Samsung has announced plans to invest $1.8 billion USD in Yen Phong Industrial Park in Bac Ninh province, Vietnam, to manufacture organic light-emitting diode (OLED) displays. According to reports, the new facility will be used for the production of OLED displays for automobiles and technology equipment to expand Samsung’s presence in the region. The report…
VinFast: $2 Billion EV Investment in India
VinFast Auto Ltd. is a multinational automotive company that was founded in 2017 with its headquarters in Haiphong, Vietnam. VinFast is a subsidiary of the largest conglomerate in Vietnam called Vingroup. Vingroup Joint Stock Company was originally founded in Ukraine as Technocom, with a specialization in dried foods like instant noodles, until the early 2000s…