strategic location in Thai Nguyen province. In October, while many areas in the North faced storms and floods, a Samsung Vietnam delegation led by CEO Na Ki Hong emphasized: Samsung Vietnam’s factories in Thai Nguyen, along with many other FDI enterprises operating in the province’s industrial zones, were

not directly affected by natural disasters

.

The group’s leadership was highly impressed by this, as it demonstrates the locality’s long-term strategic vision for industrial development, further deepening FDI investors’ confidence in Thai Nguyen.

SEV

also recorded growth in both metrics. SEV’s revenue reached

18.923 trillion KRW

, an

11%

increase, with profits rising

8.67%

to 1.420 trillion KRW

SEHC

is the ”

star” in profit growth

for the Vietnam group. Despite having the smallest revenue among the four units at 5.783 trillion KRW, up

8.88%,

SEHC’s profit soared

47.32%

to

340 billion KRW.

In contrast to the overall growth,

SDV

was the only subsidiary to record a decline in the first nine months of 2025, amid the unit’s increased investment in Vietnam.

SDV’s revenue reached


13.603 trillion KRW


, a


9.61%


decrease.

Profit also dropped


3.9%


to 608 billion KRW.

A recent significant investment by Samsung in Vietnam was in September 2024, when SDV committed to investing 1.8 billion USD in Bac Ninh for the production of OLED screens for mobile phones, IT devices, and automobiles. In January 2025, Bac Ninh province granted SDV an Investment Registration Certificate for an additional 1.2 billion USD investment, and by May 2024, another Investment Registration Certificate was issued.

To date, Samsung’s presence in Vietnam includes six factories, one Research and Development (R&D) Center, and one sales entity. Samsung is the largest foreign direct investor in Vietnam, with a total investment of 23.2 billion USD.