Vietnam will accompany and encourage businesses to step up green transition and reduce carbon footprints through developing regulations on emission limits, carbon credit market, carbon tax, green finance and land incentives, he stressed.

He suggested foreign firms, including Samsung Vietnam, to propose the Government measures to remove bottlenecks while carrying out the Direct Power Purchase Agreement (DPPA) with a view to operate the electricity market in line with the market mechanism.

He also asked Samsung Vietnam to continue landing investments in research and development (R&D) centres and promoting technology transfer in emerging industry such as semiconductors.

Briefing the host on his company’s business operation over the past time, Choi said Samsung Vietnam, owning six production facilities and one R&D centre with total investment of 22.8 billion USD, shipped 33.5 billion USD worth of products abroad during January-July, up 5% year-on-year.

He spoke highly of the Vietnamese Government’s DPPA mechanism between renewable energy generators and large customers, and expressed his hope that the Government will create more favourable conditions so that Samsung Vietnam could increase the use of renewable power at rational costs, contributing to the country’s commitment to cut emissions to net zero by 2050.

Deputy PM calls for Samsung's help in training semiconductor engineers

Deputy Prime Minister Tran Luu Quang received General Director of Samsung Vietnam Choi Joo Ho in Hanoi on March 4.

Vietnam wants to cooperate with Samsung in semiconductor development: official

Vietnam hopes Samsung become a strategic investor in the context that the country is building a strategy to develop the semiconductor industry and promote innovation, Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc has told General Director of Samsung Vietnam Choi Joo Ho.

Wheelchairs and Samsung scholarships offered to people with disabilities and impoverished students

BAC GIANG - The Bac Giang provincial Study Promotion Association, Department of Labor, War Invalids and Social Affairs, Samsung Electronics Vietnam Company Limited (Samsung) on November 1 organized an event at the conventional hall of Bac Giang city People’s Committee to present wheelchairs to people with disabilities and scholarships to impoverished students.

Prime Minister hosts CFO of Samsung Group

Prime Minister Pham Minh Chinh hosted a reception in Hanoi on October 31 for Chief Financial Officer of Samsung Group Park Hark Kyu.

Samsung Vietnam Company gives scholarships to 200 VKTech’s students

BAC GIANG- Samsung Display Vietnam Company Limited in Yen Phong industrial park, Bac Ninh province on October 16 collaborated with Vietnam-Korea College of Technology (VKTech) to present 200 scholarships to outstanding students of the College, each worth 5 million VND (203 USD).

Source: VNA