Samsung is about to start the construction of a new Research &
Development center in Vietnam. The new facility will be in Hanoi and
will cost the company $300 million.
The Vietnamese government has agreed to give Samsung the land to
build its R&D center without having to pay rent for the next 50
years.
The company is forced to make the investment in a new facility due to restricted space in the one already in operation in Hanoi. The new center will join the ones in the Bac Ninh and Thai Nguyen provinces.
The Vietnamese government has agreed to give Samsung the land to
build its R&D center without having to pay rent for the next 50
years.The company is forced to make the investment in a new facility due to restricted space in the one already in operation in Hanoi. The new center will join the ones in the Bac Ninh and Thai Nguyen provinces.
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