Samsung Electronics Vietnam: A Key High-Tech Manufacturer in Southeast Asia

Introduction

Samsung Electronics Vietnam Company Limited (SEV) is one of the most significant foreign direct investment (FDI) enterprises in Vietnam. Established in 2008, the company has grown into a central hub for Samsung’s global manufacturing and supply chain, specializing in the production of high-tech electronics and communication equipment. With a workforce of 20,000 employees, SEV represents both technological excellence and long-term commitment to Vietnam's industrial development.

Samsung Vietnam Legal Structure and Ownership

Samsung Electronics Vietnam operates as a One-Member Limited Liability Company (LLC), fully owned by Samsung Asia Pte. Ltd., based in Singapore. The company's business registration number is 2300325764, and it is registered with the Department of Planning and Investment of Bac Ninh Province.

• Date of Registration: March 25, 2008
• Charter Capital: USD 65,031,346
• Paid-up Capital (as of 31/12/2023): USD 53,317,996
• Tax Identification Number (TIN): 2300325764
• Ownership: 100% foreign-owned (FDI)

This legal structure enables SEV to operate independently while adhering to both Vietnamese regulations and Samsung Group’s global corporate policies.

Key Management Personnel

The company is led by a combination of international and local professionals:

• General Director: Mr. Kim Iee Soo (South Korean)
• Chief Accountant: Ms. Dong Thi Hanh (Vietnamese)

This leadership team ensures efficient operations, compliance, and strategic alignment across global and local business environments.

Business Activities

Core Business Areas

Samsung Electronics Vietnam engages in:

• Manufacturing and assembling high-tech electronic products
• Marketing and trading of consumer and communication electronics
• Research and development (R&D) for cutting-edge technologies

Registered Business Lines

• Manufacture of communication equipment
• Engineering R&D and market research
• Construction of telecom infrastructure
• Machinery installation and repair
• Equipment leasing
• Real estate transactions
• Business consultancy and technical services

This broad operational scope positions SEV not just as a manufacturer but as a regional technology and service provider.

Branch Network and Geographic Reach

While its primary operations are based in Yen Phong I Industrial Park, Bac Ninh Province, SEV also maintains key branches in Vietnam’s major cities:

• Ho Chi Minh City Branch
  • Location: 22nd–25th Floor, Bitexco Financial Tower
  • Phone: (84-28) 3915 7310
• Hanoi Branch
  • Location: Xuan Tao Ward, Bac Tu Liem District

These locations support logistics, administration, and customer relationship functions across Vietnam.

Financial Performance (2022–2024)

Samsung Electronics Vietnam has maintained strong financials despite global fluctuations. Below is a snapshot of the company’s key financial data, converted to USD (using the rate of 1 USD = 24,341 VND):

Samsung Electronics Vietnam – Key Financial Data (in USD)

Year-over-Year Trends

• Sales rebounded in 2024 with +7.44% growth after a dip in 2023
• Profit decreased by -6.23% YoY in 2024, reflecting tighter margins
• Assets declined modestly by -1.36% in 2024
• Equity rose slightly by +2.16%, showing gradual stabilization

Despite some contraction in 2023, SEV remains one of the largest and most profitable manufacturers in Vietnam’s technology sector.

Strategic Role in Samsung’s Global Ecosystem

Samsung Electronics Vietnam plays a critical role in Samsung Group’s global supply chain, especially in the production of mobile devices and electronic components for international markets. It serves as a central export hub for Southeast Asia and continues to attract attention from partners, regulators, and investors worldwide.

The company also engages in R&D activities, contributing innovations that support Samsung’s leadership in global consumer electronics, particularly smartphones and connected devices.

Powered by Reliable Intelligence: Vanguard Business Information LLC

To gain deeper insight into Samsung Electronics Vietnam—including financial ratios, risk analysis, litigation background, director profiles, and operational history—business leaders turn to Vanguard Business Information LLC (VBI).

About VBI

Vanguard Business Information LLC (VNBIS) is a U.S.-based business intelligence provider, specializing in credit risk assessment, company investigations, and market intelligence—especially for companies based in Vietnam and Southeast Asia. VNBIS offers a powerful and transparent information platform where clients can search for over 600,000+ companies in Vietnam, with comprehensive reports available for purchase instantly.

Get the Full Financial or Comprehensive Report on Samsung Vietnam

If you're considering investing, partnering, or competing with Samsung Electronics Vietnam, you can download the following reports directly from https://www.vnbis.com:

• Company Financial Report
  Detailed breakdown of assets, liabilities, revenue, profit margins, equity, and more—based on audited data and normalized to international standards.
• Comprehensive Company Report
  Includes financials, legal structure, credit risk, litigation history, branches, key personnel, related parties, and strategic SWOT analysis.

These reports are prepared and verified by VBI’s expert analysts and sourced from official Vietnamese authorities, ensuring accuracy, completeness, and legal compliance.

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