Samsung Vietnam’s 2021 revenue tops 74 billion USD
(VOVWORLD) - Samsung Vietnam earned 74.2 billion USD in revenue last year, up 14% annually despite pandemic woes. The company’s export value hit 65.5 billion USD, up 16% year on year, according to its 2021 business report released on Thursday.
 Samsung Electronics Vietnam factory in Bac Ninh province (Photo: Samsung/VNA)) |
Their accomplishments are attributed to following COVID-19 safety measures and the all-round support of the governments and authorities where their factories are located.
Over 50% of Samsung mobiles are made in Vietnam and exported to 128 countries and territories all over the world.
Director General of Samsung Vietnam Choi Joo-ho said an additional investment of hundreds of million USD are poured into Vietnam every year to keep their production going as well as improve productivity and quality.
By the end of 2021, Samsung Vietnam's total accumulated investment capital hit 18 billion USD. It is running six factories in Bac Ninh and Thai Nguyen province and Ho Chi Minh City.