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Samsung chooses few Vietnamese suppliers

Update: October, 17/2014 - 09:36
Workers assemble mobile phones at a factory of South Korean firm Samsung Electronics Vietnam Company Ltd (SEV) at Yen Phong 1 Industrial Zone in the northern province of Bac Ninh. Only four Vietnamese enterprises among 67 suppliers are providing materials to the company. — File Photo

HA NOI (VNS)— There are only four Vietnamese enterprises among 67 suppliers that provide materials to South Korean firm Samsung Electronics Vietnam Company Ltd (SEV), the Dau tu (Vietnam Investment Review) newspaper reported.

These four Vietnamese firms are the Goldsun Packaging and Printing JSC, the Thang Long Packaging Production Export–Import JSC, Viet Hung Packaging Company Ltd and Nam A Company Limited.

Of the 67 suppliers of SEV, 53 are from South Korea, comprising the largest group, and seven are from Japan, while there is one each from the United Kingdom, Malaysia and Singapore.

SEV, owned by Samsung Corporation, is located in the Yen Phong 1 Industrial Zone in the northern province of Bac Ninh. With a registered capital of US$3 billion, the company produces mobile phones and telecommunications devices.

On September 11, the Vietnam Association of Foreign Invested Enterprises (VAFIE) and SEV organised a conference and an exhibition on spare parts that SEV needs to produce in Viet Nam. At the conference, SEV representatives provided information on their requirements for the components, such as technology, product quality and delivery time.

VAFIE chairman Nguyen Mai said that more than 50 enterprises interacted with the SEV representatives at the conference. He expected that about 15 to 20 firms will become the South Korean firm's suppliers in the future. — VNS

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