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Thai Nguyen - Where Samsung set up
Date: 5/25/2023 2:07:47 PM
What is the potential for development of an industrial park in Vietnam where Samsung has set up the world’s largest mobile phone factory?

 Specifically, according to the Department of Foreign Affairs of Thai Nguyen province, in 2013, Samsung Electronics Vietnam Thai Nguyen Co., Ltd (Samsung Thai Nguyen - SEVT) was established, which is an important milestone for Samsung Vietnam, as well as a milestone in time. memorable in the industrialization process of Thai Nguyen. Samsung factory in Thai Nguyen is the largest phone production facility of Samsung Group in the world.

The SEVT factory has developed into a mainstay of mobile phone projects, manufacturing key components and supplying manufacturing plants around the globe, such as manufacturing metal frames in 2014, 3D glasses in 2014. 2015, FTG ultra-thin glass specialized for folding phones in 2021.

Samsung Electronics factory in Thai Nguyen is located in Yen Binh industrial zone, Pho Yen, Thai Nguyen. Currently, Yen Binh industrial park is a multi-industry industrial park with great potential in developing and attracting investment in electronics and clean, high-tech industries that do not pollute the environment such as manufacturing. mobile and electronic devices; production of electronic components; production of automation equipment; semiconductor manufacturing...

The focus on development attracts investment in these areas in order to create a healthy and sustainable investment location.

Yen Binh Industrial Park is located adjacent to the Hanoi - Thai Nguyen expressway, directly connected to Yen Binh intersection, so it has many advantages in traffic and goods trade. In addition, Yen Binh industrial park also has convenient traffic routes connecting to the centers of 5 major northern cities with a distance of less than 30km, including Hanoi, Thai Nguyen, Bac Ninh, Bac Giang and Vinh Yen. .

In the traffic system, Yen Binh Industrial Park is conveniently connected to National Highway 18, National Highway 1, and National Highway 5. Yen Binh Industrial Park is 35 km from Noi Bai International Airport, 161 km from Hai Phong Seaport. , 5 km from Yen Binh river port and 1.2 km from Yen Binh railway station.

Currently, Yen Binh industrial park has attracted many large enterprises to invest in production development. In particular, the most prominent is the project to build a phone factory of Samsung. Samsung’s total investment in Thai Nguyen has so far reached nearly $7.5 billion (accounting for nearly 73% of the province’s total FDI investment).

The presence and continuous development of Samsung in Thai Nguyen has created a strong spillover to Thai Nguyen province’s economy and society when it has attracted many investors in Samsung’s global supply chain. Together, they have made positive contributions to making Thai Nguyen province one of the leading localities in the country in terms of industrial production value and export value.

Besides, Yen Binh industrial park also attracts projects to produce electronic equipment, communication, consumer goods... such as the project of manufacturing electronic components of Hansol Electronics Vietnam Company; battery and battery production project of Trina Solar Energy Development Co., Ltd; Sunny Opotech Vietnam Co., Ltd.’s camera module production project and a series of projects by Korean and Chinese investors.

According to the master plan of Thai Nguyen province for the period of 2021 - 2030, with a vision to 2050, which has just been approved by the Prime Minister, Thai Nguyen will accelerate the construction of infrastructure for industrial parks and industrial clusters.

The province focuses and prioritizes attracting investment in the development of industrial parks and industrial clusters in the southern region associated with the development of the Hanoi Capital region.

For industrial parks, the master plan determines that by 2030, Thai Nguyen province will develop and expand 11 industrial parks and a concentrated information technology park, with a total area of ​​4,245 hectares.

Specifically, these 11 industrial parks include: 5 established IPs with a total area of ​​about 1,471 ha: Song Cong I Industrial Park (196.88 ha, of which 1.88 ha is expanded) and Song Cong II (260 ha) ) in Song Cong city; Diem Thuy (361.1 ha, of which 11.1 ha is expanded) in Phu Binh district and Pho Yen city; Nam Pho Yen (263 ha, of which 143 ha will be expanded), Yen Binh Industrial Park (400 ha) in Pho Yen city.

Along with that, 3 industrial zones have been included in the planning with a total area of ​​1,175 ha: Song Cong II Industrial Park Phase 2 (300 ha in Song Cong City; Phu Binh Industrial Park - Urban - Service Area (total area of ​​900 ha, in which) industrial park land is 675 ha) in Phu Binh district; Yen Binh concentrated IT zone (200 ha) Pho Yen city and Phu Binh district.

4 newly planned industrial zones with total area of ​​about 1,599 ha: Yen Binh 2 Industrial Park (301 ha) in Pho Yen city and Phu Binh district; Yen Binh 3 (300 ha), Thuong Dinh (130 ha) in Phu Binh district; Tay Pho Yen Industrial Park - Urban - Service (planning the whole area is 1,128 ha, including 868 ha of industrial land, 260 ha of urban - service land) in Pho Yen city.

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