SAMSUNG ELECTRONICS VIETNAM COMPANY LIMITED

Samsung Electronics Vietnam Co., Ltd. (Công ty TNHH Samsung Electronics Việt Nam) is the third-largest company in Vietnam and a key part of Samsung’s global supply chain. Established in 2008, the company is based in Yên Phong I Industrial Park, Bắc Ninh Province, with branches in Hà Nội and Hồ Chí Minh City. As a wholly owned subsidiary of Samsung Asia Pte. Ltd. (Singapore), it focuses on manufacturing, assembling, and marketing high-tech electronics, including communication equipment and electronic components. With a workforce of 16,000 employees, Samsung Electronics Vietnam plays a crucial role in Vietnam’s electronics export industry.

Despite its strong market presence, the company faced financial challenges in 2023, with total assets dropping by 32.46% YoY to USD 5.63 billion and sales declining by 13.91% to USD 15.16 billion. Profits also fell by 10.62%, reaching USD 1.1 billion, reflecting global economic fluctuations and shifts in consumer demand. However, the company remains a powerhouse in Vietnam's electronics sector, backed by significant working capital of USD 3.23 billion, ensuring operational stability.

For multinational corporations like Samsung Electronics Vietnam, having accurate business intelligence and risk assessment solutions is essential for navigating market volatility and optimizing operations. Vanguard Business Information LLC (VNBiS) provides tailored corporate intelligence services, including supplier due diligence, financial health monitoring, and regulatory compliance consulting. By leveraging VNBiS’s expertise, Samsung Electronics Vietnam can ensure secure supply chain partnerships, optimize risk management strategies, and gain deeper market insights.

Vietnam's electronics and technology landscape continues to evolve, and staying ahead requires access to trusted data and financial analysis. VNBiS empowers businesses with market intelligence, competitor benchmarking, and strategic business assessments, enabling companies like Samsung Electronics Vietnam to make informed decisions and drive sustainable growth.

For companies looking to enhance financial security, minimize risks, and expand partnerships, Vanguard Business Information LLC is a trusted partner in corporate intelligence. Visit www.vnbis.com for industry-leading business risk solutions and financial advisory services tailored for Vietnam’s dynamic business environment.