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Samsung Electronics Vietnam Invests Another US$1 Bln Project in Bac Ninh

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June 21, 2013 (Vietnamica) – Bac Ninh Industrial Zones Authority has granted an investment certificate for Samsung Electronics Vietnam, a wholly-owned subsidiary of the Republic of Korea’s Samsung Electronics, on investing US$1 bln in its project named SEV3 (TTXVN, June 20). In light of this, SEV has invested totally US$2.5 bln in Bac Ninh Province. The SEV3 plant covers a 559,4 square meter area in Yen Phong I Industrial Zone (Bac Ninh). The construction of this plant is started this June and will be finished in 2017. It is expected to create about 20,000 jobs. SEV3 aims at researching and developing (more…)

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